4 unchanged sentences
Prior to February 2023, we had not paid any cash dividends on our common stock.
−Removed: On February 1, 2023, the Board of Directors declared a quarterly dividend of $0.03 per share that was paid on February 22, 2023, to stockholders of record as of February 15, 2023.
+Added: In February 2023, the Company began paying a quarterly cash dividend of $0.03 per share.
The payment and rate of future cash or stock dividends, if any, or stock repurchase programs are subject to the discretion of our board of directors and will depend upon our earnings, financial condition, capital or contractual restrictions under our credit facilities and other factors.
+Added: There is no guarantee that additional dividends will be declared and paid at any time.
Issuer Purchase of Equity Securities
−Removed: Purchased (1)
Maximum Dollar Amount
5 unchanged sentences
$ 5,030,479 (1)
−Removed: (1) Withholding of 2,581 restricted shares to cover taxes on vested restricted shares during the fourth quarter of FY23.
(1) Represents the amount remaining under our share repurchase program as of January 31, 2024.
2 unchanged sentences
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, which became effective upon the completion of the prior share repurchase program.
−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 share repurchase program under which the Company may repurchase up to an additional $5 million of its outstanding common stock.
The share repurchase program has no expiration date but may be terminated by the Board of Directors at any time.
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.