−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
The Company's credit agreements contain certain limits on share repurchases.
1 unchanged sentence
On February 24, 2022, the Board of Directors authorized the Company to repurchase up to $30.0 million of the Company’s outstanding common stock, inclusive of the amount that remained available for repurchase under prior repurchase authorizations.
−Removed: As of June 30, 2023 the Company had $1.1 million in aggregate remaining repurchase capacity under its current share repurchase program.
+Added: As of September 30, 2023 the Company had $1.1 million in aggregate remaining repurchase capacity under its current share repurchase program.
The timing and actual number of shares repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements, available funds, alternative uses of capital, restrictions under the revolving credit agreement, and other market and economic conditions.
1 unchanged sentence
The repurchase authorization does not have a stated expiration date.
−Removed: The following table details purchases of the Company's common stock, if any, made by the Company during the three months ended June 30, 2023:
+Added: The following table details purchases of the Company's common stock, if any, made by the Company during the three months ended September 30, 2023:
Total number of
8 unchanged sentences
under the plans or programs (1)
−Removed: April 1 through April 30, 2023 — $ — — $ 1,123,544
−Removed: May 1 through May 31, 2023 — — — 1,123,544
−Removed: June 1 through June 30, 2023 — — — 1,123,544
+Added: July 1 through July 31, 2023 — $ — — $ 1,123,544
+Added: August 1 through August 31, 2023 — — — 1,123,544
+Added: September 1 through September 30, 2023 — — — 1,123,544
Total for the quarter — $ — —
3 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.