Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Issuer Purchase of Equity Securities during the first quarter of 2021:
+Added: Issuer Purchase of Equity Securities during the second quarter of 2021:
Remaining number of Depositary
4 unchanged sentences
Under the Plan (as Amended)
−Removed: January 1-31, 2021
−Removed: February 1-28, 2021
−Removed: March 1-31, 2021
+Added: April 1-30, 2021
+Added: May 1-31, 2021
+Added: June 1-30, 2021
On August 20, 2007, NewReal, Inc., the General Partner authorized an equity repurchase program (“Repurchase Program”) under which the Partnership was permitted to purchase, over a period of twelve months, up to 300,000 Depositary Receipts (each of which is one-tenth of a Class A Unit).
3 unchanged sentences
Repurchases of Depositary Receipts or Partnership Units pursuant to the Repurchase Program may be made by the Partnership from time to time in its sole discretion in open market transactions or in privately negotiated transactions.
−Removed: From August 20, 2007 through March 31, 2021, the Partnership has repurchased 1,428,437 Depositary Receipts at an average price of $28.43 per receipt (or $852.90 per underlying Class A Unit), 3,572 Class B Units and 188 General Partnership Units, both at an average price of $1,033.00 per Unit, totaling approximately $44,718,000 including brokerage fees paid by the Partnership.
−Removed: During the three months ended March 31, 2021, the Partnership did not purchase any Depositary Receipts.
+Added: From August 20, 2007 through June 30, 2021, the Partnership has repurchased 1,428,437 Depositary Receipts at an average price of $28.43 per receipt (or $852.90 per underlying Class A Unit), 3,572 Class B Units and 188 General Partnership Units, both at an average price of $1,033.00 per Unit, totaling approximately $44,718,000 including brokerage fees paid by the Partnership.
+Added: During the six months ended June 30, 2021, the Partnership did not purchase any Depositary Receipts.
Given the economic uncertainty caused by the coronavirus issue, as of April 15, 2020, the Partnership elected to temporarily suspend the repurchase program.
3 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.