4 unchanged sentences
Shares may be withheld to cover the employee's portion of withholding taxes.
−Removed: In the third quarter of 2024, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
−Removed: Jul-2024 Aug-2024 Sep-2024 Third Quarter 2024
+Added: In the first quarter of 2025, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
+Added: Jan-2025 Feb-2025 Mar-2025 First Quarter 2025
Total Shares Purchased (1)
+Added: — — 173,424 173,424
Average Price Paid Per Share $ — $ — $ 9.26 $ 9.26
3 unchanged sentences
This program expired on March 31, 2024.
+Added: On November 12, 2024, Ambac’s Board of Directors authorized a share repurchase program, under which Ambac may opportunistically repurchase up to $50,000 of the Company’s common shares at management’s discretion over the period ending on December 31, 2026.
The following table shows shares repurchased by year.
−Removed: ($ in millions, except per share) 2023 2022 Total
+Added: ($ in thousands,
+Added: except per share)
+Added: Year Ended December 31,
+Added: 2022 2023 2024
Shares repurchased 1,605,316 325,068 937,141 264,791
1 unchanged sentence
Average purchase price per share $ 8.86 $ 13.88 $ 12.48 $ 11.79
+Added: Unused authorization amount $ 35,179
Defaults Upon Senior Securities — No matters require disclosure.
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.