4 unchanged sentences
Dividends are declared and paid on the common stock at the discretion of our Board of Directors (the “Board”) and depend on our profitability, financial condition, capital needs, future prospects, and other factors deemed relevant by our
−Removed: Our revolving credit facility permits dividends and distributions by us provided specific conditions are met.
+Added: Our Credit Agreement permits dividends and distributions by us provided specific conditions are met.
For information related to our revolving credit facility, see Note 11, “Credit Facilities and Long-Term Debt,” of the Notes to
1 unchanged sentence
There have been no unregistered offerings of our common stock during the fourth quarter of 2022.
−Removed: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: For information related to our stock repurchases, see Note 12, “Stockholders’ Equity,” of the Notes to Consolidated Financial Statements in Item 8 of this Report.
−Removed: The following table provides information relating to the Company’s purchases of its common stock for the fourth quarter of 2021:
−Removed: Total Number of
−Removed: Shares Purchased
−Removed: Total Number of
−Removed: Shares Purchased
−Removed: as Part of Publicly
−Removed: Announced Plans
−Removed: or Programs (2)
−Removed: Maximum Number (or
−Removed: Approximate Dollar
−Removed: Value) of Shares that
−Removed: may yet be Purchased
−Removed: Under the Plans or
−Removed: October 1-31, 2021
−Removed: November 1-30, 2021
−Removed: December 1-31, 2021
−Removed: All shares were purchased through the publicly announced stock repurchase programs in open-market transactions.
−Removed: In October 2021, our Board of Directors authorized the purchase of up to $30 million of our common stock under a stock repurchase program.
−Removed: Stock will be purchased from time to time, in the open market, or through private transactions,
−Removed: as market conditions warrant.
−Removed: Under this program, during the fourth quarter of 2021, we repurchased 7,000 shares of our common stock at a total cost of $0.3 million.
−Removed: During the year ended December 31, 2021, additional stock repurchases
−Removed: of 615,265 shares were made at a total cost of $26.5 million under prior Board of Directors authorizations, which are now fully completed.
−Removed: As of December 31, 2021, there was approximately $29.7 million available for future stock purchases under the October 2021 program.
−Removed: During the period from January 1, 2022 through February 17, 2022, we have
−Removed: repurchased an additional 64,482 shares of our common stock at a total cost of $3.1 million, thereby reducing the availability under the program to $26.6 million.
Stock Performance Graph
8 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.