1 unchanged sentence
Common Stock and Stockholders
−Removed: Our common stock began trading publicly on the New York Stock Exchange (“NYSE”) under the symbol “USFD” as of May 26, 2016.
−Removed: Prior to that time, there was no public market for our common stock.
+Added: Our common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “USFD”.
There were 20,364 holders of record of our common stock as of February 9, 2024.
This figure does not include a substantially greater number of “street name” holders whose shares are held of record by banks, brokers and other financial institutions.
−Removed: We have not paid any dividends on our common stock since our common stock began trading publicly on the NYSE.
+Added: We have not paid any dividends on our common stock since our common stock began trading publicly in 2016.
We have no plans to pay dividends on our common stock in the foreseeable future.
1 unchanged sentence
In making any such decision, our Board of Directors may take into account, among other things, our results of operations, capital requirements, financial condition, contractual restrictions, and other factors that our Board of Directors may deem relevant.
−Removed: During the 52 weeks ended December 31, 2022, the Company’s Board of Directors declared dividends on the shares of the Series A Preferred Stock outstanding as of the respective record dates.
−Removed: On March 31, 2022, June 30, 2022, September 30, 2022 and December 31, 2022, the Company paid cash dividends in the aggregate of $ 37 million on the shares of the Series A Preferred Stock.
+Added: During the 52 weeks ended December 30, 2023, the Company’s Board of Directors declared dividends on the shares of the Series A Preferred Stock outstanding on March 31, 2023.
+Added: The Company paid cash dividends in the aggregate of $ 7 million on the shares of the Series A Preferred Stock.
See Note 14, Convertible Preferred Stock, in our consolidated financial statements for further information.
Share Repurchase Program
−Removed: On November 2, 2022, our Board of Directors approved a share repurchase program under which the Company is authorized to repurchase up to $500 million of its outstanding common stock.
+Added: On November 2, 2022, our Board of Directors approved, and we publicly announced, a Share Repurchase Program under which the Company is authorized to repurchase up to $500 million of its outstanding common stock.
At December 30, 2023, there was approximately $ 192 million in remaining funds authorized under this program.
20 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.