Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: There were no unregistered sales of equity securities during the three months ended March 31, 2020.
+Added: There were no unregistered sales of equity securities during the three months ended June 30, 2020.
We have never paid a cash dividend on our common stock, and we currently do not intend to pay any cash dividends in the foreseeable future.
+Added: Our ABL facility contains certain covenants that, if not met, restrict the payment of cash dividends.
+Added: INSIGHT ENTERPRISES, INC.
Issuer Purchases of Equity Securities
−Removed: January 1, 2020 through January 31, 2020
−Removed: February 1, 2020 through February 29, 2020
−Removed: March 1, 2020 through March 31, 2020
+Added: April 1, 2020 through April 30, 2020
+Added: May 1, 2020 through May 31, 2020
+Added: June 1, 2020 through June 30, 2020
On February 14, 2018, we announced that our Board of Directors had authorized the repurchase of up to $50 million of our common stock.
There was no stated expiration date for this share repurchase plan.
−Removed: As of January 1, 2020, $32,000 remained available for repurchases under this share repurchase plan (of which none remains available as of March 31, 2020).
−Removed: INSIGHT ENTERPRISES, INC.
+Added: As of January 1, 2020, $32,000 remained available for repurchases under this share repurchase plan (none of which remain available as of June 30, 2020).
On February 26, 2020, we announced that our Board of Directors had authorized the repurchase of up to $50 million of our common stock.
There is no stated expiration date for this share repurchase plan.
+Added: As of June 30, 2020, $25 million remained available for repurchases under this share repurchase plan.
In accordance with the share repurchase plans, share repurchases may be made on the open market, subject to Rule 10b-18 or in privately negotiated transactions, through block trades, through 10b5-1 plans or otherwise, at management’s discretion.
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We intend to retire the repurchased shares.
−Removed: Repurchases during the quarter ended March 31, 2020 are reflected in the table above and were made pursuant to our share repurchase plans.
−Removed: All shares repurchased during the three months ended March 31, 2020 were retired.
Defaults Upon Senior Securities.
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.