7 unchanged sentences
Because many of our shares of Class A common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
−Removed: As of December 31, 2023, there were seven stockholders of record of our Class B common stock.
+Added: As of December 31, 2024, there were three stockholders of record of our Class B common stock.
Dividend Policy
12 unchanged sentences
November 1, 2024 through November 30, 2024
−Removed: 695,971 10.83 695,971 57,974
December 1, 2024 through December 31, 2024 — — — —
Total 184,200 $ 11.83 184,200
−Removed: (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: (1) On December 6, 2024, the Company announced a one-year extension of its share repurchase authorization, extending the previously authorized $200.0 million authorization through December 31, 2025.
+Added: The share repurchase program was initially announced in September 2022 for up to $100.0 million of shares of our Class A common stock and capacity was increased to a total authorization of $200.0 million of shares of our Class A common stock (exclusive of any commissions, fees or excise taxes) in May 2023.
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.
1 unchanged sentence
The timing and total amount of stock repurchases will depend upon, business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, restrictions under the terms of our loan agreements and other relevant considerations.
−Removed: The repurchase program terminates on December 31, 2024, and may be modified, suspended or discontinued at any time at our discretion.
−Removed: The program does not obligate the Company to acquire any amount of Class A common stock.
+Added: The repurchase program may be modified, suspended or discontinued at any time at the Company’s discretion and does not obligate the Company to acquire any amount of Class A common stock.
(2) Average price paid per share excludes commissions and other costs associated with the repurchases.
6 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.