1 unchanged sentence
Market Information
−Removed: Shares of our common stock trade under the stock trading symbol “SXC” on the NYSE.
−Removed: The graph below matches the Company's cumulative 5-Year total shareholder return on common stock with the cumulative total returns of the S&P Small Cap 600 index and the Dow Jones U.S.
+Added: Shares of our common stock trade under the stock trading symbol “SXC” on the New York Stock Exchange.
+Added: Performance Graph
+Added: The following performance graph and related information shall not be deemed "soliciting material" or be "filed" with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act or Exchange Act, except to the extent we specifically incorporate it by reference into such filing.
+Added: The graph below matches the Company's cumulative 5-Year total shareholder return on common stock with the cumulative total returns of the S&P Small Cap 600 Index, the NASDAQ U.S.
+Added: Benchmark Iron & Steel Index, and the Dow Jones U.S.
Iron & Steel Index.
1 unchanged sentence
In selecting the indices for comparison, we considered market capitalization and industry or line-of-business.
−Removed: The S&P Small Cap 600 is a broad equity market index comprised of companies of between $450 million and $2.1 billion.
+Added: The S&P Small Cap 600 Index is a broad equity market index comprised of companies of between $450 million and $2.1 billion.
The Company is a part of this index.
−Removed: The Dow Jones U.S.
−Removed: Iron & Steel index is comprised of both U.S.-based steel and metals manufacturing and coal and iron ore mining companies.
+Added: The NASDAQ U.S.
+Added: Benchmark Iron and Steel Index is comprised of U.S.-based steel and metals manufacturing and coal and iron ore mining companies.
While we do not manufacture steel, we do produce coke, an essential ingredient in the blast furnace production of steel.
−Removed: In addition, we have logistics operations.
−Removed: Accordingly, we believe the Dow Jones U.S.
−Removed: Iron & Steel index is appropriate for comparison purposes.
−Removed: As of February 18, 2022, we had a total of 98,516,420 issued shares and 83,111,938 outstanding shares of our common stock and had 8,693 holders of record of our common stock.
+Added: Accordingly, we believe the NASDAQ U.S.
+Added: Benchmark Iron & Steel Index is appropriate for comparison purposes.
+Added: The Company has elected to replace the Dow Jones U.S.
+Added: Iron and Steel Index with the NASDAQ U.S.
+Added: Benchmark Iron and Steel Index in this analysis and going forward, as the market capitalization profile is more comparable to that of the Company.
+Added: In this transition year, the stock performance graph includes both the Dow Jones U.S.
+Added: Iron and Steel Index and the NASDAQ U.S.
+Added: Benchmark Iron and Steel Index.
+Added: As of February 17, 2023, we had 8,340 holders of record of our common stock.
Our Board of Directors declared the following dividends during 2022 and through February 24, 2023:
1 unchanged sentence
February 1, 2022 February 17, 2022 $0.06 March 1, 2022
−Removed: April 28, 2021 May 19, 2021 $0.0600 June 1, 2021
−Removed: July 26, 2021 August 18, 2021 $0.0600 September 1, 2021
−Removed: November 1, 2021 November 18, 2021 $0.0600 December 1, 2021
+Added: May 2, 2022 May 18, 2022 $0.06 June 1, 2022
+Added: August 2, 2022 August 18, 2022 $0.08 September 1, 2022
+Added: October 31, 2022 November 18, 2022 $0.08 December 1, 2022
February 2, 2023 February 16, 2023 $0.08 March 1, 2023
1 unchanged sentence
Any dividend program may be canceled, suspended, terminated or modified at any time at the discretion of the Board of Directors.
−Removed: Company's Share Repurchase Program
−Removed: On October 28, 2019, the Company's Board of Directors authorized a program to repurchase outstanding shares of the Company’s common stock, $0.01 par value, from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws, for a total aggregate cost to the Company not to exceed $100.0 million.
+Added: Recent Sales of Unregistered Securities
+Added: Issuer Purchases of Equity Securities
+Added: On October 28, 2019, the Company's Board of Directors authorized a program to repurchase outstanding shares of the Company’s common stock, $0.01 par value per share, from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws, for a total aggregate cost to the Company not to exceed $100.0 million.
There have been no share repurchases since the first quarter of 2020 as the Company temporarily suspended additional repurchases, leaving $96.3 million available under the authorized repurchase program as of December 31, 2022.
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.