−Removed: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
Our common stock, par value $0.01, is listed on The Nasdaq Global Market under the symbol “MYRG.”
1 unchanged sentence
As of February 17, 2023, we had 6 holders of record of our common stock.
+Added: This number does not include shareholders whose shares are held in the names of banks, security brokers, dealers, and registered clearing agencies.
Dividend Policy
2 unchanged sentences
Purchases of Common Stock
−Removed: We did not purchase any shares of common stock in October, November or December of 2021.
+Added: The following table includes all of the Company’s repurchases of common stock for the periods shown.
+Added: Repurchased shares are retired and returned to authorized but unissued common stock.
+Added: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1)
+Added: October 1, 2022 - October 31, 2022 44,015 $ 82.12 44,015 $ 38,018,311
+Added: November 1, 2022 - November 30, 2022 — $ — — $ 75,000,000
+Added: December 1, 2022 - December 31, 2022 — $ — — $ 75,000,000
+Added: Total 44,015 $ 82.12 44,015
+Added: (1) On November 2, 2022, the Company announced that its Board of Directors had authorized a new $75.0 million share repurchase program (the "Repurchase Program"), which became effective on November 8, 2022.
+Added: The Repurchase Program will expire on May 8, 2023, or when the authorized funds are exhausted, whichever is earlier.
+Added: As of December 31, 2022, the Company had $75.0 million of remaining availability to repurchase shares of the Company’s common stock under the Repurchase Program.
+Added: The Company’s prior $75.0 million repurchase program that was announced on May 4, 2022 and commenced on May 5, 2022 expired on November 7, 2022.
Performance Graph
The following Performance Graph and related information shall be deemed “furnished” and not “filed” for purposes of Section 18 of the Exchange Act, and such information shall not be incorporated by reference into any future filing under the Securities Act or the Exchange Act except to the extent that we specifically incorporate it by reference into such filing .
−Removed: The following graph compares, for the period from December 31, 2016 to December 31, 2021, the cumulative total stockholder return on our common stock with the cumulative total return on the Standard & Poor’s 500 Index (the “S&P 500 Index”), the Russell 2000 Index, and a peer group index selected by our management that includes eleven publicly traded companies within our industry (the “Peer Group”).
+Added: The following graph compares, for the period from December 31, 2017 to December 31, 2022, the cumulative total shareholder return on our common stock with the cumulative total return on the Standard & Poor’s 500 Index (the “S&P 500 Index”), the Russell 2000 Index, and a peer group index selected by our management that includes eleven publicly traded companies within our industry (the “Peer Group”).
The comparison assumes that $100 was invested on December 31, 2017 and further assumes any dividends were reinvested quarterly.
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When taken as a whole, the Peer Group more closely resembles our total business than any individual company in the group while reducing the impact of a significant change in any one of the Peer Group company’s stock price.
−Removed: For 2021, we removed Aegion Corporation from our Peer Group because they are no longer publicly traded.
The Peer Group is composed of the following companies:
28 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.