6 unchanged sentences
Stock Performance Graph
−Removed: The following graph depicts the total return to shareholders from January 27, 2017, the date our Common Shares became listed on the NYSE, through December 31, 2021, relative to the performance of the Standard & Poor's 500 Index and the Standard & Poor's 1500 Building Products Index.
−Removed: The graph assumes an investment of $100 in our Common Stock and each index on January 27, 2017, and the reinvestment of dividends paid since that date.
+Added: The following graph depicts the total return to shareholders from December 31, 2017 through December 31, 2022, relative to the performance of the Standard & Poor's 500 Index and the Standard & Poor's 1500 Building Products Index.
+Added: The graph assumes an investment of $100 in our Common Stock and each index on December 31, 2017, and the reinvestment of dividends paid since that date.
The stock performance shown in the graph is not necessarily indicative of future price performance.
−Removed: *$100 invested on 1/27/17 in stock or 12/31/16 in index, including reinvestment of dividends.
+Added: *$100 invested on 12/31/17 in stock or index, including reinvestment of dividends.
Fiscal year ended December 31.
9 unchanged sentences
We do not currently expect to pay any cash dividends on our Common Stock for the foreseeable future.
−Removed: Instead, we intend to retain future earnings, if any, for the future operation and expansion of our business and the repayment of debt.
+Added: Instead, we intend to retain future earnings, if any, for the future operation and expansion of our business, the repayment of debt, and potentially for share repurchases.
Any determination to pay dividends in the future will be at the discretion of our Board of Directors and will depend upon our results of operations, cash requirements, financial condition, contractual restrictions, restrictions imposed by applicable laws, and other factors that our Board of Directors may deem relevant.
2 unchanged sentences
Accordingly, our ability to pay dividends to our shareholders is dependent on the earnings and distributions of funds from our subsidiaries (which distributions may be restricted by the terms of our Corporate Credit Facilities, Senior Secured Notes, and Senior Notes).
−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: A summary of our repurchases of Common Stock during the fourth quarter of 2021 is as follows (in thousands, except share and per share amounts) :
−Removed: (a) (b) (c) (d)
−Removed: Period Total Number of Shares (or Units) Purchased Average Price Paid Per Share (or Unit) 1
−Removed: Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs Maximum Number (or Approximate Dollar Value) of Shares (or Units) That May Yet Be Purchased Under The Plans or Programs 2
−Removed: September 26, 2021 - October 23, 2021 — $— — $178,906
−Removed: October 24, 2021 - November 20, 2021 690,000 $26.79 690,000 $160,421
−Removed: November 21, 2021 - December 31, 2021 1,124,199 $25.19 1,124,199 $132,105
−Removed: 1,814,199 $25.80 1,814,199
−Removed: 1 Average price paid per share includes costs associated with the repurchases.
−Removed: 2 In July 2021, the Board of Directors increased the remaining authorization to a total of $400.0 million with no expiration date.
Item 6 - [Reserved]
1 unchanged sentence
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.