4 unchanged sentences
Holders of Record
−Removed: As of March 3, 2023, there were approximately 264 holders of record of our common stock.
+Added: As of February 29, 2024, there were approximately 247 holders of record of our common stock.
Dividends and Dividend Policy
12 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: Our purchases of shares of common stock made during the quarter consisted of stock repurchases made under our publically announced stock repurchase programs and are summarized in the table below:
+Added: Our purchases of shares of common stock made during the quarter under our publicly announced stock repurchase program are summarized in the table below:
(dollars in thousands, except per share data)
4 unchanged sentences
Total 59,048 $ 49.01 59,048 $ —
−Removed: (1) On February 4, 2022, we announced that our board of directors approved the renewal of the stock repurchase program that was completed in the fourth quarter of 2021 after reaching its purchase limit.
−Removed: The renewed repurchase program, the 2022 Program, authorized us to purchase up to $5.0 million of our outstanding shares of common stock from February 4, 2022 through December 31, 2022.
+Added: (1) On November 4, 2022, we announced that our board of directors approved the renewal of the 2022 stock repurchase program that expired on December 31, 2022.
+Added: The 2023 stock repurchase program authorized us to purchase up to $5.0 million of our outstanding shares of common stock from January 1, 2023 through December 31, 2023.
Repurchases were made from time to time in the open market at prevailing prices and based on market conditions.
−Removed: (2) On November 4, 2022, we announced that our board of directors approved the renewal of the 2022 Program.
−Removed: The renewed repurchase program, the 2023 Program, has similar terms to the 2022 Program and authorizes us to purchase up to $5.0 million of our outstanding shares of common stock from January 1, 2023 through December 31, 2023.
+Added: (2) On December 14, 2023, we announced that our board of directors approved the renewal of the 2023 stock repurchase program that was completed in the fourth quarter of 2023 after reaching its purchase limit.
+Added: The 2024 stock repurchase program has terms similar to the 2023 stock repurchase program and authorizes us to purchase up to $5.0 million of our outstanding shares of common stock from January 1, 2024 through December 31, 2024.
Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions.
+Added: Stock Performance Graph
+Added: The following graph shows a comparison of the cumulative total shareholder return for our common stock, the Nasdaq Composite Index, and the S&P US Small Cap Banks Index for the period beginning on May 3, 2019, which was the first day our common stock traded on the Nasdaq Global Select Market, through December 31, 2023.
+Added: The graph below represents $100 invested on May 3, 2019, in our common stock at our initial public offering price of $45.00 per share, and otherwise reflects our stock, the Nasdaq Composite Index, and the S&P US Small Cap Banks Index values as of the close of trading and assumes the reinvestment of dividends, if any.
+Added: The historical stock price information shown above represents past performance and is not necessarily indicative of future price performance.
+Added: Information was obtained from S&P Global Market Intelligence.
+Added: The information provided under the heading “Stock Performance Graph” shall not be deemed to be “soliciting material” or to be “filed” with the SEC or subject to its proxy regulations or to the liabilities of Section 18 of the Exchange Act, other than as provided in Item 201 of Regulation S-K.
+Added: The information provided in this section shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act.
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.