12 unchanged sentences
Total 765,201 $ — (764,806)
−Removed: (1) Of the repurchases in November and December, 5,991 and 55 shares, respectively, represent common shares of the Company that were owned and tendered by employees to satisfy tax withholding obligations in connection with the vesting of restricted shares.
−Removed: (2) On October 26, 2023, our Board approved a share repurchase program with an effective date of November 7, 2023.
−Removed: Pursuant to the program, we are authorized to repurchase up to 1,000,000 shares of our common stock.
−Removed: We may utilize various methods to effect the repurchases under the program, including open market repurchases, negotiated block transactions, accelerated share repurchases or open market solicitations for shares, some or all of which could be effected through Rule 10b5-1 plans.
−Removed: Performance Chart
−Removed: The following graph and table compares the cumulative total stockholder return with respect to our common stock versus the cumulative total return of the Standard & Poor's Small Cap 600 (the "S&P Small Cap 600"), the NASDAQ Composite Index, and the Peer Group Index for the five-year period ended December 31, 2024.
−Removed: The comparison assumes that $100 was invested on December 31, 2019 in each of our common stock, S&P Small Cap 600, the NASDAQ Composite Index, and the Peer Group Index and that all dividends were reinvested.
−Removed: We have not paid any dividends and, therefore, our cumulative total return calculation is based solely upon stock price appreciation and not upon reinvestment of dividends.
−Removed: The graph and table depicts year-end values based on actual market value increases and decreases relative to the initial investment of $100, based on information provided for each calendar year by the NASDAQ Stock Market and the New York Stock Exchange.
−Removed: The comparisons in the graph and table below are based on historical data and are not intended to forecast the possible future performance of our common stock.
−Removed: 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
−Removed: Universal Electronics Inc.
−Removed: $ 100 $ 100 $ 78 $ 40 $ 18 $ 21
−Removed: S&P Small Cap 600 $ 100 $ 110 $ 137 $ 113 $ 129 $ 138
−Removed: NASDAQ Composite Index $ 100 $ 144 $ 174 $ 117 $ 167 $ 215
−Removed: Peer Group Index (1)
−Removed: $ 100 $ 170 $ 156 $ 117 $ 160 $ 142
−Removed: (1) Companies in the legacy Peer Group Index are as follows:
−Removed: Dolby Laboratories, Inc.;
−Removed: Logitech International S.A.;
−Removed: VOXX International Corp.;
−Removed: and Xperi Corporation (formerly TiVo Corporation).
−Removed: The information presented above is as of December 31, 2019 through December 31, 2024.
−Removed: This information should not be deemed to be "soliciting material" or to be "filed" with the SEC or subject to the liabilities of Section 18 of the Exchange Act nor should this information be incorporated by reference into any prior or future filings under the Exchange Act, except to the extent that we specifically incorporate it by reference into a filing.
+Added: (1) Of the repurchases in December, 395 shares represent common stock of the Company that was owned and tendered by employees to satisfy tax withholding obligations in connection with the vesting of restricted shares.
+Added: (2) On October 26, 2023, our Board approved a share repurchase program with an effective date of November 7, 2023 (the "Share Repurchase Program").
+Added: Pursuant to the Share Repurchase Program, we are authorized to repurchase up to 1,000,000 shares of our common stock and to date, we have repurchased 986,444 shares of our common stock.
+Added: On November 4, 2025, our Board authorized management to continue to execute under the Share Repurchase Program.
+Added: As a result, pursuant to this authorization, we may, from time to time, repurchase up to the lesser of $1.2 million worth of our common stock or 13,556 shares (the total remaining number of shares available for repurchase under the Share Repurchase Program).
+Added: This authorization will remain in effect until such time as the Board terminates the authorization or the Share Repurchase Program is executed in full.
+Added: We may utilize various methods to effect the repurchases, including in privately negotiated and/or open-market transactions, and pursuant to plans complying with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
+Added: Neither this authorization nor the Share Repurchase Program obligates us to repurchase any shares of our common stock, and any repurchase of shares will be subject to market and other conditions and may be discontinued at any time.
+Added: On March 11, 2026, the Board authorized an amendment to the Share Repurchase Program to repurchase up to an additional 1,000,000 shares, or a total of 1,013,556 shares (including the 13,556 shares remaining available under the prior Board authorization for repurchase under the Share Repurchase Program).
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.