5 unchanged sentences
Payment of cash dividends, if any, will be determined by our Board of Directors after consideration of our financial condition, operating results, current and anticipated cash needs and other relevant factors.
+Added: Recent Sales of Unregistered Securities
Stock Performance Graph
−Removed: _______________________________________________________________________________
*$100 invested on 9/30/18 in stock or index, including reinvestment of dividends.
4 unchanged sentences
All rights reserved.
−Removed: Issuer Purchases of Equity Securities
+Added: Issuer Repurchases of Equity Securities
The following table presents information about our repurchases of common stock that were made during the three months ended September 30, 2023 (in millions, except share and per share amounts):
−Removed: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as a Part of a Publicly Announced Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
+Added: Total Number of Shares Purchased
+Added: Average Price Paid Per Share
+Added: Total Number of Shares Purchased as a Part of a Publicly Announced Program
+Added: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
July 1 to July 31, 2023
1 unchanged sentence
September 1 to September 30, 2023
−Removed: Total 19,161 —
(1) Separate from the share repurchase program, our stock incentive plans allow for participants to exercise stock options by surrendering shares of common stock equivalent in value to the exercise price due.
−Removed: During the three months ended September 30, 2022, participants surrendered 19,161 shares of common stock in the exercise of stock options, respectively.
+Added: During the three months ended September 30, 2023, participants surrendered 490 shares of common stock in the exercise of stock options.
Any shares surrendered to the Company in this manner are not available for future grant.
3 unchanged sentences
The repurchase program may be discontinued or suspended at any time and will be funded using our available cash.
−Removed: On May 13, 2022, our Board of Directors authorized a new stock repurchase plan of up to $12 million of our outstanding shares of common stock through June 30, 2024 (the May 2022 Repurchase Plan).
−Removed: As of September 30, 2022, the Company had $6.6 million of remaining authorization to repurchase shares under the May 2022 Stock Repurchase Plan.
−Removed: On December 6, 2022, the Company's Board of Directors authorized the repurchase of up to an additional $8.4 million of the Company's outstanding shares of common stock through December 31, 2024.
+Added: On September 8, 2023, the Company's Board of Directors authorized a new stock repurchase plan of up to $15.2 million.
+Added: As of September 30, 2023, the Company had $17.0 million of remaining authorization to repurchase shares through December 31, 2025.
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.