8 unchanged sentences
We currently intend to retain any future earnings and do not expect to pay any dividends in the foreseeable future.
−Removed: Any future determination to declare cash dividends will be made at the discretion of our board of directors, subject to applicable laws, and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions, general business conditions, and other factors that our board of directors may deem relevant.
+Added: Any future determination to declare cash dividends will be made at the discretion of our Board, subject to applicable laws, and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions, general business conditions, and other factors that our Board may deem relevant.
Stock Performance Graph
This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC, for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act.
−Removed: The following graph compares (i) the cumulative total stockholder return on our Class A common stock from April 18, 2019 (the date our Class A common stock commenced trading on the Nasdaq Global Select Market) through January 31, 2024 with (ii) the cumulative total return of the Russell 2000 Index (“RUT”) and the Nasdaq Computer Index (“IXCO”) over the same period, assuming the investment of $100 in our Class A common stock and in both of the other indices on April 18, 2019 and the reinvestment of dividends.
−Removed: The graph uses the closing market price on April 18, 2019 of $62.00 per share as the initial value of our Class A common stock.
+Added: The following graph compares (i) the cumulative total stockholder return on our Class A common stock from January 31, 2020 through January 31, 2025 with (ii) the cumulative total return of the Russell 2000 Index (“RUT”) and the Nasdaq Computer Index (“IXCO”) over the same period, assuming the investment of $100 in our Class A common stock and in both of the other indices on January 31, 2020 and the reinvestment of dividends.
+Added: The graph uses the closing market price on January 31, 2020 of $76.30 per share as the initial value of our Class A common stock.
As discussed above, we have never declared or paid a cash dividend on our Class A common stock and do not anticipate declaring or paying a cash dividend in the foreseeable future.
2 unchanged sentences
Issuer Purchases of Equity Securities
+Added: The following table presents information with respect to our repurchases of Class A common stock during the three months ended January 31, 2025:
+Added: Total Number of Shares Purchased (1)
+Added: Average Price Paid per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Program (1)
+Added: Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Program (in thousands) (1)
+Added: November 1 - 30, 2024 333,702 $ 80.65 333,702 $ 1,933,775
+Added: December 1 – 31, 2024 1,986,422 $ 84.50 1,986,422 $ 1,765,925
+Added: January 1 – 31, 2025 1,961,501 $ 81.47 1,961,501 $ 1,606,122
+Added: Total 4,281,625 $ 82.81 4,281,625 $ 1,606,122
+Added: (1) In February 2024, our Board of Directors authorized a stock repurchase program of up to $1.5 billion of our Class A common stock.
+Added: In November 2024, our Board of Directors authorized the repurchase of an additional $1.2 billion of our outstanding Class A common stock.
+Added: Repurchases of our Class A common stock may be effected, from time to time, either on the open market (including pre-set trading plans), in privately negotiated transactions, and other transactions in accordance with applicable securities laws.
+Added: The repurchase program does not obligate us to acquire any particular amount of Class A common stock, and the repurchase program may be suspended or discontinued at any time at our discretion.
+Added: See Note 10 "Stockholders’ Equity and Equity Incentive Plans" of this Annual Report on Form 10-K for additional information related to share repurchases.
Not applicable
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.