12 unchanged sentences
We intend to pay regular quarterly dividends to holders of our Class A common stock and Class B common stock, at least to the extent of our taxable income or as required to maintain our qualification as a REIT.
−Removed: Any distributions we pay in the future will depend upon our taxable income, actual results of operations, economic conditions and other factors that could differ materially from our current expectations.
+Added: Any distributions we pay in the
+Added: future will depend upon our taxable income, actual results of operations, economic conditions and other factors that could differ materially from our current expectations.
Our actual results of operations will be affected by a number of factors, including the revenue we receive from our properties, our operating expenses, interest expense, the ability of our tenants to meet their obligations and unanticipated expenditures.
6 unchanged sentences
Stockholder Return Performance
−Removed: The following graph is a comparison of the cumulative total stockholder return on our Class A common stock, the Standard & Poor's 500 Index (the "S&P 500 Index"), the FTSE NAREIT All Equity Index (the "FTSE NAREIT All Equity Index") and the FTSE NAREIT Equity REIT Office Index ("FTSE NAREIT Equity REIT Office Index").
+Added: The following graph is a comparison of the cumulative total stockholder return on our Class A common stock, the Standard & Poor's 500 Index (the "S&P 500 Index"), the MSCI US REIT Index and the FTSE NAREIT Equity REIT Office Index.
The graph assumes that $100.00 was invested on December 31, 2018 and dividends were reinvested without the payment of any commissions.
17 unchanged sentences
The shares of Class A common stock underlying any awards under the 2019 Plan and the 2013 Plan that are forfeited, canceled or otherwise terminated, other than by exercise, will be added back to the shares of Class A common stock available for issuance under the 2019 Plan.
−Removed: For a further discussion of the Plans, see "Financial Statements - Note 10 Equity".
+Added: For a further discussion of the Plans, see "Financial Statements - Note 10 Equity" in this Annual Report on Form 10-K.
The following table presents certain information about our equity compensation plans as of December 31, 2023:
22 unchanged sentences
Our Board of Directors authorized the repurchase of up to $500 million of our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units during the period from January 1, 2022 through December 31, 2023.
−Removed: This replaces an earlier $500.0 million repurchase authorization that ran from January 1, 2021 through December 31, 2021.
+Added: Upon expiration of this program, the Board of Directors authorized the repurchase of up to $500 million of our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units during the period from January 1, 2024 through December 31, 2025.
Under the program, we may purchase our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units in accordance with applicable securities laws from time to time in the open market or in privately negotiated transactions.
1 unchanged sentence
The authorization does not obligate us to acquire any particular amount of securities, and the program may be suspended or discontinued at our discretion without prior notice.
−Removed: As of December 31, 2022, we had approximately $409.8 million remaining of the authorized repurchase amount.
−Removed: The following table summarizes our purchases of equity securities in each of the three months in the three month period ended December 31, 2022 under the repurchase program described above:
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan Maximum Approximate Dollar Value Available for Future Purchase (in thousands)
−Removed: October 1-31, 2022 313,530 $ 6.60 313,530 $ 415,384
−Removed: November 1-30, 2022 — $ — — $ —
−Removed: December 1-31, 2022 824,684 $ 6.74 824,684 $ 409,824,000
+Added: At December 31, 2023, we had used approximately $103.3 million of the authorized repurchase amount for the 2022-2023 period.
+Added: There were no repurchases of equity securities in the three-month period ended December 31, 2023 under this repurchase program.
+Added: See "Financial Statements - Note 10 Equity" in this Annual Report on Form 10-K.
+Added: There have also been no repurchases of equity securities yet under the new repurchase program.
Not applicable.
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.