7 unchanged sentences
following were the high and low market closing stock prices for the Class A Common Stock by quarter as reported by NASDAQ since January
+Added: Price Range (1)
Period (Calendar Year)
8 unchanged sentences
First Quarter (through March 27, 2025)
−Removed: Stock prices have been adjusted retroactively for the effect of annual stock dividends.
+Added: Stock prices have been adjusted retroactively for the effect
+Added: of annual stock dividends.
Class C Common Stock is not registered or traded on a national exchange.
5 unchanged sentences
Any future determination as to cash dividends will depend upon the earnings and financial
−Removed: position of the Company and such other factors as the Board of Directors may deem appropriate.
+Added: position of the Company and such other factors as its Board of Directors may deem appropriate.
The Company paid a 5% stock dividend on
1 unchanged sentence
for the years 2021 through 2024.
−Removed: December 27, 2022, the Company executed a 10b5-1 agreement with a broker to repurchase shares of the Company’s Class A Common Stock.
−Removed: Under the terms of the agreement, the broker is permitted to repurchase up to 1,000,000 shares of the Company’s Class A Common
+Added: April 15, 2024, the Company executed a 10b5-1 agreement with a broker to repurchase shares of the Company’s Class A Common Stock.
+Added: Under the terms of the agreement, the broker is permitted to repurchase up to $1,000,000 of the Company’s Class A Common Stock.
+Added: Purchases commenced May 15, 2024.
The agreement is subject to the daily time, price and volume conditions of Rule 10b-18.
−Removed: The agreement expired December 31, 2023.
+Added: The agreement
+Added: expired on December 31, 2024.
following table shows the Company’s repurchase activity of its common stock during the three-month period ended December 31, 2024,
under the 10b5-1 agreement.
−Removed: Total Number of Class A Shares Purchased
−Removed: Average Price Paid per Class A Share (1)
−Removed: Total Number of Class A Shares Purchased as Part of Publicly Announced Plan or Program
−Removed: Maximum Number of Class A Shares that May Yet Be Purchased Under the Plan or Program (2)
+Added: (a) Total Number of Class A Shares Purchased
+Added: (b) Average Price Paid per Class A Share (1)
+Added: (c) Total Number of Class A Shares Purchased as Part of Publicly Announced Plan or Program
+Added: (d) Maximum Number of Class A Shares that May Yet Be Purchased Under the Plan or Program (2)
10/1/2024-10/31/2024
1 unchanged sentence
12/1/2024-12/31/2024
−Removed: fees and commissions paid on stock repurchases.
−Removed: September 2018, the Board of Directors of the Company approved a Stock Repurchase Plan that
−Removed: authorized the repurchase of 300,000 shares of the Company’s Class A Common Stock in
−Removed: the open market.
+Added: Includes fees and commissions paid on stock repurchases.
+Added: In September 2018, the Board of Directors of the Company approved
+Added: a Stock Repurchase Plan that authorized the repurchase of 300,000 shares of the Company’s Class A Common Stock in the open market.
The Company amended the Stock Repurchase Plan on December 4, 2020.
−Removed: The amendment
−Removed: authorized the repurchase of a total of 1,000,000 shares of the Company’s Class A Common
−Removed: Stock in the open market.
−Removed: Any repurchased shares of Class A common stock are to be held as
−Removed: treasury shares to be used as the Company’s employer matching contribution to the Employee
−Removed: 401(k) Retirement Savings Plan and for shares held in the Deferred Compensation Plan.
+Added: The amendment authorized the repurchase of a total of 1,000,000 shares
+Added: of the Company’s Class A Common Stock in the open market.
+Added: Any repurchased shares of Class A Common Stock are to be held as treasury
+Added: shares to be used as the Company’s employer matching contribution to the Employee 401(k) Retirement Savings Plan and for shares
+Added: held in the Deferred Compensation Plan.
graph below compares the cumulative total stockholder return of the Company’s Class A Common Stock with the cumulative total return
12 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.