Market for the Registrant’s Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities
−Removed: Our common stock trades on NASDAQ under the trading symbol “FBNC.” Tables have been included in Item 7 under the heading, "Selected Consolidated Financial Data," which provide historic information on the market price for the Company’s common stock.
+Added: Our common stock trades on NASDAQ under the trading symbol “FBNC.” Tables have been included in Item 7 under the heading, "Selected Financial Information," which provide historic information on the market price for the Company’s common stock.
As of February 27, 2024, there were approximately 3,635 shareholders of record and another approximately 17,059 shareholders whose stock is held in “street name.”
−Removed: The tables in Item 7 also include information regarding cash dividends declared per share of common stock for the periods presented.
+Added: The tables in Item 7 under "Selected Financial Information" section also include information regarding cash dividends declared per share of common stock for the periods presented.
For each quarter in 2023, we declared a cash dividend of $0.22 per common share.
1 unchanged sentence
However, our ability to pay future cash dividends can be restricted or eliminated by regulatory authorities.
+Added: Securities authorized for issuance under equity compensation plans
+Added: Refer to “Additional Information Regarding the Registrant’s Equity Compensation Plans” in Item 12.
+Added: Issuer Purchases of Equity Securities
+Added: Pursuant to authorizations by the Board, the Company from time to time has repurchased shares of common stock in private transactions and in open-market purchases.
+Added: The Company did not repurchase any shares of the Company's common stock during either 2023 or 2022.
+Added: As of December 31, 2023, there was no share repurchase program in place.
Performance Graph
13 unchanged sentences
Total return index numerical values used in this example are for illustrative purposes only.
−Removed: Issuer Purchases of Equity Securities
−Removed: Pursuant to authorizations by the Board, the Company from time to time has repurchased shares of common stock in private transactions and in open-market purchases.
−Removed: During 2022, the Company did not repurchase any shares of the Company's common stock.
−Removed: The $40.0 million repurchase authorization in effect during 2022 expired December 31, 2022 and the Board has not adopted additional repurchase authorizations.
−Removed: Also see “Additional Information Regarding the Registrant’s Equity Compensation Plans” in Item 12.
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.