13 unchanged sentences
Dividend Policy
−Removed: We have never declared or paid cash dividends on our common stock.
−Removed: We currently intend to retain all available funds and any future earnings for use in the operation of our business and do not anticipate paying any dividends in the foreseeable future.
+Added: We have never declared or paid cash dividends on our Class A common stock.
+Added: We do not anticipate paying any dividends on our Class A common stock in the foreseeable future.
Any future determination to declare dividends will be made at the discretion of our Board of Directors, subject to applicable laws and will depend on our financial condition, operating results, capital requirements, general business conditions and other factors that our Board of Directors may deem relevant.
1 unchanged sentence
Purchases of Equity Securities by the Issuer
−Removed: Share Repurchase Program
−Removed: The following table provides information with respect to the shares of our Class A common stock we repurchased during the fiscal year ended July 31, 2022:
−Removed: Part of Publicly
−Removed: of Shares that
−Removed: September 1, 2021 - September 30, 2021
−Removed: (1) In September 2021, we used approximately $58.5 million of the net cash proceeds from the issuance of $97.7 million in aggregate principal amount of our 0.25% convertible senior notes due 2027 to repurchase shares of Class A common stock in open market transactions.
+Added: There were no purchase of equity securities by the issuer during the fiscal year ended July 31, 2023.
+Added: Following the end of fiscal 2023, our Board of Directors authorized the repurchase of up to $350.0 million of our Class A common stock.
+Added: For more information on the share repurchase program, refer to Note 15 of Notes to Consolidated Financial Statements included in Part II, Item 8, of this Annual Report on Form 10-K.
Stock Performance Graph
11 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.