6 unchanged sentences
of such shares is not known or included in the foregoing number.
−Removed: The Company declared five
−Removed: dividends totaling $0.20 per share paid to common shareholders during the year ended September 30, 2023.
−Removed: In the future, the Company intends
−Removed: to continue to pay a regular cash dividend.
+Added: The Company declared
+Added: five dividends totaling $0.26 per share paid to common shareholders during the year ended September 30, 2024.
+Added: In the future, the Company
+Added: intends to continue to pay a regular cash dividend.
In determining whether and in what amount to pay a cash dividend, the Board will continue
9 unchanged sentences
The following
−Removed: table sets forth information with respect to the Magyar Bancorp’s equity compensation plans.
+Added: table sets forth information with respect to the Company’s equity compensation plans.
Number of securities to
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(b) Not applicable.
−Removed: Share repurchases.
+Added: (c) Share repurchases.
On December 8, 2022, the
−Removed: Company announced the completion of its third stock repurchase program, under which 354,891 shares had been repurchased at an average
−Removed: price of $12.90.
−Removed: The Company announced its fourth authorization of an additional stock repurchase plan pursuant to which the Company intends
−Removed: to repurchase up to an additional 5% of its outstanding shares, or up to 337,146 shares, under which 100,830 shares had been repurchased
−Removed: at an average price of $11.80 at September 30, 2023.
−Removed: Under this stock repurchase program, 236,316 shares of the 337,146 shares authorized
−Removed: remained available for repurchase as of September 30, 2023.
−Removed: The Company’s intended use of the repurchased shares is for general
−Removed: corporate purposes.
−Removed: The Company held treasury stock shares totaling 423,641 at September 30, 2023.
−Removed: The timing of the repurchases will
−Removed: depend on certain factors, including but not limited to, market conditions and prices, the Company’s liquidity requirements and
−Removed: alternative uses of capital.
−Removed: The following table reports
−Removed: information regarding repurchases of our common stock during the quarter ended September 30, 2023.
+Added: Company announced an additional stock repurchase plan pursuant to which the Company intends to repurchase up to an additional 5% of its
+Added: outstanding shares, or up to 337,146 shares.
+Added: The Company had repurchased 296,736 shares at an average price of $11.92 per share through
+Added: September 30, 2024, leaving 40,410 shares remaining available for repurchase.
+Added: The Company’s intended use of the repurchased shares
+Added: is for general corporate purposes.
+Added: The timing of the repurchases will depend on certain factors including, but not limited to, market
+Added: conditions and prices, the Company’s liquidity requirements and alternative uses of capital.
+Added: The following table
+Added: reports information regarding repurchases of our common stock during the three months ended September 30, 2024.
Remaining Number
6 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.