8 unchanged sentences
Our ability to declare and pay future dividends on Leidos stock may be restricted by the provisions of Delaware law and covenants in our then-existing indebtedness arrangements.
+Added: Leidos Holdings, Inc.
+Added: Annual Report - 34
Stock Performance Graph
−Removed: The following graph compares the total cumulative five-year return on Leidos common stock through January 1, 2021 to two indices:
+Added: The following graph compares the total cumulative five-year return on Leidos common stock through December 31, 2021 to two indices:
(i) the Standard & Poor's 500 Composite index and (ii) the Standard & Poor's 500 IT Services Industry index.
1 unchanged sentence
The comparisons in the graph are required by the SEC, based upon historical data and are not intended to forecast or be indicative of possible future performance of Leidos common stock.
−Removed: Leidos Holdings, Inc.
−Removed: Annual Report - 38
+Added: Comparison of Cumulative Total Return
+Added: Company/Market/Peer Group 12/30/2016 12/29/2017 12/28/2018 1/3/2020 1/1/2021 12/31/2021
+Added: $ 100.00 $ 129.10 $ 106.88 $ 206.36 $ 221.19 $ 189.82
+Added: S&P 500 Composite Index $ 100.00 $ 121.83 $ 115.49 $ 153.40 $ 181.35 $ 233.41
+Added: S&P 500 IT Services Index $ 100.00 $ 131.22 $ 136.07 $ 193.86 $ 236.72 $ 248.27
Purchases of Equity Securities
−Removed: On February 16, 2018, our Board of Directors authorized a new share repurchase program of up to 20 million shares of Leidos outstanding common stock.
+Added: We have a share repurchase program of up to 20 million shares of Leidos outstanding common stock.
The shares may be repurchased from time to time in one or more open market repurchases or privately negotiated transactions, including accelerated share repurchase transactions.
1 unchanged sentence
There is no assurance as to the number of shares that will be repurchased, and the repurchase program may be suspended or discontinued at any time at our Board of Directors' discretion.
−Removed: The following table presents repurchases of Leidos common stock during the quarter ended January 1, 2021:
−Removed: of Shares Purchased (1)
−Removed: Average Price
−Removed: Paid per Share Total Number of
−Removed: Shares Purchased as
−Removed: Part of Publicly
−Removed: Plans or Programs
−Removed: Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: October 3, 2020 - October 31, 2020 — $ — — 7,696,108
−Removed: November 1, 2020 - November 30, 2020 — — — 7,696,108
−Removed: December 1, 2020 - December 31, 2020 638,626 105.36 638,200 7,057,908
−Removed: January 1, 2021 — — — 7,057,908
−Removed: Total 638,626 $ 105.36 638,200
−Removed: (1) The total number of shares purchased includes shares surrendered to satisfy statutory tax withholdings obligations related to vesting of restricted stock units.
+Added: As of December 31, 2021, the maximum number of shares that may yet be repurchased under the program was 4,554,346.
+Added: For the three months ended December 31, 2021, there were no repurchases of our common stock.
Selected Financial Data
Refer to "Management's Discussion and Analysis of Financial Condition and Results of Operations" for discussion of selected financial data included within this Annual Report on Form 10-K.
+Added: Leidos Holdings, Inc.
+Added: Annual Report - 35
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.