3 unchanged sentences
In addition, Delaware law limits payment of dividends.
−Removed: In February 2023, Terex’s Board of Directors declared a dividend of $0.15 per share, which will be paid on March 20, 2023 to the Company’s shareholders of record as of March 9, 2023.
+Added: In February 2024, Terex’s Board of Directors declared a dividend of $0.17 per share, which will be paid on March 19, 2024 to the Company’s stockholders of record as of March 8, 2024.
Any additional payments of dividends will depend upon our financial condition, capital requirements and earnings, as well as other factors that the Board of Directors may deem relevant.
−Removed: As of February 7, 2023, there were 507 stockholders of record of our common stock.
+Added: As of February 6, 2024, there were 485 registered stockholders of record of our common stock.
Performance Graph
The following stock performance graph is intended to show our stock performance compared with that of comparable companies.
−Removed: The stock performance graph shows the change in market value of $100 invested in our common stock, the Standard & Poor’s (“S&P”) 500 Stock Index, the S&P Industrial Machinery Index and our Prior Peer Group (as defined below) for the period commencing December 31, 2017 through December 31, 2022.
+Added: The stock performance graph shows the change in market value of $100 invested in our common stock, the Standard & Poor’s (“S&P”) 500 Stock Index and the S&P Industrial Machinery Index for the period commencing December 31, 2018 through December 31, 2023.
The cumulative total stockholder return assumes dividends are reinvested.
The stockholder return shown on the graph below is not indicative of future performance.
−Removed: The companies in the Prior Peer Group are weighted by market capitalization.
−Removed: The 2022 new peer index group consists of the S&P Industrial Machinery Index.
−Removed: The Prior Peer Group consists of the following companies that were in our same industry, of comparable revenue size to us and/or other manufacturing companies:
−Removed: AGCO Corporation, Carlisle Companies Inc., Crane Company, Dana Incorporated, Dover Corporation, Flowserve Corporation, Hubbell Inc., Lennox International Inc., The Manitowoc Company, Inc., Oshkosh Corporation, Pentair Ltd., Rockwell Automation, Inc., Roper Technologies Inc., Timken Company, Trinity Industries Inc.
−Removed: and Westinghouse Air Brake Technologies Corporation.
−Removed: We re-examined our Prior Peer Group and concluded that our diversified portfolio of businesses, which evolves in accordance with acquisitions, dispositions and other transactions, is better benchmarked against the S&P Industrial Machinery Index for comparison prospectively rather than including a self-selected peer group of individual companies, as presented in prior years.
−Removed: 12/17 12/18 12/19 12/20 12/21 12/22
+Added: We believe that our diversified portfolio of businesses, which evolves in accordance with acquisitions, dispositions and other transactions, is better benchmarked against the S&P Industrial Machinery Index for comparison prospectively rather than a self-selected peer group of individual companies.
Terex Corporation 100.00 109.68 129.28 164.44 162.05 220.56
S&P 500 100.00 131.49 155.68 200.37 164.08 207.21
−Removed: S&P Industrial Machinery 100.00 84.87 116.16 134.01 164.78 140.21
−Removed: Prior Peer Group 100.00 85.45 116.88 131.95 168.50 147.82
+Added: S&P Industrial Machinery & Components
+Added: 100.00 136.87 157.91 194.16 165.21 208.28
Copyright© 2023 Standard & Poor's, a division of S&P Global.
8 unchanged sentences
October 1, 2023 – October 31, 2023
+Added: 148,979 $48.47 148,129 $151,793
November 1, 2023 – November 30, 2023
+Added: 300,798 $48.52 299,841 $137,246
December 1, 2023 – December 31, 2023
+Added: 105,691 $50.83 102,600 $132,050
Total 555,468 $48.95 550,570 $132,050
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.