2 unchanged sentences
The common stock of Provident Financial Holdings, Inc.
−Removed: is listed on the NASDAQ Global Select Market under the symbol “PROV.” At June 30, 2023, there were 7,043,170 shares of common stock issued and outstanding held by 402 shareholders of record, and there were approximately 1,868 persons or entities that hold stock in nominee or “street name” accounts with brokers.
+Added: is listed on the NASDAQ Global Select Market under the symbol “PROV.” At August 15, 2024, there were 400 shareholders of record, and there were approximately 1,917 persons or entities that hold stock in nominee or “street name” accounts with brokers.
The Corporation’s cash dividend payout policy is reviewed regularly by management and the Board of Directors.
The Board of Directors has declared quarterly cash dividends on the Corporation’s common stock for consecutive quarters since September 30, 2002.
−Removed: On April 27, 2023, the Corporation declared a quarterly cash dividend of $0.14 per share with a record date May 18, 2023 and the dividend was payable on June 8, 2023.
+Added: On April 25, 2024, the Corporation declared a quarterly cash dividend of $0.14 per share with a record date of May 16, 2024 and the dividend was paid on June 6, 2024.
Future declarations or payments of dividends will be subject to the consideration of the Corporation’s Board of Directors, which will take into account the Corporation’s financial condition, results of operations, tax considerations, capital requirements, industry standards, legal restrictions, economic conditions and other factors, including the regulatory restrictions which affect the payment of dividends by the Bank to the Corporation.
−Removed: Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of
−Removed: net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared.
+Added: Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared.
No assurances can be given that any dividends will be paid or that, if paid, will not be reduced or eliminated in future periods.
2 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: On April 28, 2022, the Board of Directors of the Corporation announced a stock repurchase plan which authorized 364,259 shares for repurchase over a one year period.
−Removed: On April 27, 2023, the Board of Directors of the Corporation announced an extension of its existing stock repurchase plan through April 28, 2024 or until completed, whichever occurs first.
−Removed: The timing, volume and price of purchases are made at our discretion, and are contingent upon our overall financial condition, as well as general market and other conditions.
−Removed: The stock repurchase program does not obligate the Corporation to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time.
+Added: On September 28, 2023, the Board approved a stock repurchase plan, authorizing the purchase of up to 350,353 shares of the Corporation’s outstanding common stock over a one-year period.
+Added: Simultaneously, the Board canceled the remaining 25,428 shares available for purchase under the prior repurchase plan.
+Added: The Corporation may purchase the shares from time to time in the open market or through privately negotiated transactions depending on market conditions, the capital requirements of the Corporation, and available cash that can be allocated to the stock repurchase program, among other considerations.
+Added: The September 2023 stock repurchase plan terminates on September 28, 2024, unless completed sooner or extended.
The table below sets forth information regarding the Corporation’s purchases of its common stock during the fourth quarter of fiscal 2024.
−Removed: (c) Total Number of
+Added: Total Number of
Number of Shares
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that May Yet Be
−Removed: (a) Total Number of
−Removed: (b) Average Price
+Added: Total Number of
+Added: Average Price
Part of Publicly
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June 1, 2024 – June 30, 2024
−Removed: (1) The shares repurchase in May 2023 includes 33,045 shares of distributed restricted stock in settlement of employees' withholding tax obligations.
−Removed: (2) Represents the remaining shares available for future purchases under the April 2022 stock repurchase plan.
+Added: (1) Represents the remaining shares available for future purchases under the September 2023 stock repurchase plan.
Performance Graph
8 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.