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Stock Information
−Removed: Our common stock is listed on The Nasdaq Global Market under the symbol “FORM.” As of February 16, 2024, there were 115 registered holders of record of our common stock, which does not include beneficial owners of stock held in street name (i.e., through a brokerage firm, bank, broker-dealer, trust or other similar organization).
+Added: Our common stock is listed on The Nasdaq Global Select Market under the symbol “FORM.” As of February 14, 2025, there were 105 registered holders of record of our common stock, which does not include beneficial owners of stock held in street name (i.e., through a brokerage firm, bank, broker-dealer, trust or other similar organization).
No cash dividends have been declared on shares of our common stock, and the Company currently does not intend to pay dividends in the future.
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In October 2023, our Board of Directors authorized a program to repurchase up to $75.0 million of outstanding common stock to offset potential dilution from issuances of our common stock under our employee stock purchase plan and equity incentive plan.
−Removed: This authorization was in addition to the program authorized in May 2022 to repurchase up to $75.0 million of outstanding common stock that was fully utilized as of December 30, 2023.
−Removed: Under the current stock repurchase program, we may repurchase shares from time to time on the open market.
+Added: Under the stock repurchase program, we may repurchase shares from time to time on the open market.
The pace of repurchase activity will depend on levels of cash generation, the Company's current stock price, and other factors.
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Period (fiscal months) Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Amount that May Yet Be Purchased Under the Plans or Programs
−Removed: October 1, 2023 - October 28, 2023 — $ — — $ 93,634,446
+Added: September 29, 2024 - October 26, 2024 — $ — — $ 36,623,543
October 27, 2024 - November 23, 2024 419,952 38.50 419,952 20,455,378
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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.