What changed 10-K

Item 5. Market for Registrant’s Common Equity

2022-09-09 compared with 2021-09-10 · 4 added, 2 removed, 10 unchanged (38% of the section changed)

6 unchanged sentences

The Company’s indicated annual rate for payment of a cash dividend at the end of fiscal 2022 was $0.20 per share.

SELECTED FINANCIAL DATA

Not applicable.

On April 28, 2022, the Company announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $15 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended.

The Company’s decision to repurchase its shares, as well as the timing of such repurchases, will depend on a variety of factors, including the ongoing assessment of the Company’s capital needs, the market price of the Company’s common stock, general market conditions and other corporate considerations, as determined by management.

The repurchase program may be suspended or discontinued at any time.

The Company did not repurchase any shares in the fiscal year ended June 30, 2022.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

2 unchanged sentences

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.