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What changed 10-K
Item 5. Market for Registrant’s Common Equity
2023-03-01 compared with 2022-02-28 · 4 added, 0 removed, 17 unchanged (19% of the section changed)
16 unchanged sentences
The Company did not repurchase shares of its common stock during the year ended December 31, 2022.
+Added: In August 2022, the Inflation Reduction Act of 2022 (the “IRA”) was enacted.
+Added: Among other things, the IRA imposes a new 1% excise tax on the fair market value of stock repurchased after December 31, 2022 by publicly traded U.S.
+Added: corporations.
+Added: With certain exceptions, the value of stock repurchased is determined net of stock issued in the year, including shares issued pursuant to compensatory arrangements.
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.