6 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: The following table summarizes information with respect to the purchase of our common stock during the three months ended December 31, 2020.
+Added: The following table summarizes information with respect to the repurchase of our common stock during the three months ended December 31, 2021.
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)
5 unchanged sentences
(1) On February 28, 2020, our Board of Directors authorized the repurchase of up to $500.0 million of our common stock.
−Removed: We currently do not have any specific timetable or price targets for repurchasing shares, and may suspend or terminate the program at any time.
−Removed: Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market prevailing conditions and other factors.
−Removed: Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market prevailing conditions and other factors.
+Added: Our repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time.
+Added: Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market prevailing conditions and other factors, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Stock Performance Graph
−Removed: The following table and graph present the cumulative total stockholder return for Ingevity's common stock compared with the Standard & Poor's (S&P) MidCap 400 Index and the Dow Jones (DJ) U.S.
−Removed: Specialty Chemicals Index since Ingevity's stock began "regular-way" trading on the NYSE on May 16, 2016.
−Removed: The graph assumes the investment of $100 in each of Ingevity's common stock, the S&P MidCap 400 Index, and DJ U.S.
−Removed: Specialty Chemicals Index on May 16, 2016, and that all dividends, if any, were reinvested.
−Removed: May 16, 2016 2016 2017 2018 2019 2020
+Added: The following table and graph present the cumulative total stockholder return for Ingevity's common stock compared with the Standard & Poor's (S&P) MidCap 400 Index, the Standard & Poor's (S&P) Chemicals 600 Index and the Dow Jones (DJ) U.S.
+Added: Specialty Chemicals Index for the five-year period ended December 31, 2021.
+Added: The graph assumes the investment of $100 in each of Ingevity's common stock, the S&P MidCap 400 Index, S&P Chemicals 600 Index, and DJ U.S.
+Added: Specialty Chemicals Index, respectively, as of market close on December 31, 2016, and that all dividends, if any, were reinvested.
+Added: 2016 2017 2018 2019 2020 2021
Ingevity Corporation $ 100.00 $ 128.45 $ 152.55 $ 159.28 $ 138.04 $ 130.70
S&P MidCap 400 Index $ 100.00 $ 116.23 $ 103.33 $ 130.37 $ 148.16 $ 184.81
+Added: S&P Chemicals 600 Index $ 100.00 $ 112.69 $ 95.71 $ 111.11 $ 131.78 $ 165.20
Dow Jones U.S.
2 unchanged sentences
The stock price performance included in the graph above is not necessarily indicative of future stock performance.
−Removed: SELECTED FINANCIAL DATA
−Removed: Our consolidated balance sheets as of December 31, 2020, 2019, 2018, 2017, and 2016, respectively, and our consolidated statements of operations, comprehensive income (loss), and cash flows for the years ended December 31, 2020, 2019, 2018, and 2017, respectively, consist of the consolidated balances of Ingevity as prepared on a stand-alone basis.
−Removed: Our consolidated statements of operations, comprehensive income (loss), and cash flows for the year ended December 31, 2016 have been prepared on a “carve out” basis for the periods and dates prior to the Separation.
−Removed: The selected consolidated financial data should be read in conjunction with our consolidated financial statements included within Part II.
−Removed: Item 8 of this Form 10-K.
−Removed: Years Ended December 31,
−Removed: In millions, except per share and share data 2020 2019 2018 2017 2016
−Removed: Statements of Operations Data:
−Removed: Net sales $ 1,216.1 $ 1,292.9 $ 1,133.6 $ 972.4 $ 908.3
−Removed: Gross profit 465.5 482.0 416.8 329.0 274.4
−Removed: Income (loss) before income taxes 235.1 227.9 221.8 174.8 87.0
−Removed: Net income (loss) attributable to Ingevity stockholders 181.4 183.7 169.1 126.5 35.2
−Removed: Per Share Data attributable to Ingevity stockholders (1)
−Removed: Basic earnings (loss) per share $ 4.39 $ 4.39 $ 4.02 $ 3.00 $ 0.83
−Removed: Diluted earnings (loss) per share $ 4.37 $ 4.35 $ 3.97 $ 2.97 $ 0.83
−Removed: Balance Sheet Data (at period end):
−Removed: Working capital (2)
−Removed: $ 405.3 $ 247.7 $ 239.4 $ 215.5 $ 158.3
−Removed: Property, plant, and equipment, net 703.6 664.7 523.8 438.5 422.8
−Removed: Total assets 2,334.5 2,141.7 1,315.2 929.6 832.8
−Removed: Long-term debt including finance lease obligations 1,267.4 1,228.4 741.2 444.0 481.3
−Removed: Total equity 642.1 530.8 338.7 277.9 134.6
−Removed: Capital expenditures $ 82.1 $ 114.8 $ 93.9 $ 52.6 $ 56.7
−Removed: Depreciation and amortization expense 100.2 85.0 57.0 40.4 38.8
−Removed: Weighted average common stock outstanding (in thousands) (1) :
−Removed: Basic shares 41,330 41,801 42,037 42,130 42,108
−Removed: Diluted shares 41,547 42,200 42,601 42,529 42,271
−Removed: _______________
−Removed: (1) Basic and diluted earnings (loss) per share for the year ended December 31, 2016 is calculated using the weighted average number of common shares outstanding for the period beginning after May 15, 2016, the date of Separation.
−Removed: (2) Defined as current assets less current liabilities.
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.