3 unchanged sentences
Prior to the Spectrum Merger, SBH was a holding company, doing business as HRG, conducting its operations principally through its majority owned subsidiaries, and trading on the NYSE under the symbol “HRG”.
−Removed: See Note 4 – Acquisitions in Notes to the Consolidated Financial Statements, included elsewhere in this Annual Report, for more information on the Spectrum Merger.
As of November 18, 2022, there were approximately 1,193 holders of record based upon data provided by the transfer agent for the SBH’s common stock.
6 unchanged sentences
• Spectrum Brands Holdings, Inc.
−Removed: 2011 Omnibus Equity Awards Plan as approved and amended by the Spectrum Legacy stockholders, (the "Spectrum Equity Plan").
+Added: 2011 Omnibus Equity Awards Plan as approved and amended by the Spectrum Legacy stockholders.
• Spectrum Brands Holdings, Inc.
−Removed: 2020 Omnibus Equity Plan, as approved by the Spectrum stockholders (the "2020 Equity Plan").
+Added: 2020 Omnibus Equity Plan, as approved by the Spectrum stockholders.
The following is a summary of the authorized and available shares per the respective plans:
19 unchanged sentences
As of July 4, 2022 2,239,367 $ 95.72 2,239,367 $ 785,647,294
−Removed: July 5, 2021 to August 1, 2021 — — — 989,839,967
+Added: July 5, 2022 to July 31, 2022 — — — 785,647,294
August 1, 2022 to August 28, 2022 — — — 785,647,294
1 unchanged sentence
As of September 30, 2022 2,239,367 $ 95.72 2,239,367 $ 785,647,294
−Removed: During the fourth quarter ended September 30, 2021, SBH entered into a $150 million rule 10b5-1 repurchase to facilitate daily market share repurchases through September 16, 2022, until the cap is reached or until the plan is terminated, of which $16.0 million was executed in the fourth quarter and included in the common stock repurchase program summarized above.
−Removed: During the year ended September 30, 2021, the Company also repurchased $45.5 million of common stock in private purchases with employees and significant shareholders at the fair value, consisting of 0.7 million of common stock repurchases at an average share price of $66.63 per share, which are not included in the common stock repurchase program summarized above.
The repurchase of additional shares in the future will depend upon many factors, including the Company’s financial condition, liquidity and legal requirements, and may use funds received from its divestitures to support the common stock repurchase program.
Recent Sales of Unregistered Securities
+Added: Table of Conten t s
Stock Performance Graph
The following graph compares the cumulative total stockholder return on our Common Stock to the cumulative total return of the Russell 1000 Financial Index and Spectrum Peer Group selected in good faith, which is composed of the following companies ( alphabetical order ):
−Removed: Allegion PLC, Central Garden and Pet Company, Church & Dwight Co., Inc., Edgewell Personal Care Company, Energizer Holdings, Inc., Fortune Brands Home & Security, Inc., Hamilton Beach Brands Holding Company (from 10/2/2017), Helen of Troy Limited, Newell Brands, Inc., Nu Skin Enterprises, Inc., Stanley Black & Decker, Inc., The Clorox Company, and The Scotts Miracle-Gro Company.
+Added: Allegion PLC, Central Garden and Pet Company, Church & Dwight Co., Inc., Edgewell Personal Care Company, Energizer Holdings, Inc., Fortune Brands Home & Security, Inc., Hamilton Beach Brands Holding Company, Helen of Troy Limited, Newell Brands, Inc., Nu Skin Enterprises, Inc., Stanley Black & Decker, Inc., The Clorox Company, and The Scotts Miracle-Gro Company.
The comparison below assumes that $100 was invested in the common stock of SBH from September 30, 2017 until September 30, 2022.
2 unchanged sentences
The stockholder return shown on the graph below is not necessarily indicative of future performance and will not make or endorse any predictions as to future stockholder returns.
+Added: Table of Conten t s
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.