1 unchanged sentence
MARKET INFORMATION
−Removed: At March 31, 2021, our common stock traded on the NASDAQ Global Select Market under the symbol “PLUS.”
−Removed: On May 20, 2021, there were approximately 150 stockholders of record of our common stock, although there is a much larger number of beneficial owners.
+Added: On March 31, 2022, our common stock traded on the NASDAQ Global Select Market under the symbol “PLUS.”
+Added: On May 23, 2022, there were 168 stockholders of record of our common stock, although there is a much larger number of beneficial owners.
DIVIDEND POLICIES AND RESTRICTIONS
We did not pay any cash dividends on our common stock during the fiscal years ended March 31, 2022, and 2021.
−Removed: Holders of our common stock are entitled to dividends if and when declared by our Board of Directors (“Board”), out of funds legally available.
+Added: Holders of our common stock are entitled to dividends if and when declared by our Board of Directors
+Added: (“Board”), out of funds legally available.
Generally, we have retained our earnings for use in the business.
We currently intend to retain future earnings to fund ongoing operations and finance the growth and development of our business.
−Removed: Any future determination concerning the payment of dividends will depend upon our financial condition, results of operations, capital requirements and any other factors deemed relevant by our Board.
+Added: future determination concerning the payment of dividends will depend upon our financial condition, results of operations, capital requirements and any other factors deemed relevant by our Board.
PURCHASES OF OUR COMMON STOCK
The following table provides information regarding our total purchases of 283,420 shares of e Plus inc.
−Removed: common stock during the fiscal year ended March 31, 2021, including a total of 59,101 shares purchased as part of the publicly announced share repurchase plans or programs.
+Added: common stock during the fiscal year ended March 31, 2022, including a total of 227,990 shares
+Added: purchased as part of the publicly announced share repurchase plans or programs.
+Added: The numbers of shares and price per share for the prior periods presented in the table have been retroactively adjusted to reflect the stock split.
+Added: See Note 1 “Organization and Summary of Significant Accounting Policies ” and Note 11 “Stockholders’ Equity” in the consolidated financial statements included elsewhere in this
+Added: report for additional information on the stock split.
Total number of
−Removed: part of publicly
+Added: shares purchased
+Added: as part of publicly
announced plans
17 unchanged sentences
March 1, 2022 through March 31, 2022
−Removed: Any shares acquired were in open-market purchases, except for 37,640 shares, out of which 996 were repurchased in May 2020 and 36,644 in June 2020 to satisfy tax withholding obligations that arose due to the vesting of shares of restricted stock.
+Added: All shares acquired were in open-market purchases, except for 55,430 shares, out of which 1,998 were repurchased in May 2021 and 53,432 in June 2021 to satisfy tax withholding obligations that arose due
+Added: to the vesting of shares of restricted stock.
The share purchase authorization in place for the month ended April 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
1 unchanged sentence
As of May 27, 2021, the authorization under the then-existing share repurchase plan expired.
−Removed: On May 20, 2020, the board of directors authorized the company to repurchase up to 500,000 shares of our outstanding common stock commencing on May 28, 2020 and continuing to May 27, 2021.
−Removed: As of May 31, 2020, the remaining authorized shares to be purchased were 500,000.
+Added: On March 18, 2021, the board of directors authorized the company to repurchase up to 1,000,000 shares of our outstanding common stock commencing on May 28, 2021 and continuing to May 27, 2022.
+Added: As of May 31, 2021, the remaining
+Added: authorized shares to be purchased were 1,000,000.
The share purchase authorization in place for the month ended June 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
5 unchanged sentences
The share purchase authorization in place for the month ended September 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of September 30, 2020, the remaining authorized shares to be purchased were 475,682.
+Added: As of September 30, 2021, the remaining authorized shares to be purchased
+Added: were 901,944.
The share purchase authorization in place for the month ended October 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of October 31, 2020, the remaining authorized shares to be purchased were 450,227.
+Added: As of October 31, 2021, the remaining authorized shares to be purchased
+Added: were 901,944.
The share purchase authorization in place for the month ended November 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of November 30, 2020, the remaining authorized shares to be purchased were 440,899.
+Added: As of November 30, 2021, the remaining authorized shares to be purchased
+Added: were 901,944.
The share purchase authorization in place for the month ended December 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of December 31, 2020, the remaining authorized shares to be purchased were 440,899.
+Added: As of December 31, 2021, the remaining authorized shares to be purchased
+Added: were 852,001.
The share purchase authorization in place for the month ended January 31, 2022, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of January 31, 2021, the remaining authorized shares to be purchased were 440,899 .
+Added: As of January 31, 2022, the remaining authorized shares to be purchased
+Added: were 772,010.
The share purchase authorization in place for the month ended February 28, 2022, had purchase limitations on the number of shares of up to 1,000,000 shares.
−Removed: As of February 28, 2021, the remaining authorized shares to be purchased were 440,899 .
+Added: As of February 28, 2022, the remaining authorized shares to be purchased
+Added: were 772,010.
The share purchase authorization in place for the month ended March 31, 2022, had purchase limitations on the number of shares of up to 1,000,000 shares.
1 unchanged sentence
The timing and expiration date of the share repurchase authorizations are included in Note 11 , “Stockholders’ Equity” to our consolidated financial statements included elsewhere in this report.
−Removed: SELECTED FINANCIAL DATA
−Removed: Not Applicable
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.