2 unchanged sentences
(b) Purchases of Equity Securities By the Issuer and Affiliated Purchasers
−Removed: When restricted stock unit awards issued by Ambac vest or settle, they become taxable compensation to employees.
−Removed: Shares may be withheld to cover the employee's portion of withholding taxes.
−Removed: In the second quarter of 2025, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
−Removed: Apr-2025 May-2025 Jun-2025 Second Quarter 2025
+Added: On November 12, 2024, Ambac’s Board of Directors authorized a share repurchase program, under which Ambac was authorized to opportunistically repurchase up to $50,000 of the Company’s common shares at management’s discretion over the period ending on December 31, 2026.
+Added: Additionally, when restricted stock unit awards issued under Ambac's Long Term Incentive Plan vest or settle, they become taxable compensation to employees.
+Added: Shares withheld to cover the employee's portion of withholding taxes and are included in shares purchased.
+Added: The following table includes information about the Company's purchases of its common shares during the third quarter of 2025.
+Added: Jul-2025 Aug-2025 Sep-2025 Third Quarter 2025
Total Shares Purchased
2 unchanged sentences
Maximum Dollar Value That may Yet be Purchased Under the Plan $ 38,322
−Removed: On November 12, 2024, Ambac’s Board of Directors authorized a share repurchase program, under which Ambac may opportunistically repurchase up to $50,000 of the Company’s common shares at management’s discretion over the period ending on December 31, 2026.
−Removed: The following table shows shares repurchased by year.
+Added: The following table shows shares repurchased by year under Ambac's November 12, 2024 share repurchase program.
+Added: Ambac Financial Group, Inc.
+Added: Third Quarter 2025 Form 10-Q
($ in thousands,
6 unchanged sentences
Unused authorization amount $ 38,322
+Added: Subsequent to September 30, 2025, Ambac repurchased 3,142,554 number of shares in the open market at an average price of $8.46 under a 10B5-1 program.
+Added: As of the date of this filing $8,449 of unused capacity remains under Ambac's share repurchase program.
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.