10 unchanged sentences
We have never declared nor paid any cash dividends on our capital stock.
−Removed: We currently intend to retain all available funds and any future earnings for use in the operation of our business and do not expect to pay any dividends on our capital stock in the foreseeable future.
+Added: We do not expect to pay any dividends on our capital stock in the foreseeable future.
Any future determination relating to our dividend policy will be at the discretion of our board of directors, subject to applicable laws, and will depend on our financial condition, results of operations, capital requirements, general business conditions, and other factors that our board of directors considers relevant.
+Added: Issuer Purchases of Equity Securities
+Added: In October 2023, the Company's Board of Directors authorized the repurchase of up to $1 billion of the Company’s Class A common stock.
+Added: Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors.
+Added: The repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock and may be suspended at any time at the Company’s discretion.
+Added: The timing and number of shares repurchased will depend on a variety of factors, including the stock price, business and market conditions, corporate and regulatory requirements, alternative investment opportunities, acquisition opportunities, and other factors.
+Added: The following table summarizes the share repurchase activity for the three months ended December 31, 2023 (in thousands, except per share amounts):
+Added: Total Number of Shares Purchased Average price paid per share (i)
+Added: Total number of shares purchased as part of publicly announced plans or program
+Added: Approximate dollar value of shares that may yet be purchased under the plans or programs
+Added: October 1, 2023 - October 31, 2023
+Added: — — — 1,000,000
+Added: November 1, 2023 - November 30, 2023
+Added: 1,345 56.21 1,345 924,423
+Added: December 1, 2023 - December 31, 2023
+Added: 1,121 72.44 1,121 843,238
+Added: (i) Average price paid per share for open market purchases includes broker commissions.
+Added: Unregistered Sales of Equity Securities
+Added: During the three months ended December 31, 2023, we issued a total of 171,691 shares of our Class A common stock in connection with the acquisition of an artist-centric financial technology company, pursuant to exemptions from registration provided by Section 4(a)(2).
Performance Graph
2 unchanged sentences
The following graph compares the cumulative total return to stockholders of our common stock relative to the cumulative total returns of the Standard & Poor’s 500 Index ("S&P 500"), and the S&P North American Technology Index.
−Removed: An investment of $100 (with reinvestment of all dividends) is assumed to have been made in our Class A common stock and in each index on December 31, 2017 and its relative performance is tracked through December 31, 2022.
+Added: An investment of $100 (with reinvestment of all dividends) is assumed to have been made in our Class A common stock and in each index on the last trading day for the fiscal year ended December 31, 2018 and its relative performance is tracked through December 31, 2023.
The returns shown are based on historical results and are not intended to suggest future performance.
4 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.