1 unchanged sentence
Our common stock is traded on the NASDAQ Global Select Market under the symbol “STRA.” As of January 26, 2024, there were 24,406,816 shares of common stock outstanding, and approximately 125 holders of record, which includes nominees or broker dealers holding stock on behalf of beneficial owners.
−Removed: In 2021 and 2022, our Board of Directors approved the following dividend payments per common shares:
+Added: In 2022 and 2023, our Board of Directors approved the following dividend payments per common share:
First Quarter $0.60 $0.60
5 unchanged sentences
Peer Group Performance Graph
−Removed: The following performance graph compares the cumulative stockholder return on our common stock since December 31, 2017 with The NASDAQ Stock Market (U.S.) Index and a self-determined peer group consisting of 2U, Inc.
−Removed: (TWOU), Adtalem Global Education, Inc.
+Added: The following performance graph compares the cumulative stockholder return on our common stock since December 31, 2018 with The NASDAQ Stock Market (U.S.) Index and a self-determined peer group consisting of Adtalem Global Education, Inc.
(ATGE), Bright Horizons Family Solutions, Inc.
2 unchanged sentences
(LOPE), Stride Inc.
−Removed: (formerly K12, Inc.) (LRN), Laureate Education, Inc.
−Removed: (LAUR), Pearson PLC (PSO), and Perdoceo Education Corporation (PRDO).
−Removed: The peer group no longer includes Houghton Mifflin Harcourt Company, which was acquired in April 2022, and Zovio Inc., which has dissolved and delisted its securities in December 2022.
+Added: (LRN), Laureate Education, Inc.
+Added: (LAUR), Pearson PLC (PSO), Perdoceo Education Corporation (PRDO), and 2U, Inc.
At present, there is no comparative index for the education industry.
18 unchanged sentences
Our share repurchase program may be modified, suspended, or terminated at any time by us without notice.
−Removed: During the three months ended December 31, 2022, the Company paid $3.2 million to repurchase shares of common stock under its repurchase program.
+Added: During the three months ended December 31, 2023, the Company did not repurchase any shares of common stock under its repurchase program.
At December 31, 2023, the Company’s remaining authorization for common stock repurchases was $240.0 million, and is available for use through December 31, 2024.
−Removed: A summary of the Company’s share repurchases during the three months ended December 31, 2022 is set forth below:
−Removed: Total number of shares purchased (1)
−Removed: Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs ($ mil)
−Removed: Beginning Balance (at 09/30/22) $ 213.1
−Removed: October — $ — — 213.1
−Removed: November 40,315 79.36 40,315 246.8
−Removed: December — — — 246.8
−Removed: Total (at 12/31/22) 40,315 $ 79.36 40,315 $ 246.8
−Removed: _____________________________________
−Removed: (1) The Company’s repurchase program was announced on November 3, 2003 for repurchases up to an aggregate amount of $15 million in value of common stock through December 31, 2004.
−Removed: The Board of Directors amended the program on various dates increasing the amount authorized and extending the authorization date.
−Removed: On November 2, 2022, the Board of Directors increased the amount authorized to $250.0 million for use through December 31, 2023.
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.