1 unchanged sentence
Repurchases of Equity Securities
−Removed: We repurchased 800,000 shares of our common stock during the three months ended June 30, 2024.
+Added: We repurchased 800,000 shares of our common stock during the three months ended September 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: May 1, 2024–May 31, 2024 482,172 $ 8.43 482,172 517,828
−Removed: June 1, 2024–June 30, 2024 317,828 $ 7.81 317,828 200,000
+Added: July 1, 2024–July 31, 2024 23,418 $ 9.48 23,418 376,582
+Added: August 1, 2024–August 31, 2024 325,961 $ 10.90 325,961 50,621
+Added: September 1, 2024–September 30, 2024 203,300 $ 11.78 3,300 47,321
552,679 352,679
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, 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.
−Removed: 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.
−Removed: As of June 30, 2024, there were 400,000 shares remaining to be repurchased under this program.
−Removed: In June 2024, the Company entered into a Stock Repurchase Agreement with Mr.
+Added: On April 29, 2024, Travelzoo announced that its Board of Directors authorized the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock.
+Added: The Company repurchased 600,000 shares and 352,679 of common stock for an aggregate purchase price of $5.0 million and $3.8 million, respectively, for the second and third quarter of 2024, 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 September 30, 2024, there were 47,321 shares remaining to be repurchased under this program.
+Added: On June 15, 2024, the Company entered into a Stock Repurchase Agreement with Mr.
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.
This transaction was approved by the Compensation Committee of the Board of Directors.
+Added: On September 5, 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 $2.4 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.
+Added: Related Party Transactions for further information.
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.