2 unchanged sentences
In May 2023, the Company announced it will pay a quarterly dividend of $0.045 per share of common stock.
−Removed: The Company expects to pay a total cash dividend of $0.18 per share for the four quarters ending March 31, 2024.
−Removed: On May 8, 2023, the Board approved the second-quarter dividend of $0.045 per share, payable June 30, 2023, to shareholders of record as of June 7, 2023.
+Added: The Company expects to pay a total cash dividend of $0.18 per share for the four quarters ending June 30, 2024.
+Added: On August 1, 2023, the Board approved a third-quarter dividend of $0.045 per share, payable September 28, 2023, to shareholders of record as of September 6, 2023.
The dividends are accounted for as a decrease to Stockholders’ Equity.
1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The Company had approximately $6.5 million in the aggregate available under its share repurchase program as of March 31, 2023.
+Added: On August 1, 2023, the Board 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 $3.6 million in the aggregate available under its share repurchase program as of June 30, 2023.
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.
1 unchanged sentence
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, 2023.
+Added: The following table details the repurchases that were made during the three months ended June 30, 2023.
Total Numbers of
5 unchanged sentences
Purchased Under
−Removed: Announced Plan
+Added: Announced Plans
(In thousands)
1 unchanged sentence
(In thousands)
−Removed: January 1 - January 31
−Removed: February 1 - February 28
−Removed: March 1 - March 31
−Removed: The following exhibits are filed as part of this report:
−Removed: Third Amended and Restated Credit Agreement (previously filed as Exhibit 10.1 to the Registrant’s Form 8-K filed with the SEC on February 23, 2023 (Commission File Number:
−Removed: 001-33287), and incorporated herein by reference).
−Removed: Certification of Chief Executive Officer Pursuant to SEC Rule 13a−14(a)/15d−14(a).
−Removed: Certification of Chief Financial Officer Pursuant to SEC Rule 13a−14(a)/15d−14(a).
−Removed: Certification Pursuant to 18 U.S.C.
−Removed: Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification Pursuant to 18 U.S.C.
−Removed: 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, 2023 formatted in Inline XBRL (Extensible Business Reporting Language):
−Removed: (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.
−Removed: Filed herewith
−Removed: In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
−Removed: INFORMATION SERVICES GROUP, INC.
−Removed: /s/ Michael P.
−Removed: Connors, Chairman of the
−Removed: Board and Chief Executive Officer
−Removed: /s/ Humberto P.
−Removed: Alfonso, Executive Vice
−Removed: President and Chief Financial Officer
+Added: April 1 - April 30
+Added: May 1 - May 31
+Added: June 1 - June 30
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.