6 unchanged sentences
The repurchase authorization under the 2019 Program was substantially exhausted during January 2022.
−Removed: On January 27, 2022, we announced a new stock repurchase program (the “2022 Program”) under which we may repurchase up to $175.0 million of our Class A Common Stock currently issued and outstanding.
+Added: On January 27, 2022, we announced a new stock repurchase program (“2022 Program”) under which we may repurchase up to $175.0 million of our Class A Common Stock currently issued and outstanding.
The 2022 Program replaced the 2019 Program.
+Added: Because the 2022 Program was set to terminate on January 31, 2024, the Company’s Board of Directors authorized a new stock repurchase program in January 2024 (“2024 Program”) under which the Company may repurchase up to $175.0 million of its Class A common stock currently issued and outstanding.
+Added: The 2024 Program has replaced the 2022 Program.
The timing, pricing, and amount of any repurchases under the 2024 Program will be determined by management at its discretion based on a variety of factors, including, but not limited to, trading volume and market price of our common stock, corporate considerations, the Company working capital and investment requirements, general market and economic conditions, and legal requirements.
3 unchanged sentences
The Company made no purchases of its common stock during the three months ended December 31, 2023.
−Removed: Under the 2022 Program, the Company has approximately $79.9 million of remaining funds that may be used to repurchase shares of the Company’s Class A Common Stock.
+Added: As of December 31, 2023, the Company had approximately $39.9 million of remaining funds that could have been used to repurchase shares of the Company’s Class A Common Stock under the 2022 Program.
+Added: The 2024 Program has since replaced the 2022 Program.
+Added: Information concerning our repurchases of Class A Common Stock during the quarter ended December 31, 2023 is as follows:
+Added: Period Total Number of Shares Purchased (1)
+Added: Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
+Added: October 1, 2023 - October 31, 2023 — $ — — $ 39,922,000
+Added: November 1, 2023 - November 30, 2023 — — — $ 39,922,000
+Added: December 1, 2023 - December 31, 2023 — — — $ 39,922,000
+Added: Total — $ — —
+Added: _________________________
+Added: (1) No shares of restricted stock were purchased in connection with employee tax withholding obligations under employee compensation plans, which are not purchases under any publicly announced plan.
Performance Graph
−Removed: The performance graph below compares the cumulative total shareholder return on the Company’s Common Stock with the cumulative total return of the Russell 2000 Index and the KBW Regional Banking Index.
+Added: The performance graph below compares the cumulative total shareholder return on the Company’s Common Stock with the cumulative total return of the Russell 2000 Index and the KBW Nasdaq Regional Banking Index.
The graph assumes an investment of $100 on December 31, 2018 and reinvestment of dividends on the date of payment without commissions.
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.