3 unchanged sentences
(c) On April 25, 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.
−Removed: 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.
−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.
−Removed: The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended June 30, 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.
+Added: On July 26, 2022 the Company announced that its Board of Directors amended its existing stock repurchase program to increase the authorized repurchase amount to $4.0 million effective immediately and to extend the program maturity to January 31, 2023.
+Added: The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including constraints specified pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission, price, general business and market conditions, and alternative investment opportunities.
+Added: The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended September 30, 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: April 1, 2022 - April 30, 2022 3,733 $ 38.48 3,733 $ 1,573,633
−Removed: May 1, 2022 - May 31, 2022 36,872 $ 36.63 36,277 245,671
−Removed: June 1, 2022 - June 30, 2022 3,196 $ 36.87 2,781 143,199
+Added: July 1, 2022 - July 31, 2022 — $ — — $ 2,140,223
+Added: August 1, 2022 - August 31, 2022 2,431 $ 37.77 — 2,140,223
+Added: September 1, 2022 - September 30, 2022 — $ — — 2,140,223
Total 2,431 $ 37.77 — $ 2,140,223
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) On July 26, 2022, the Company announced that its Board of Directors amended the aforementioned stock repurchase program to increase the authorized repurchase amount to $4.0 million effective immediately and to extend the program maturity to January 31, 2023.
−Removed: Assuming implementation as of June 30, 2022, approximately $2.1 million of common stock would have remained authorized for repurchase under the current stock repurchase program.
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.