12 unchanged sentences
On March 1, 2024, the last reported sale price for our common stock on The Nasdaq Stock Market was $4.32 per share.
−Removed: As of December 31, 2022, there were 637 holders of record of ISG common stock.
+Added: As of March 1, 2024, there were 647 holders of record of ISG common stock.
The actual number of stockholders is significantly greater than this number of record holders and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and other nominees.
1 unchanged sentence
Dividends to Shareholders
−Removed: In May 2022, the ISG Board of Directors approved quarterly dividends of $0.04 per share of ISG common stock.
−Removed: The Company expects to pay a total cash dividend of $0.16 per share for the four quarters ending March 2023.
+Added: In May 2023, the Board of Directors approved quarterly dividends of $0.045 per share of ISG common stock.
+Added: The Company expects to pay a total cash dividend of $0.18 per share for the four quarters ending June 2024.
These dividends are funded through cash flow from operations, available cash on hand and/or borrowings under our revolving credit facility.
−Removed: We anticipate to continue paying regular quarterly dividends on our common stock for the foreseeable future, the declaration, timing and amounts of any such dividends remain subject to the discretion of our Board of Directors.
+Added: We anticipate we will continue to pay regular quarterly dividends on our common stock for the foreseeable future, the declaration, timing and amounts of any such dividends remain subject to the discretion of our Board of Directors.
During the fiscal quarter and fiscal year ended December 31, 2023, we paid dividends and dividend equivalents of $2.2 million and $8.7 million, respectively.
Issuer Purchases of Equity Securities
+Added: On August 1, 2023, the 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 $0.9 million remaining as of January 1, 2024.
The Company had approximately $25.9 million in aggregate available under its share repurchase program as of December 31, 2023.
3 unchanged sentences
The following table details the repurchases that were made during the three months ended December 31, 2023.
−Removed: Total Number of
+Added: Total Numbers of
Approximate Dollar
7 unchanged sentences
Announced Plans or Programs
−Removed: the Plan or Programs
+Added: the Plans or Programs
(In thousands)
1 unchanged sentence
(In thousands) (1)
−Removed: Oct 1 - Oct 31
−Removed: Nov 1 - Nov 30
−Removed: Dec 1 - Dec 31
−Removed: On August 5, 2021, ISG Board of Directors approved a stock repurchase plan authorizing the Company to repurchase an aggregate of $25 million in shares of the Common Stock.
−Removed: Securities Authorized for Issuance under Equity Compensation Plan
−Removed: The following table lists information regarding outstanding options and shares reserved for future issuance under our Amended and Restated 2007 Equity and Incentive Award Plan (the “Incentive Plan”) and our Amended and Restated Employee Stock Purchase Plan (the “ESPP”) as of December 31, 2022.
−Removed: We have not issued any shares of our common stock to employees as compensation under a plan that has not been approved by our stockholders.
−Removed: Number of Securities
−Removed: Number of Securities
−Removed: Remaining Available
−Removed: Exercise Price
−Removed: for Future Issuance
−Removed: of Outstanding
−Removed: under Equity Compensation
−Removed: Plans (Excluding
−Removed: Options, Warrants
−Removed: Shares Reflected in
−Removed: Plan Category
−Removed: and Rights(1)
−Removed: Column (2)(3))
−Removed: Approved by Stockholders
−Removed: Not Approved by Stockholders
−Removed: Of the 3,820,728 shares listed in this column, none are stock options issued under the Incentive Plan, 3,820,728 are restricted stock units issued under the Incentive Plan, and none are options issued during the current offering period under the ESPP.
−Removed: The weighted-average exercise price includes outstanding options and RSUs, treating RSUs as stock awards with an exercise price of zero.
−Removed: Includes 847,124 shares available for future issuance under the ESPP.
−Removed: Also includes 3,085,373 shares that were available for grant under the Incentive Plan as options and SARs and also for restricted stock, RSUs or other awards that could provide to the grantee an opportunity to earn the full value of an underlying share (in other words, such earning opportunity is not limited to the appreciation in value of our stock following the grant of the award).
+Added: October 1 - October 31
+Added: November 1 - November 30
+Added: December 1 - December 31
+Added: (1) On August 5, 2023, the Board of Directors approved a stock repurchase plan authorizing the Company to repurchase an aggregate of $25 million in shares of the common stock.
+Added: On August 1, 2023, the Board of Directors approved a new stock repurchase plan authorizing the Company to repurchase an aggregate of an additional $25 million in shares of the Company’s common stock.
+Added: STOCK PERFORMANCE GRAPH
+Added: The following graph compares the 5 year cumulative total shareholder return on our common stock from December 31, 2018 through December 31, 2023, with the cumulative total return for the same period of (i) the Russell 2000 index and (ii) the Peer Group described below.
+Added: The comparison assumes for the same period the investment of $100 on December 31, 2018 in our common stock and in each of the indices and in each case, assumes reinvestment of all dividends.
+Added: *$100 invested on December 31, 2018 in stock or index, including reinvestment of dividends
+Added: Measurement Periods
+Added: Russell 2000 Index
+Added: Peer Group(a)
+Added: December 31, 2019
+Added: December 31, 2020
+Added: December 31, 2021
+Added: December 31, 2022
+Added: December 31, 2023
+Added: The Peer Group consists of the following companies:
+Added: American Software, Inc., Edigo, Inc., Forrester Research, Inc., Lesaka Technologies Inc., Repay Holding Corp., The Hackett Group, Tucows, Inc.
+Added: The Peer Group is weighted by market capitalization.
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.