2 unchanged sentences
On February 17, 2021, the Company’s Board of Directors approved a stock repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock.
−Removed: On July 6, 2021, the Board of Directors authorized an increase in the Company’s then current stock repurchase program under which the Company may repurchase up to an additional $5 million of its outstanding common stock (the “Existing Share Repurchase Program”).
+Added: On July 6, 2021, the Board of Directors authorized an increase in the Company’s then-current stock repurchase program under which the Company may repurchase up to an additional $5 million of its outstanding common stock (the “Prior Share Repurchase Program”).
On April 7, 2022, the Board of Directors authorized a new stock repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock (the “New Share Repurchase Program”).
−Removed: The New Share Repurchase Program became effective upon the completion of the Existing Share Repurchase Program.
+Added: The New Share Repurchase Program became effective upon the completion of the Prior Share Repurchase Program.
The New Share Repurchase Program has no expiration date but may be terminated by the Board of Directors at any time.
−Removed: On December 1, 2022, the Board of Directors authorized an increase in the Company’s stock repurchase program under which the Company may repurchase up to an additional $5 million of its outstanding common stock.
+Added: On December 1, 2022, the Board of Directors authorized an increase in the New Share Repurchase Program under which the Company may repurchase up to an additional $5 million of its outstanding common stock.
The common shares available for repurchase under the authorizations currently in effect may be purchased from time to time, with consideration given to the market price of the common shares, the nature of other investment opportunities, cash flows from operations, general economic conditions and other relevant considerations.
Repurchases may be made on the open market or through privately negotiated transactions.
−Removed: The following table sets forth purchases made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) of the Exchange Act, of shares of the Company’s common stock during the third quarter of 2023:
+Added: The following table sets forth purchases made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) of the Exchange Act, of shares of the Company’s common stock during the first quarter of fiscal 2024:
+Added: Purchased (1)
Maximum Dollar Amount
1 unchanged sentence
Purchased Under
−Removed: August 1 – August 31
−Removed: September 1 – September 30
−Removed: October 1 – October 31
−Removed: $ 363,998 (1)
−Removed: (1) Represents the amount remaining under the New Share Repurchase Program as of October 31, 2022.
+Added: the Programs (2)
+Added: February 1 – February 28
+Added: March 1 – March 31
+Added: April 1 – April 30
+Added: Includes withholding of 26,577 restricted shares to cover taxes on vested restricted shares during the first quarter of FY24.
+Added: Represents the amount remaining under our share repurchase program as of April 30, 2023.
* Filed herewith
3 unchanged sentences
(incorporated by reference to Exhibit 3.1 of Lakeland Industries, Inc.’s Form 8-K filed April 28, 2017)
+Added: General Release and Severance Agreement, by and between Lakeland Industries, Inc.
+Added: Debt Purchase Facility Agreement, dated as of April 6, 2021, between HSBC Invoice Finance (UK) Limited and Lakeland Industries Europe Limited
+Added: Amendment to Agreement for Purchase of Debts, dated effectively as of March 3, 2022, between HSBC Invoice Finance (UK) Limited and Lakeland Industries Europe Limited
Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or 15(d)-14(a) under the Securities Exchange Act of 1934
4 unchanged sentences
Section 1350 pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: The following financial statements from the Quarterly Report on Form 10-Q for the quarter ended October 31, 2022, formatted in Inline XBRL:
+Added: The following financial statements from the Quarterly Report on Form 10-Q for the quarter ended April 30, 2023, formatted in Inline XBRL:
(i) Condensed Consolidated Statements of Operations, (ii) Condensed Consolidated Statements of Comprehensive Income (Loss), (iii) Condensed Consolidated Balance Sheets, (iv) Condensed Consolidated Statements of Changes in Stockholders’ Equity, (v) Condensed Consolidated Statements of Cash Flows, and (vi) Notes to the Condensed Consolidated Financial Statements, tagged as blocks of text and including detailed tags.
2 unchanged sentences
LAKELAND INDUSTRIES, INC.
−Removed: December 8, 2022
/s/ Charles D.
1 unchanged sentence
(Principal Executive Officer and Authorized Signatory)
−Removed: December 8, 2022
−Removed: Chief Operating and Financial Officer
+Added: Chief Financial Officer
(Principal Financial Officer and Authorized Signatory)
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.