9 unchanged sentences
Dividend Policy
−Removed: We have no current plans to pay dividends on our common stock.
+Added: We have no current plans to pay regular dividends on our common stock.
Any decision to declare and pay dividends in the future will be made at the sole discretion of our Board of Directors and will depend on, among other things, our results of operations, cash requirements, financial condition, contractual restrictions and other factors that our Board of Directors may deem relevant.
1 unchanged sentence
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.
+Added: On February 25, 2026, the Board of Directors declared a special cash dividend of $3.65 per share, payable on March 25, 2026.
Issuer Purchases of Equity Securities
11 unchanged sentences
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.
−Removed: 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.
−Removed: Open market repurchases are expected to be structured to occur within the pricing volume requirements of Rule 10b-18.
−Removed: 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 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.
+Added: The share repurchase program expired in accordance with its scheduled terms on December 31, 2025.
(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.