19 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: Our purchases of shares of common stock made during the quarter under our publicly announced stock repurchase program are summarized in the table below:
+Added: Our purchases of shares of common stock made during the quarter are summarized in the table below:
(dollars in thousands, except per share data)
3 unchanged sentences
November 1 - November 30, 2025 — $ — — $ 4,337
−Removed: 50,632 $ 50.04 632 $ 1,103
December 1 - December 31, 2025 — $ — — $ 4,337
Total — $ — — $ 4,337
−Removed: (1) Average price paid per share includes the commission expense paid on the share repurchases, but excludes the excise tax recorded on the share repurchases.
−Removed: (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: (1) Average price paid per share includes the commission expense, if any, paid on the share repurchases, but excludes the excise tax recorded on the share repurchases.
+Added: (2) On December 19, 2024, we announced that our board of directors approved the renewal of the 2024 stock repurchase program.
The 2025 stock repurchase program authorized us to purchase up to $5.0 million of our outstanding shares of common stock from January 1, 2025 through December 31, 2025.
Repurchases were made from time to time in the open market at prevailing prices and based on market conditions, and in privately negotiated transactions.
−Removed: (3) On November 5, 2024, we entered into a privately negotiated stock repurchase agreement for the purchase of 50,000 shares of our common stock for a total purchase price of approximately $2.5 million.
−Removed: The repurchase was supplemental to the 2024 stock repurchase program and did not impact the amount of permitted repurchases thereunder.
−Removed: (4) On December 19, 2024, we announced that our board of directors approved the renewal of the 2024 stock repurchase program.
−Removed: The renewed stock repurchase program has similar terms to the 2024 stock repurchase program and authorizes us to purchase up to $5.0 million of our outstanding shares of common stock from January 1, 2025 through December 31, 2025.
+Added: (3) On December 18, 2025, we announced that our board of directors approved the renewal and increase of the 2025 stock repurchase program.
+Added: The renewed and increased 2026 stock repurchase program has similar terms to the 2025 stock repurchase program and authorizes us to purchase up to $10.0 million of our outstanding shares of common stock from January 1, 2026 through December 31, 2026.
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.
(4) The approximate dollar value of shares that may yet be purchased under the program is reduced by the amount of the commission expense and the excise tax recorded on the share repurchases.
−Removed: The excise tax includes the tax on the shares repurchased during 2023 and 2024 that reduced the availability under the 2024 stock repurchase program.
Stock Performance Graph
6 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.