Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: There were no unregistered sales of equity securities during the three months ended September 30, 2020.
+Added: There were no unregistered sales of equity securities during the three months ended March 31, 2021.
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.
Our ABL facility contains certain covenants that, if not met, restrict the payment of cash dividends.
−Removed: INSIGHT ENTERPRISES, INC.
Issuer Purchases of Equity Securities
−Removed: July 1, 2020 through July 31, 2020
−Removed: August 1, 2020 through August 31, 2020
−Removed: September 1, 2020 through September 30, 2020
+Added: January 1, 2021 through January 31, 2021
+Added: February 1, 2021 through February 28, 2021
+Added: March 1, 2021 through March 31, 2021
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.
−Removed: As of September 30, 2020, $25 million remained available for repurchases under this share repurchase plan.
−Removed: 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.
+Added: As of March 31, 2021, $25 million remained available for repurchases under this share repurchase plan.
+Added: On May 6, 2021, we announced that our Board of Directors had authorized the repurchase of up to $125 million of common stock, including the $25 million that remained available from the February 2020 authorization.
+Added: There is no stated expiration date for this share repurchase plan.
+Added: In accordance with the share repurchase plan, share repurchases may be made on the open market, subject to Rule 10b-18 or in privately negotiated transactions, through block trades,
+Added: INSIGHT ENTERPRISES, INC.
+Added: through 10b5-1 plans or otherwise, at management’s discretion.
The amount of shares purchased and the timing of the purchases will be based on market conditions, working capital requirements, general business conditions and other factors.
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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.