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Market Information - Our common stock is and has been traded on the Nasdaq Global Market under the symbol “SPSC” since April 22, 2010, the date of our initial public offering.
−Removed: Stockholders of Record - As o f February 13, 2024, we had 69 s t ockholders of record of our common stock, excluding holders whose stock is held either in nominee name and/or street name brokerage accounts.
+Added: Stockholders of Record - As o f February 11, 2025, we had 71 stockholders of record of our common stock, excluding holders whose stock is held either in nominee name and/or street name brokerage accounts.
Dividends - We have not declared or paid cash dividends on our common stock.
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The return assumes that $100 was invested in shares of our common stock and the other indexes at the close of market on December 31, 2019, and that dividends, if any, were reinvested.
−Removed: In our Annual Report on Form 10-K for the year ended December 31, 2022, we compared our return to the Nasdaq US Benchmark TR Index.
−Removed: In 2023 and going forward, we will use the Russell 1000 Index as we believe it is now more reflective of the market we serve and is a more appropriate index to compare our stock performance.
The comparison in this graph is based on historical data and is not intended to forecast or be indicative of future performance of our common stock.
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Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: On July 26, 2022 (announced July 27, 2022), our board of directors authorized a program to repurchase up to $50.0 million of our common stock.
+Added: On July 23, 2024 (announced July 25, 2024), our board of directors authorized a program to repurchase up to $100.0 million of our common stock, excluding costs to obtain.
Under the program, purchases may be made from time to time in the open market or in privately negotiated purchases, or both.
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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.