Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Share Repurchase Program
−Removed: In May 2000, the Company’s Board of Directors (Board) approved a stock repurchase program with no stated expiration date.
−Removed: Since that time and through March 31, 2021, the Board has authorized $650.0 million to be expended for the repurchase of the Company's stock under this program.
−Removed: All repurchased shares become authorized but unissued shares of the Company.
−Removed: The timing and amounts of any repurchases depend on many factors, including the market price of the common stock and overall market conditions.
−Removed: During the three and nine months ended March 31, 2021, the Company did not repurchase any shares.
−Removed: As of March 31, 2021, a total accumulated 30.0 million shares have been repurchased for $595.4 million.
−Removed: At March 31, 2021, $54.6 million remains outstanding under the approved stock repurchase program.
−Removed: The following table shows the stock repurchase activity by the Company or any “affiliated purchaser” of the Company, as defined in Rule 10b-18(a)(3) under the Exchange Act, by month for the three months ended March 31, 2021:
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased As Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs (in thousands)
+Added: Share Issuance Program
+Added: On February 3, 2021, the Company filed a $150.0 million shelf registration statement and $50.0 million prospectus supplement with the SEC under which it may offer and sell, from time to time, up to $50.0 million worth of its Class A common stock in "at-the-market" offerings.
+Added: During the three months ended September 30, 2021, the Company issued 8.1 million shares for proceeds of $33.2 million offset by fees of $1.0 million.
+Added: The following table shows the stock issuance activity for the three months ended September 30, 2021:
+Added: Period Total Number of Shares Issued Average Price per Share Total Number of Shares Issued As Part of Publicly Announced Plans Gross Proceeds Received in Q1
7/1/21 - 7/31/21 — $ — — $ —
2 unchanged sentences
Total 8,072,304 $ 4.12 8,072,304 $ 33,237,397
−Removed: President and Chief Executive Officer of Regis Corporation:
−Removed: Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Executive Vice President and Chief Financial Officer of Regis Corporation:
−Removed: Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Chief Executive Officer and Chief Financial Officer of Regis Corporation:
−Removed: Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Exhibit 101 The following financial information from Regis Corporation's Quarterly Report on Form 10-Q for the quarterly and year-to-date periods ended March 31, 2021, formatted in Inline Xtensible Business Reporting Language (iXBRL) and filed electronically herewith:
−Removed: (i) the Condensed Consolidated Balance Sheets;
−Removed: (ii) the Condensed Consolidated Statements of Earnings;
−Removed: (iii) the Condensed Consolidated Statements of Comprehensive Income;
−Removed: (iv) the Condensed Consolidated Statements of Cash Flows;
−Removed: and (v) the Notes to the Consolidated Financial Statements.
−Removed: Exhibit 104 The cover page from Regis Corporation's Quarterly Report on Form 10-Q for the quarterly and year-to-date periods ended March 31, 2021, formatted in iXBRL (included as Exhibit 101).
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: May 6, 2021 By:
−Removed: /s/ Kersten D.
−Removed: Executive Vice President and Chief Financial Officer
−Removed: (Principal Accounting Officer)
+Added: On September 29, 2021, the Company sold 1.2 million shares for net proceeds of $5.0 million, which settled on October 1, 2021.
+Added: The settlement occurred in the second quarter, so it is excluded from the table above.
+Added: Including the shares settled in the second quarter, $11.6 million remains under the prospectus supplement, which equates to 3.3 million shares based on the share price as of September 30, 2021.
+Added: Share Repurchase Program
+Added: In May 2000, the Board approved a stock repurchase program with no stated expiration date.
+Added: Since that time and through September 30, 2021, the Board has authorized $650.0 million to be expended for the repurchase of the Company's stock under this program.
+Added: All repurchased shares become authorized but unissued shares of the Company.
+Added: The Company last purchased shares in fiscal year 2020.
+Added: As of September 30, 2021, a total accumulated 30.0 million shares have been repurchased for $595.4 million.
+Added: At September 30, 2021, $54.6 million remains outstanding under the approved stock repurchase program.
+Added: The Company does not expect to repurchase shares in fiscal year 2022.
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.