−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: May 31, 2022, the Board authorized a share repurchase program under which the Company was previously authorized to repurchase up to $10.0
−Removed: million of the Company’s outstanding shares of common stock from time to time until May 15, 2023, through a Rule 10b5-1 trading
−Removed: plan in compliance with all applicable laws and regulations, including Rule 10b-18 of the Exchange Act (the “Prior Repurchase Program”).
+Added: UNREGISTERED SALES
+Added: OF EQUITY SECURITIES AND USE OF PROCEEDS.
+Added: May 31, 2022, the Board authorized a share repurchase program under which the Company was previously authorized to repurchase
+Added: up to $10.0 million of the Company’s outstanding shares of common stock from time to time until May 15, 2023, through a
+Added: Rule 10b5-1 trading plan in compliance with all applicable laws and regulations, including Rule 10b-18 of the Exchange Act (the
+Added: “Prior Repurchase Program”).
The purchase period for the Prior Repurchase Program was July 1, 2022 through May 15,
−Removed: On May 16, 2023, the Company
−Removed: announced that the Board had authorized the Company to repurchase up to $10.0 million of the Company’s outstanding shares of common
−Removed: stock from time-to-time until May 16, 2024, through a trading plan established in compliance with Rule 10b5-1 and Rule 10b-18 of the
−Removed: Exchange Act (the “New Repurchase Program”).
−Removed: The actual timing, number and value of shares repurchased under the New Repurchase
−Removed: Program will depend on several factors, including the constraints specified in the Rule 10b5-1 trading plan, price, and general market
−Removed: There is no guarantee as to the exact number of shares that will be repurchased under the New Repurchase Program.
−Removed: may also suspend or discontinue the New Repurchase Program at any time, in its sole discretion.
−Removed: The purchase period for the New Repurchase
−Removed: Program is May 16, 2023 through May 16, 2024.
−Removed: table below summarizes information about our purchases of common stock during the three months ended June 30, 2023:
+Added: May 16, 2023, the Company announced that the Board had authorized the Company to repurchase up to $10.0 million of the Company’s
+Added: outstanding shares of common stock from time-to-time until May 16, 2024, through a trading plan established in compliance with
+Added: Rule 10b5-1 and Rule 10b-18 of the Exchange Act (the “New Repurchase Program”).
+Added: The actual timing, number and value
+Added: of shares repurchased under the New Repurchase Program will depend on several factors, including the constraints specified in
+Added: the Rule 10b5-1 trading plan, price, and general market conditions.
+Added: There is no guarantee as to the exact number of shares that
+Added: will be repurchased under the New Repurchase Program.
+Added: Our Board may also suspend or discontinue the New Repurchase Program at
+Added: any time, in its sole discretion.
+Added: The purchase period for the New Repurchase Program is May 16, 2023 through May 16,
+Added: table below summarizes information about our purchases of common stock during the three months ended September 30, 2023:
+Added: Total Number of
Shares Purchased
+Added: Total Number of
+Added: Shares Purchased
as Part of Publicly
Announced Plan
−Removed: Maximum Number
−Removed: Appropriate Dollar
−Removed: Value) of Shares That
−Removed: May Yet Be Repurchased
+Added: Maximum Approximate
+Added: Dollar Value That May
+Added: Yet Be Repurchased
Under the Plan
−Removed: April 1, 2023 - April 30, 2023
−Removed: May 1, 2023 - May 31, 2023 (1)
−Removed: June 1, 2023 - June 30, 2023
−Removed: Prior Repurchase Program expired on May 15, 2023, and the New Repurchase Program began on
−Removed: May 16, 2023.
−Removed: approximate dollar value of shares available for repurchase under the New Repurchase Program as of the end of the applicable
−Removed: of June 30, 2023, the Company has repurchased an aggregate of 113,639 shares under the Prior Repurchase Program and an aggregate of
−Removed: 251,520 shares under the New Repurchase Program at a total cost of $6.3 million, or $17.16 per share.
−Removed: As of June 30, 2023, the
−Removed: maximum dollar value of shares that may yet be purchased under the New Repurchase Program was approximately $5.8 million of shares
−Removed: of common stock.
+Added: July 1, 2023 - July 31, 2023
+Added: August 1, 2023 - August 31, 2023
+Added: September 1, 2023 - September 30, 2023
+Added: of September 30, 2023, the Company has repurchased an aggregate of 113,639 shares under the Prior Repurchase Program and an aggregate
+Added: of 311,855 shares under the New Repurchase Program at a total cost of $7.2 million, or $16.99 per share.
+Added: As of September 30, 2023,
+Added: the maximum dollar value of shares that may yet be purchased under the New Repurchase Program was approximately $4.8 million of
+Added: shares of common stock.
No shares are available for repurchase under the Prior Repurchase Program, which expired on May 15, 2023.
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.