1 unchanged sentence
Repurchases of Equity Securities
−Removed: We repurchased 400,000 shares of our common stock during the three months ended March 31, 2024.
+Added: We repurchased 800,000 shares of our common stock during the three months ended June 30, 2024.
Period Total Number of Shares Purchased Average Price paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Shares that May Yet be Purchased Under the Program
−Removed: February 1, 2024–February 28, 2024 19,198 $ 9.78 19,198 380,802
−Removed: March 1, 2024–March 31, 2024 380,802 $ 9.67 380,802 —
+Added: May 1, 2024–May 31, 2024 482,172 $ 8.43 482,172 517,828
+Added: June 1, 2024–June 30, 2024 317,828 $ 7.81 317,828 200,000
800,000 800,000
2 unchanged sentences
During the three months ended March 31, 2024, the Company repurchased 400,000 shares of common stock for an aggregate purchase price of $3.9 million, excluding excise tax due under the Inflation Reduction Act of 2022, with such shares retired and recorded as a reduction of additional paid-in capital until extinguished with the remaining amount reflected as a reduction of retained earnings.
−Removed: On April 29, 2024, the Company announced that its Board of Directors approved a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock.
−Removed: Purchases may be made, from time to time, in the open market and will be funded from available cash.
−Removed: The number of shares to be purchased and the timing of purchases will be based on the level of Travelzoo’s cash balances, general business and market conditions, and other factors, including alternative investment opportunities.
+Added: On April 29, 2024, Travelzoo announced that its board of directors has authorized the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock.
+Added: During the three months ended June 30, 2024, the Company repurchased 600,000 shares of common stock for an aggregate purchase price of $5.0 million, excluding excise tax due under the Inflation Reduction Act of 2022, with such shares retired and recorded as a reduction of additional paid-in capital until extinguished with the remaining amount reflected as a reduction of retained earnings.
+Added: As of June 30, 2024, there were 400,000 shares remaining to be repurchased under this program.
+Added: In June 2024, the Company entered into a Stock Repurchase Agreement with Mr.
+Added: Holger Bartel to privately repurchase an aggregate of 200,000 shares of the Company’s common stock for an aggregate purchase price of $1.5 million, excluding excise tax due under the Inflation Reduction Act of 2022, with such shares retired and recorded as a reduction of additional paid-in capital until extinguished with the remaining amount reflected as a reduction of retained earnings.
+Added: This transaction was approved by the Compensation Committee of the Board of Directors.
Defaults Upon Senior Securities
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.