−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
(c) Issuer Purchases of Equity Securities
−Removed: In May 2021, the Company’s Board of Directors authorized the repurchase of up to $80.0 million of the Company’s outstanding shares through May 31, 2023.
+Added: In May 2023, the Company’s Board of Directors authorized the repurchase of up to $ 100.0 million of the Company’s outstanding shares through May 31, 2025, replacing the previously authorized plan to repurchase up to $80.0 million of the Company’s outstanding shares through May 31, 2023.
Repurchases may be made from time to time through open market, privately-negotiated, structured or derivative transactions (including accelerated share repurchase transactions), or other methods of acquiring shares.
1 unchanged sentence
The Company may, from time to time, enter into Rule 10b5-1 plans to facilitate the repurchase of its shares under this authorization.
−Removed: The Company did not repurchase any shares for the three months ended March 31, 2023.
−Removed: The remaining amount authorized to be repurchased under the program as of March 31, 2023 was approximately $80.0 million.
−Removed: For certain restricted common shares that vested during the three months ended March 31, 2023, we withheld shares with value equivalent to the employees’ minimum statutory obligation for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities.
−Removed: The total number of shares withheld upon vesting was 300,639 for the three months ended March 31, 2023.
+Added: The Company did not repurchase any shares for the three months ended June 30, 2023.
+Added: The remaining amount authorized to be repurchased under the program as of June 30, 2023 was approximately $ 100.0 million.
+Added: For certain restricted common shares that vested during the three months ended June 30, 2023, we withheld shares with value equivalent to the employees’ minimum statutory obligation for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities.
+Added: The total number of shares withheld upon vesting was 61,632 for the three months ended June 30, 2023.
The total number of shares withheld was based on the value of the restricted common shares on the vesting date as determined by our closing share price on the day prior to the vesting date.
−Removed: Exhibit Number Exhibit Descriptions
−Removed: 31.1* Principal Executive Officer Certification Pursuant to Rules 13a-14(a)/15d-14(a) under the Securities Exchange Act of 1934, as amended, for Tanger Factory Outlet Centers, Inc.
−Removed: 31.2* Principal Financial Officer Certification Pursuant to Rules 13a-14(a)/15d-14(a) under the Securities Exchange Act of 1934, as amended, for Tanger Factory Outlet Centers, Inc.
−Removed: 31.3* Principal Executive Officer Certification Pursuant to Rules 13a-14(a)/15d-14(a) under the Securities Exchange Act of 1934, as amended, for Tanger Properties Limited Partnership.
−Removed: 31.4* Principal Financial Officer Certification Pursuant to Rules 13a-14(a)/15d-14(a) under the Securities Exchange Act of 1934, as amended, for Tanger Properties Limited Partnership.
−Removed: 32.1** Principal Executive Officer Certification Pursuant to 18 U.S.C.
−Removed: Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes - Oxley Act of 2002 for Tanger Factory Outlet Centers, Inc.
−Removed: 32.2** Principal Financial Officer Certification Pursuant to 18 U.S.C.
−Removed: Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes - Oxley Act of 2002 for Tanger Factory Outlet Centers, Inc.
−Removed: 32.3** Principal Executive Officer Certification Pursuant to 18 U.S.C.
−Removed: Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes - Oxley Act of 2002 for Tanger Properties Limited Partnership.
−Removed: 32.4** Principal Financial Officer Certification Pursuant to 18 U.S.C.
−Removed: Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes - Oxley Act of 2002 for Tanger Properties Limited Partnership.
−Removed: 101.INS* Inline XBRL Instance Document - the Instance Document does not appear in the interactive data file because its XBRL tags are embedded within the Inline XBRL document.
−Removed: 101.SCH* Inline XBRL Taxonomy Extension Schema Document
−Removed: 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document
−Removed: 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document
−Removed: 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document
−Removed: 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document
−Removed: 104* Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: * Filed herewith.
−Removed: ** Furnished herewith.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: April 28, 2023
−Removed: TANGER FACTORY OUTLET CENTERS, INC.
−Removed: /s/ Michael J.
−Removed: Executive Vice President, Chief Financial Officer and Chief Investment Officer (Principal Financial Officer)
−Removed: TANGER PROPERTIES LIMITED PARTNERSHIP
−Removed: TANGER FACTORY OUTLET CENTERS, INC., its sole general partner
−Removed: /s/ Michael J.
−Removed: Executive Vice President, Chief Financial Officer and Chief Investment Officer (Principal Financial Officer)
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.