1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: On March 13, 2020, the Company approved a stock repurchase program pursuant to which the Company may, from time to time, purchase up to $10.0 million of its outstanding
−Removed: shares of common stock (the “Program”).
−Removed: The shares may be repurchased from time to time in privately negotiated transactions or the open market, including pursuant to Rule 10b5-1 trading plans, and in accordance with applicable regulations of the
−Removed: The timing and exact amount of any repurchases will depend on various factors including, the performance of the Company’s stock price, general market and other conditions, applicable legal requirements and other factors.
−Removed: The Program may be
−Removed: terminated or amended by the Company’s board of directors at any time prior to the expiration date.
−Removed: On April 16, 2020, the Company announced a temporary suspension of the Program in light of the uncertainties presented by the COVID-19 pandemic
−Removed: and surrounding events.
−Removed: However, as announced on November 2, 2020, the Company resumed the Program.
−Removed: While the Program originally had an expiration date of April 15, 2021, the Company’s board of directors extended the expiration of the Program to
−Removed: November 5, 2021, subject to certain limitations and conditions.
−Removed: On October 29,
−Removed: 2021, the Company’s board of directors approved a new stock repurchase program, effective November 6, 2021, pursuant to which the Company may, from time to time, purchase up to $10.0 million of its outstanding shares of common stock (the “New
−Removed: Repurchase Program”).
−Removed: The shares may be repurchased from time to time in privately negotiated transactions or the open market, including pursuant to a Rule 10b5-1 trading plan adopted by the Company, and in accordance with applicable regulations
−Removed: The Company is not obligated to purchase any shares of its common stock under the New Repurchase Program, and the timing and exact amount of any repurchases will depend on various factors, including the performance of the Company’s
−Removed: stock price, general market and other conditions, applicable legal requirements and other factors.
−Removed: The New Repurchase Program has an expiration date of November 6, 2022.
−Removed: The New Repurchase Program may be terminated or amended by the Company’s
−Removed: board of directors at any time prior to the expiration date.
−Removed: The stock repurchase program currently in place will expire prior to the New Repurchase Program becoming effective.
−Removed: Any remaining shares under such expiring stock repurchase program
−Removed: will not be rolled into the New Repurchase Program.
−Removed: The following table summarizes the share repurchase activity for the three months ended September 30, 2021.
+Added: On October 29, 2021, the Company’s board of directors approved a stock repurchase program, effective November 6, 2021, pursuant to which the Company may, from time to time, purchase up to $10.0
+Added: million of its outstanding shares of common stock (the “Repurchase Program”).
+Added: The shares may be repurchased from time to time in privately negotiated transactions or the open market, including pursuant to a Rule 10b5-1 trading plan adopted by the
+Added: Company, and in accordance with applicable regulations of the SEC.
+Added: The Company is not obligated to purchase any shares of its common stock under the Repurchase Program, and the timing and exact amount of any repurchases will depend on various
+Added: factors, including the performance of the Company’s stock price, general market and other conditions, applicable legal requirements and other factors.
+Added: The Repurchase Program has an expiration date of November 6, 2022.
+Added: The Repurchase Program may
+Added: be terminated or amended by the Company’s board of directors at any time prior to the expiration date.
+Added: The following table summarizes the share repurchase activity for the three months ended March 31, 2022.
Average Price
7 unchanged sentences
Publicly-Announced Plan
−Removed: September 2021
+Added: February 2022
Defaults upon Senior Securities
3 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.