13 unchanged sentences
In addition, our ability to pay dividends is limited by covenants in our existing indebtedness and may be limited by the agreements governing any indebtedness we or our subsidiaries may incur in the future.
−Removed: Purchases of Equity Securities by the Issuer
−Removed: During the three months ended December 31, 2022, our purchases Class A common stock were as follows:
+Added: Issuer Purchases of Equity Securities
+Added: During the three months ended December 31, 2023, our purchases of Class A common stock were as follows:
Period Total number of Shares Purchased (1)
8 unchanged sentences
Total 1,991,625 $ 9.66 1,991,625
−Removed: (1) On September 7, 2022, our board of directors authorized the commencement of a share repurchase program, which authorizes us to purchase up to $100.0 million of shares of our Class A common stock from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act.
+Added: (1) On May 8, 2023, the Company announced that the Board of Directors of the Company authorized a $100.0 million increase to the Company's share repurchase program, increasing the total authorization to $200.0 million, with the total amount remaining available after the increase being exclusive of any commissions, fees or excise taxes.
+Added: Pursuant to our share repurchase program, we may repurchase shares of our Class A common stock from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act.
Open market repurchases are expected to be structured to occur within the pricing volume requirements of Rule 10b-18.
2 unchanged sentences
The program does not obligate the Company to acquire any amount of Class A common stock.
−Removed: (2) Average price paid per share includes costs associated with the repurchases.
+Added: (2) Average price paid per share excludes commissions and other costs associated with the repurchases.
Recent Sale of Unregistered Securities and Use of Proceeds
2 unchanged sentences
The following graph shows a comparison of the cumulative total return for our Class A common stock, the Standard & Poor’s (“S&P”) 500 Index and the S&P IT Consulting and Other Services Index.
−Removed: The graph assumes that $100 was invested (with reinvestment of all dividends) at the market close on June 11, 2021, the date our common stock began trading on the
−Removed: Nasdaq, in our Class A common stock, the S&P 500 Index and the S&P IT Consulting and Other Services Index.
+Added: The graph assumes that $100 was invested (with reinvestment of all dividends) at the market close on June 11, 2021, the date our common stock began trading on the Nasdaq, in our Class A common stock, the S&P 500 Index and the S&P IT Consulting and Other Services Index.
The stock price performance of the following graph is not necessarily indicative of future stock price performance.
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.