3 unchanged sentences
Our practice has been to pay dividends on a quarterly basis.
−Removed: The declaration of dividends is subject to the discretion of the Board of Directors and will depend on various factors, including our net income, financial condition, cash requirements, future prospects and other relevant factors.
+Added: The declaration of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, financial condition, cash requirements, future prospects and other relevant factors.
On February 9, 2023, our Board declared a dividend of $0.70 per share, which is payable on May 15, 2023 to shareowners of record on May 1, 2023.
5 unchanged sentences
The timing, actual number and value of the shares that are repurchased, if any, will depend on a number of factors, including the price of the Company’s stock and the Company's generation of, and uses for, cash.
−Removed: Following the Company’s acquisition of eOne, the Company suspended its share repurchase program while it prioritizes deleveraging.
−Removed: There were no share repurchases made in 2020 or 2021, however a share repurchase program continues to be an important long-term component of Hasbro’s planned capital allocation strategy and Hasbro has $367 million available under its authorized share repurchase programs.
−Removed: We anticipate resuming share repurchase when it is not expected to materially impact the timeline to reach our deleverage targets.
−Removed: The Company believes this could be in the second half of 2023 or sooner, depending on business performance and other factors.
+Added: Following the Company’s acquisition of eOne, the Company temporarily suspended its share repurchase program to prioritize deleveraging.
+Added: During 2022, given the Company’s progress toward reducing debt, the Company resumed its share repurchase activity and repurchased approximately 1.4 million shares of Hasbro Common Stock in the open market during the second and third quarters at a total cost of $125.0 million and at an average price of $87.46 per share.
+Added: There were no repurchases of the Company’s Common Stock in the first and fourth quarters of 2022.
+Added: At December 25, 2022, Hasbro had $241.6 million remaining available under these share repurchase authorizations.
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.