1 unchanged sentence
Federated Hermes’ Class B common stock is traded on the NYSE under the symbol FHI.
−Removed: The approximate number of beneficial shareholders of Class A and Class B common stock as of January 27, 2023, was 1 and 27,091, respectively.
+Added: The approximate number of beneficial shareholders of Class A and Class B common stock as of February 16, 2024, was 1 and 26,736, respectively.
See Item 1A - Risk Factors - Specific Risk Factors - Risk Related to Federated Hermes’ Corporate Structure - Status as a Controlled Company for additional information on its Class A common stock.
10 unchanged sentences
85,000 $ 29.60 80,000 6,317,415
−Removed: 115,735 10.75 35,000 4,922,415
+Added: November 830,000 32.22 830,000 5,487,415
987,861 32.10 955,000 4,532,415
Total 1,902,861 $ 32.04 1,865,000 4,532,415
−Removed: 1 In December 2021, the board of directors authorized a share repurchase program with no stated expiration date that allowed the repurchase of up to 7.5 million shares of Class B common stock.
−Removed: This program was fulfilled in September 2022.
−Removed: In June 2022, the board of directors authorized a share repurchase program with no stated expiration date that allows the repurchase of up to 5.0 million shares of Class B common stock.
+Added: 1 In June 2022, the board of directors authorized a share repurchase program with no stated expiration date that allowed the repurchase of up to 5.0 million shares of Class B common stock.
+Added: This program was fulfilled in December 2023.
+Added: In October 2023, the board of directors authorized a share repurchase program with no stated expiration date that allows the repurchase of up to 5.0 million shares of Class B common stock.
No other program existed as of December 31, 2023.
See Note (15) to the Consolidated Financial Statements for additional information.
−Removed: 2 In October, November and December 2022, 9,397, 80,735 and 2,000 shares, respectively, of Class B common stock with a weighted-average price of $0.00, $0.07 and $3.00 per share, respectively, were repurchased as employees forfeited restricted stock.
+Added: 2 In October and December 2023, 5,000 and 32,861 shares, respectively, of Class B common stock with a weighted-average price of $0.00 and $2.65 per share, respectively, were repurchased as employees forfeited restricted stock.
See Item 12 - Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters for information on Federated Hermes’ securities authorized for issuance under equity compensation plans.
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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.