2 unchanged sentences
Market Information and Dividends
−Removed: Our common shares trade under the symbol "JBGS."
−Removed: On February 14, 2023, there were 799 holders of record of our common shares.
−Removed: This number does not reflect individuals or other entities who hold their shares in "street name."
−Removed: Dividends declared for each of the three years in the period ended December 31, 2022 totaled $0.90 per common share (regular quarterly dividends of $0.225 per common share).
−Removed: While future dividends will be declared at the discretion of our Board of Trustees and will depend upon cash generated by our operating activities, our financial condition, capital requirements, annual distribution requirements under the REIT provisions of the Code and such other factors as our Board of Trustees deems relevant, management currently expects regular quarterly dividends in 2023 will be comparable in amount with those declared in 2022.
+Added: Our common shares trade under the symbol "JBGS." On February 16, 2024, there were 832 holders of record of our common shares.
+Added: This number does not reflect individuals or other entities who hold their shares in "street name."
+Added: Dividends declared for the year ended December 31, 2023 totaled $0.675 per common share (quarterly dividends of $0.225 per common share for the first three quarters of 2023.
+Added: On February 14, 2024, our Board of Trustees declared a quarterly dividend of $0.175 per common share, payable on March 15, 2024 to shareholders of record as of March 1, 2024.
+Added: Dividends declared for the years ended December 31, 2022 and 2021 totaled $0.90 per common share (quarterly dividends of $0.225 per common share).
+Added: Future dividends will be declared at the discretion of our Board of Trustees and will depend upon cash generated by our operating activities, our financial condition, capital requirements, annual distribution requirements under the REIT provisions of the Code and such other factors as our Board of Trustees deems relevant.
To qualify for the beneficial tax treatment accorded to REITs under the Code, we are currently required to make distributions to holders of our shares in an amount equal to at least 90% of our REIT taxable income as defined in Section 857 of the Code.
7 unchanged sentences
Performance Graph
−Removed: This performance graph shall not be deemed "soliciting material"
−Removed: or to be "filed"
−Removed: with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.
+Added: This performance graph shall not be deemed "soliciting material" or to be "filed" with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.
The graph below compares the cumulative total return of our common shares, the S&P MidCap 400 Index and the FTSE Nareit Equity Office Index, from December 31, 2018 through December 31, 2023.
8 unchanged sentences
Repurchases of Equity Securities
−Removed: In March 2020, our Board of Trustees authorized the repurchase of up to $500.0 million of our outstanding common shares, which it increased to an aggregate of $1.0 billion in June 2022.
−Removed: During the year ended December 31, 2022, we repurchased and retired 14.2 million common shares for $361.0 million, a weighted average purchase price per share of $25.49.
−Removed: Since we began the share repurchase program, we have repurchased and retired 23.3 million common shares for $623.5 million, a weighted average purchase price per share of $26.74.
+Added: The following is a summary of common shares repurchased:
+Added: Total Number Of Common Shares Purchased
+Added: Average Price Paid Per Common Share
+Added: Total Number Of Common Shares Purchased As Part Of Publicly Announced Plans Or Programs
+Added: Approximate Dollar Value Of Common Shares That May Yet Be Purchased Under the Plan Or Programs
+Added: October 1, 2023 - October 31, 2023
+Added: November 1, 2023 - November 30, 2023
+Added: December 1, 2023 - December 31, 2023
+Added: Total for the three months ended December 31, 2023
+Added: Total for the year ended December 31, 2023
+Added: Program total since inception in March 2020 (1)
+Added: (1) During the first quarter of 2024, through the date of this filing, we repurchased and retired 2.7 million common shares for $45.4 million, a weighted average purchase price per share of $16.52, pursuant to a repurchase plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
+Added: Our Board of Trustees previously authorized the repurchase of up to $1.0 billion of our outstanding common shares, and in May 2023, increased the authorized repurchase amount to $1.5 billion.
Purchases under the program are made either in the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements.
4 unchanged sentences
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.