4 unchanged sentences
As of February 17, 2022, we had approximately 67 stockholders of record of our common stock.
−Removed: Common Stock Split
−Removed: On November 24, 2020, the Company effected a four-for-one stock split to shareholders of record as of November 10, 2020.
−Removed: All share, restricted stock unit ("RSU"), performance restricted stock unit ("PRSU") and per share information has been retroactively adjusted to reflect the stock split within this Annual Report on Form 10-K.
−Removed: In February 2021, our Board of Directors declared a cash dividend of $0.07 per share on our common stock.
−Removed: The dividend is payable on March 12, 2021 to shareholders of record on the close of business February 25, 2021.
+Added: In February 2022, our Board of Directors declared a cash dividend of 10 cents per share on our common stock.
+Added: The dividend is payable on March 22, 2022 to shareholders of record on the close of business March 8, 2022.
However, payment of future dividends, and the timing and amount thereof, will be at the discretion of our Board of Directors and will depend on our earnings, operating and financial condition, capital requirements, legal requirements and other factors that our Board of Directors deems relevant.
3 unchanged sentences
Our Board of Directors authorized a share repurchase program in 2016 pursuant to which we were authorized to repurchase shares of our common stock.
−Removed: During 2020, the Board of Directors authorized increases to our share repurchase authorization of $194.2 million and $168.7 million during February and October 2020, respectively.
+Added: During 2021, the Board of Directors authorized increases to our share repurchase authorization of $211.4 million, $325.3 million, $431.5 million and $1,032.3 million during February, April, October and December 2021, respectively.
During the year ended December 31, 2021, we had repurchased 19.5 million shares, under the share repurchase program, for approximately $801.4 million and had approximately $1,400.7 million remaining under the program.
−Removed: In February 2021, our Board of Directors increased the share repurchase authorization to $400.0 million.
+Added: Subsequent to year-end, the Company repurchased an additional 7.7 million shares for approximately $305.0 million.
Share repurchases under this program may be made through open market transactions, negotiated purchases or otherwise, at times and in such amounts as management deems appropriate.
2 unchanged sentences
Repurchases may be made under a Rule 10b5-1 plan, which would permit shares to be repurchased when we might otherwise be precluded from doing so under federal securities laws.
−Removed: Table of Co ntents
The following table sets forth purchases of our common stock for the three months ended December 31, 2021:
10 unchanged sentences
The shares withheld were valued at the closing price of the common stock on the New York Stock Exchange on the vesting date or prior business day.
−Removed: (2) As noted above, on November 24, 2020, the Company effected a four-for-one stock split, which accordingly reduced the Company's price per share subsequent to that date.
+Added: (2) On October 28, 2021 and December 13, 2021, the Board of Directors increased the authorization under the Company's share repurchase program by $431.5 million and $1,032.3 million, respectively.
Equity Compensation Plan Information
20 unchanged sentences
(PII) Wolverine World Wide, Inc.
−Removed: Table of Co ntents
12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021
4 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.