3 unchanged sentences
As of November 14, 2024, we had approximately 712 holders of record of our common stock.
−Removed: The following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total returns of the S&P 500 index and a new peer group index consisting of Flex Ltd., Jabil Inc., Celestica Inc., Benchmark Electronics, Inc., and Plexus Corp.
−Removed: In previous years, we compared our cumulative total returns to the NASDAQ Electronic Components index.
−Removed: This year, we have elected to replace such index with the new peer group index, as the NASDAQ Electronic Components index was discontinued in December 2022 and is no longer available for comparison this year, and because the companies included in the new peer group are in the same industry as we are.
+Added: The following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total returns of the S&P 500 index and a peer group index consisting of Flex Ltd., Jabil Inc., Celestica Inc., Benchmark Electronics, Inc., and Plexus Corp.
An investment of $100 (with reinvestment of all dividends, if any) is assumed to have been made in our common stock on September 28, 2019 and in each of such indices at month end starting on September 28, 2019 and its relative performance is tracked through September 28, 2024.
9 unchanged sentences
We have never declared or paid cash dividends on our common stock.
−Removed: We currently expect to retain future earnings for use in our operations, for expansion of our business, share repurchases and debt repayment and do not anticipate paying cash dividends in the foreseeable future.
+Added: We currently expect to retain future earnings for use in our operations, expansion of our business, share repurchases and debt repayments and do not anticipate paying cash dividends in the foreseeable future.
Additionally, our ability to pay dividends is limited pursuant to covenants contained in our credit agreements.
−Removed: See also “Item 7-Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”
+Added: See also “Item 7.
+Added: Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”
Stock Repurchases
−Removed: During the third quarter of 2023, our Board of Directors authorized us to repurchase up to $200 million of our common stock in the open market or in negotiated private transactions.
−Removed: This program has no expiration date.
−Removed: The table below sets forth information regarding repurchases of our common stock during the fourth quarter of 2023.
+Added: The table below presents information regarding repurchases of our common stock during the fourth quarter of 2024.
Period (1) Total Number of Shares Purchased Average Price Paid Per Share
−Removed: (2) Total Number of Shares Purchased as Part of Publicly Announced Programs Maximum Dollar Value of Shares That May Yet Be Purchased Under The Programs
−Removed: July 2, 2023 - July 29, 2023 — $ — — $ 312,321,196
+Added: (2) Total Number of Shares Purchased as Part of Publicly Announced Programs
+Added: (3) Maximum Dollar Value of Shares That May Yet Be Purchased Under The Programs
+Added: June 30, 2024 - July 27, 2024 — $ — — $ 117,824,163
July 28, 2024 - August 24, 2024 564,460 $ 69.05 564,460 $ 78,846,811
4 unchanged sentences
The total average price paid per share is a weighted average based on the total number of shares repurchased during the period and does not include the effect of the excise tax under the provision of the Inflation Reduction Act.
+Added: (3) During the third quarter of fiscal 2022 and third quarter of fiscal 2023, our Board of Directors authorized us to repurchase up to $200 million and $200 million of our common stock, respectively, in the open market or in negotiated private transactions.
+Added: These programs have no expiration date.
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.