8 unchanged sentences
Regulatory non-objection is subject to periodic regulatory review and no assurances can be given regarding future regulatory non-objection.
−Removed: In addition, interim final rules issued by the FRS in 2011 require that a majority of the mutual holding company's members eligible to vote must approve a dividend waiver by a mutual holding company within 12 months prior to the declaration of the dividend being waived.
−Removed: There can be no assurance that a final rule will not require such a member vote.
−Removed: At a special meeting of members of Third Federal Savings, MHC, the members (depositors and certain loan customers of the Association) voted to approve Third Federal Savings, MHC's proposed waiver of dividends aggregating up to $1.13 per share on the common stock of the Company for the 12 months following the special meeting of members held on July 11, 2023.
−Removed: The members approved the waiver by casting 60% of the eligible votes, with 97% of the votes cast, or 58% of the total eligible votes, in favor of the waiver.
−Removed: Third Federal Savings, MHC is the 81% majority shareholder of the Company.
−Removed: Following the receipt of the members’ approval at the July 11, 2023 special meeting, Third Federal Savings, MHC filed a notice with, and subsequently received the non-objection of, the FRB-Cleveland for the proposed dividend waivers.
+Added: In addition, a majority of the mutual holding company's members eligible to vote must approve a dividend waiver by a mutual holding company within 12 months prior to the declaration of the dividend being waived.
+Added: At the July 9, 2024 special meeting of members of Third Federal Savings and Loan Association of Cleveland, MHC (the "MHC"), the mutual holding company of TFS Financial Corporation (the "Company"), the members of the MHC (depositors and certain loan customers of Third Federal Savings and Loan Association of Cleveland) voted to approve the MHC's proposed waiver of dividends, aggregating up to $1.13 per share to be declared on the Company's common stock during the twelve months subsequent to the members' approval (i.e., through July 9, 2025).
+Added: The members approved the waiver by casting 58% of the total eligible votes.
+Added: Of the votes cast, 97% were in favor of the proposal.
+Added: The MHC is the 81% majority shareholder of the Company.
+Added: Following the receipt of the members’ approval at the July 9, 2024, special meeting, Third Federal Savings, MHC filed a notice with, and subsequently received the non-objection from the FRB-Cleveland for the proposed dividend waiver.
In the table and graph that follow, we have provided summary information regarding the performance of the cumulative total return of our common stock from September 30, 2019 through September 30, 2024, relative to the cumulative total return on stocks included in the S&P U.S.
9 unchanged sentences
S&P Global Market Intelligence
−Removed: We did not sell any equity securities during the fiscal year ended September 30, 2023.
−Removed: We did not purchase any stock during the quarter ended September 30, 2023.
+Added: We did not sell any unregistered equity securities during the fiscal year ended September 30, 2024.
+Added: We did not repurchase any shares of our common stock during the quarter ended September 30, 2024.
On October 27, 2016, the Company announced that the Board of Directors approved the Company's eighth stock repurchase program, which authorizes the repurchase of up to 10,000,000 shares of the Company's outstanding common stock.
−Removed: Purchases under the program will be on an ongoing basis and subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses of capital, and our financial performance.
+Added: Purchases under the program will be subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses of capital, and our financial performance.
Repurchased shares will be held as treasury stock and be available for general corporate use.
−Removed: For the fiscal year ended September 30, 2023, stock repurchases totaled 361,869 shares at an average price per share of $13.82.
+Added: There were no stock repurchases during the fiscal year ended September 30, 2024.
The program has 5,191,951 shares yet to be purchased as of September 30, 2024.
1 unchanged sentence
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.