UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: Dividend Program
+Added: In May 2021, the Company announced it will pay a second-quarter dividend of $0.03 per share of common stock.
+Added: The Company expects to pay a total cash dividend of $0.12 per share over the four quarters ending March 2022.
+Added: On August 5, 2021, the Board of Directors approved the third-quarter dividend of $0.03 per share.
+Added: The dividends are accounted for as a decrease to Stockholders’ Equity.
+Added: All future dividends will be subject to Board approval.
Issuer Purchases of Equity Securities
−Removed: The Company has approximately $11.4 million in the aggregate available under its share repurchase program as of March 31, 2021.
+Added: On August 5, 2021, the Company’s Board of Directors approved a new share repurchase authorization of an additional $25.0 million.
+Added: The new share repurchase program will take effect upon completion of the Company’s current program, which had approximately $3.2 million in the aggregate available under its share repurchase program as of June 30, 2021.
The shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, pursuant to a Rule 10b5-1 repurchase plan or by other means in accordance with federal securities laws.
−Removed: The timing and the amount of any repurchases will be determined by the Company’s management based on its evaluation of market conditions, capital allocation alternatives, and other factors.
+Added: The timing, the amount, and the method of any repurchases will be determined by the Company’s management based on its evaluation of market conditions, capital allocation alternatives, and other factors.
There is no guarantee as to the number of shares that will be repurchased, and the repurchase program may be extended, suspended or discontinued at any time without notice at the Company’s discretion.
−Removed: The following table details the repurchases that were made during the three months ended March 31, 2021.
+Added: The following table details the repurchases that were made during the three months ended June 30, 2021.
Total Numbers of
9 unchanged sentences
(In thousands)
−Removed: January 1 - January 31
−Removed: February 1 - February 28
−Removed: March 1 - March 31
+Added: April 1 - April 30
+Added: May 1 - May 31
+Added: June 1 - June 30
The following exhibits are filed as part of this report:
8 unchanged sentences
Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 .
−Removed: The following materials from ISG’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 formatted in Inline XBRL (Extensible Business Reporting Language):
+Added: The following materials from ISG’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 formatted in Inline XBRL (Extensible Business Reporting Language):
(i) Consolidated Balance Sheet, (ii) Consolidated Statement of Income and Comprehensive Income, (iii) Consolidated Statement of Cash Flows and (iv) the Notes to Consolidated Financial Statements.
3 unchanged sentences
INFORMATION SERVICES GROUP, INC.
+Added: August 9, 2021
/s/ Michael P.
1 unchanged sentence
Board and Chief Executive Officer
−Removed: Berger, Executive Vice
+Added: August 9, 2021
+Added: /s/ Humberto P.
+Added: Alfonso, Executive Vice
President and Chief Financial Officer
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.