12 unchanged sentences
Share purchases prior to 12/31/2024 under the current repurchase program.
−Removed: Third quarter purchases:
+Added: First quarter purchases:
1/1/2025-1/31/2025
3 unchanged sentences
The Company has one stock repurchase program which was established in February 2003 by the Board of Directors and which initially authorized management to expend up to $3,000,000 to repurchase shares on the open market as well as in private negotiated transactions.
−Removed: In February 2005, February 2006, August 2007 and February 2008 the Board of Directors increased the remaining balance on this plan to its original level of $3,000,000.
−Removed: In September 2019, the Board of Directors increased the stock repurchase program from $3,000,000 to $5,000,000.
−Removed: In December 2020, the Board of Directors increased the stock repurchase program to $15,000,000.
−Removed: From its inception date through September 30, 2024, the Company has repurchased 2,153,132 shares of its common stock under this repurchase program for an aggregate price of $28,812,686.
+Added: Since the program’s inception, the Board has replenished and increased the dollar amount of authorized stock repurchases on multiple occasions.
+Added: Most recently, in February 2025, the Board of Directors increased the stock repurchase program to $20,000,000.
+Added: From its inception date through March 31, 2025, the Company has repurchased 2,389,791 shares of its common stock under this repurchase program for an aggregate price of $32,387,923.
The repurchase program has no termination date and there have been no share repurchases that were not part of a publicly announced program.
3 unchanged sentences
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.