7 unchanged sentences
Our stock price performance shown in the graph below is not indicative of future stock price performance.
+Added: Since our inception in 1999, we completed the spin-off of two independent publicly traded companies.
+Added: On June 1, 2014, Ensign completed the spin-off of CareTrust REIT, Inc.
+Added: (CareTrust) into an independent publicly traded company.
On October 1, 2019, Ensign completed the spin-off of The Pennant Group, Inc.
18 unchanged sentences
(2) The value displayed only incorporates the value of The Ensign Group, Inc.
−Removed: stock and does not incorporate the value shareholders received in connection with our spin-offs of CareTrust REIT Inc.
−Removed: and The Pennant Group, Inc.
+Added: stock and does not incorporate the value shareholders received in connection with our spin-off of The Pennant Group, Inc.
Dividend Policy
2 unchanged sentences
Issuer Repurchases of Equity Securities
−Removed: Stock Repurchase Programs — On July 28, 2022, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from August 2, 2022.
+Added: Stock Repurchase Programs — On August 29, 2023, the Board of Directors approved a stock repurchase program pursuant to which we may repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from September 1, 2023.
Under this program, we are authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: We did not purchase any shares pursuant to this stock repurchase program in the year ended December 31, 2022.
−Removed: The share repurchase program does not obligate us to acquire any specific number of shares.
−Removed: On February 9, 2022, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from February 10, 2022.
−Removed: Under this program, we were authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: During the second quarter of 2022, we repurchased 0.3 million shares of our common stock for $20.0 million.
−Removed: This repurchase program expired upon the repurchase of the fully authorized amount under the plan and is no longer in effect.
−Removed: On October 21, 2021, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from October 29, 2021.
+Added: We did not purchase any shares pursuant to this stock repurchase program during the year ended December 31, 2023.
+Added: Previously on July 28, 2022, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from August 2, 2022.
Under this program, we were authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: During the first quarter of 2022, we repurchased 0.1 million shares of our common stock for $9.9 million.
−Removed: During the fourth quarter of 2021, we repurchased 0.1 million shares of our common stock for $10.1 million.
−Removed: This repurchase program expired upon the repurchase of the fully authorized amount under the plan and is no longer in effect.
−Removed: A summary of the repurchase activity for the year ended December 31, 2022 is as follows (dollars in millions, except per share amounts):
−Removed: Period Total Number of Shares Repurchased Average Price Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: First quarter of 2022 (1)
−Removed: 133,328 $ 74.09 133,328 $ 20.0
−Removed: Second quarter of 2022 (2)
−Removed: 270,720 73.85 270,720 —
−Removed: Third quarter of 2022 — — — 20.0
−Removed: October 1 to October 31, 2022 — — — 20.0
−Removed: November 1 to November 30, 2022 — — — 20.0
−Removed: December 1 to December 31, 2022 — $ — — $ 20.0
−Removed: (1) These purchases were effectuated through a Rule 10b5-1 trading plan adopted by the Company on October 21, 2021.
−Removed: (2) These purchases were effectuated through a Rule 10b5-1 trading plan adopted by the Company on February 9, 2022.
+Added: The share repurchase program does not obligate us to acquire any specific number of shares.
+Added: The stock repurchase program expired on August 2, 2023 and is no longer in effect.
+Added: We did not purchase any shares pursuant to this stock repurchase program.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.