8 unchanged sentences
We are not required to pay dividends, and our shareholders will not be guaranteed, or have contractual or other rights, to receive dividends.
−Removed: Nevertheless, our board of directors may decide, in its discretion, at any time, to otherwise modify or repeal the dividend policy.
−Removed: We have not declared a dividend since November 2014.
+Added: Accordingly, our board of directors may decide, in its discretion, at any time, to otherwise modify or repeal the dividend policy.
+Added: On February 23, 2022, the board of directors declared a quarterly dividend of five cents per common share, payable on April 4, 2022 to shareholders of record as of March 18, 2022.
+Added: Prior to February 2022, we had not declared a dividend since November 2014.
Any future determination to declare and pay dividends will be made at the discretion of our board of directors, after taking into account our financial results, capital requirements and other factors it may deem relevant.
4 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: No shares were repurchased in the three months ended December 31, 2020 under the current $75 million share repurchase program approved in November 2011.
−Removed: The approximate dollar value of common shares that may yet be purchased under this program is $24.8 million.
−Removed: The repurchase program has no expiration date.
+Added: The following table sets forth information regarding Koppers Holdings’ repurchases of shares of its common stock during the three months ended December 31, 2021:
+Added: Total Number of Common Shares Purchased (1)
+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 Plans or Programs (Dollars in Millions)
+Added: October 1 – October 31
+Added: November 1 – November 30
+Added: December 1 – December 31
+Added: On August 6, 2021, we announced that the board of directors approved a $100 million share repurchase program.
+Added: The repurchase program has no expiration date and replaces our previous share repurchase program of $75 million, which was approved in November 2011 and had approximately $24.8 million remaining prior to approval of the new program.
SELECTED FINANCIAL DATA
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.