2 unchanged sentences
(b) Not applicable.
−Removed: (c) On April 28, 2021, the Company announced that its Board of Directors authorized a stock repurchase program.
−Removed: Under this repurchase program, the Company could repurchase its outstanding shares in the open market in an amount up to $2.0 million, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on April 29, 2021, and expiring on October 28, 2021.
−Removed: The Company purchased $30 thousand of its shares under this program.
−Removed: On October 26, 2021, the Company’s Board of Directors adopted a new stock repurchase program.
−Removed: Under this new repurchase program, the Company may repurchase its outstanding shares in the open market in an amount up to $2.0 million, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on October 29, 2021, continuing until the earlier of the completion of the repurchase or the next six months, depending upon market conditions.
−Removed: The Company’s Board of Directors also authorized management to enter into a trading plan with a registered broker-dealer in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate repurchases of its common stock pursuant to the above-mentioned stock repurchase program.
−Removed: The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended September 30, 2021:
+Added: (c) On April 26, 2022, the Company’s Board of Directors approved an extension of its previously announced stock repurchase program, which was set to expire on April 29, 2022, until October 29, 2022.
+Added: Under this program the Company is authorized to repurchase up to $2.0 million of its outstanding shares of common stock during the period ending October 29, 2022, from time to time in the open market, based on prevailing market prices, or in privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
+Added: The timing, volume and price of purchases are made at our discretion, and are contingent upon our overall financial condition, as well as general market conditions.
+Added: The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended March 31, 2022:
Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximated Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs
−Removed: July 1, 2021 - July 31, 2021 — $ — — $ 1,970,289
−Removed: August 1, 2021 - August 31, 2021 100 $ 45.25 — 1,970,289
−Removed: September 1, 2021 - September 30, 2021 — $ — — 1,970,289
+Added: January 1, 2022 - January 31, 2022 578 $ 43.46 578 $ 1,852,183
+Added: February 1, 2022 - February 28, 2022 579 $ 41.01 579 1,828,440
+Added: March 1, 2022 - March 31, 2022 2,851 $ 39.00 2,851 1,717,261
Total 4,008 $ 39.93 4,008 $ 1,717,261
2 unchanged sentences
Shares surrendered by participants in the equity incentive plans are repurchased pursuant to the terms of the plan and applicable award agreement and not pursuant to publicly announced share repurchase programs.
−Removed: (2) The Company may repurchase shares of its common stock from time-to-time in open market transactions.
−Removed: The timing, volume and price of purchases are made at our discretion, and are contingent upon our overall financial condition, as well as general market conditions.
Item 3 Defaults Upon Senior Securities
3 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.