3 unchanged sentences
Purchases of Equity Securities (1)
−Removed: relating to our purchases of our common stock during the nine months ended September 30, 2023 is as follows:
+Added: relating to our purchases of our common stock during the three months ended March 31, 2024 is as follows:
Purchased (2)
−Removed: Part of Publicly
−Removed: Plans or Programs
−Removed: Dollar Value of
−Removed: Shares that May
−Removed: Yet Be Purchased
−Removed: Under the Share
January 1 through January 31, 2024
1 unchanged sentence
March 1 through March 31, 2024
−Removed: April 1 through April 30, 2023
−Removed: May 1 through May 31, 2023
−Removed: June 1 through June 30, 2023
−Removed: July 1 through July 31, 2023
−Removed: August 1 through August 31, 2023
−Removed: September 1 through September 30, 2023
−Removed: March 17, 2023, we commenced the Modified Dutch Auction Tender Offer to purchase up to 3,000,000 shares of our common stock from our
−Removed: stockholders, which expired on April 17, 2023.
−Removed: In accordance with the terms of the Modified Dutch Auction Tender Offer, we selected the
−Removed: lowest price per share of not less than $3.00 per share and not greater than $4.50 per share.
−Removed: to the Modified Dutch Auction Tender Offer, we repurchased 3,000,000 shares, representing 10.6% of our outstanding shares, on or about
−Removed: April 21, 2023 at a price of $4.50 per share.
−Removed: We used available cash to fund the purchase of our shares of common stock in the Modified
−Removed: Dutch Auction Tender Offer and to pay for all related fees and expenses.
−Removed: August 8, 2017, we announced the $5.0 million discretionary open-market Share Repurchase Program under which our Board of Directors
−Removed: authorized the repurchase of shares of our common stock in the open market until the earlier of (i) August 6, 2018 or (ii) the
−Removed: repurchase of $5.0 million in aggregate amount of our common stock.
−Removed: On November 7, 2017, our Board of Directors authorized an
−Removed: extension of, and an increase in the amount of shares of our common stock that may be repurchased under, the discretionary Share
−Removed: Repurchase Program until the earlier of (i) November 6, 2018 or (ii) the repurchase of $10.0 million in aggregate amount of our
−Removed: common stock.
−Removed: On May 3, 2018, our Board of Directors authorized an additional $5.0 million increase in the amount of shares of our
−Removed: common stock that may be repurchased under the discretionary Share Repurchase Program until the earlier of (i) November 6, 2018 or
−Removed: (ii) the repurchase of $15.0 million in aggregate amount of our common stock.
−Removed: On November 1, 2018, our Board of Directors authorized
−Removed: a $5.0 million increase in the amount of shares of our common stock that may be repurchased under the discretionary Share Repurchase
−Removed: Program until the earlier of (i) October 31, 2019 or (ii) the repurchase of $20.0 million in aggregate amount of our common stock.
−Removed: On August 5, 2019, our Board of Directors authorized a $5.0 million increase in the amount of shares of our common stock that may be
−Removed: repurchased under the discretionary Share Repurchase Program until the earlier of (i) August 4, 2020 or (ii) the repurchase of $25.0
−Removed: million in aggregate amount of our common stock.
−Removed: On March 9, 2020, our Board of Directors authorized a $5.0 million increase in the
−Removed: amount of shares of our common stock that may be repurchased under the discretionary Share Repurchase Program until the earlier of
−Removed: (i) March 8, 2021 or (ii) the repurchase of $30.0 million in aggregate amount of our common stock.
−Removed: On October 28, 2020, our Board of
−Removed: Directors authorized a $10.0 million increase in the amount of shares of our common stock that may be repurchased under the
−Removed: discretionary Share Repurchase Program until the earlier of (i) October 31, 2021 or (ii) the repurchase of $40.0 million in
+Added: On August 7, 2023, our Board of Directors approved
+Added: an extension of the Share Repurchase Program until the earlier of (i) October 31, 2024 or (ii) the repurchase of $60.0 million in
aggregate amount of our common stock.
−Removed: On October 27, 2021, our Board of Directors approved an extension of the Share Repurchase
−Removed: Program until the earlier of (i) October 31, 2022 or (ii) the repurchase of $40.0 million in aggregate amount of our common stock.
−Removed: On March 13, 2022, our Board of Directors authorized a $15.0 million increase in the amount of shares of our common stock that may
−Removed: be repurchased under the discretionary Share Repurchase Program until the earlier of (i) October 31, 2022 or (ii) the repurchase of
−Removed: $55.0 million in aggregate amount of our common stock.
−Removed: On October 19, 2022, our Board of Directors approved an extension of the
−Removed: Share Repurchase Program until the earlier of (i) October 31, 2023 or (ii) the repurchase of $55.0 million in aggregate amount of
−Removed: our common stock.
−Removed: On August 7, 2023, our Board of Directors approved an extension of the Share Repurchase Program under the earlier
−Removed: of (i) October 31, 2024 or (ii) the repurchase of $60.0 million in aggregate amount of our common stock.
−Removed: The timing and number of
−Removed: shares to be repurchased will depend on a number of factors, including market conditions and alternative investment opportunities.
−Removed: The Share Repurchase Program may be suspended, terminated or modified at any time for any reason and does not obligate us to acquire
−Removed: any specific number of shares of our common stock.
−Removed: During the three and nine months ended September 30, 2023, we repurchased 186,493
−Removed: shares of common stock under the Share Repurchase Program.
−Removed: As of September 30, 2023, the dollar value of shares that remained
−Removed: available to be purchased under the Share Repurchase Program was approximately $20.7 million.
−Removed: purchases of our common stock made on the open market by or on behalf of any “affiliated
−Removed: purchaser,” as defined in Exchange Act Rule 10b-18(a)(3), of the Company.
+Added: The timing and number of shares to be repurchased will depend on a number of factors, including
+Added: market conditions and alternative investment opportunities.
+Added: The Share Repurchase Program may be suspended, terminated or modified
+Added: at any time for any reason and does not obligate us to acquire any specific number of shares of our common stock.
+Added: During the three
+Added: months ended March 31, 2024, we did not repurchase shares of common stock under the Share Repurchase Program.
+Added: As of March 31, 2024,
+Added: the dollar value of shares that remained available to be purchased under the Share Repurchase Program was approximately $20.7 million.For more information on the Share Repurchase Program, see “Note 5 — Common Stock” to our Condensed
+Added: Consolidated Financial Statements as of March 31, 2024.
+Added: purchases of our common stock made on the open market by or on behalf of any “affiliated purchaser,” as defined in Exchange
+Added: Act Rule 10b-18(a)(3), of the Company.
Defaults Upon Senior Securities
1 unchanged sentence
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.