Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Principal Market
The principal market for Abbott’s common shares is the New York Stock Exchange under the symbol “ABT.” Shares are also listed on the Chicago Stock Exchange and traded on various regional and electronic exchanges. Outside the United States, Abbott’s shares are listed on the SIX Swiss Exchange.
Shareholders
There were 38,990 shareholders of record of Abbott common shares as of December 31, 2019.
Tax Information for Shareholders
In 2001, the Illinois Department of Commerce and Economic Opportunity designated Abbott as an Illinois High Impact Business (HIB) for a period not to exceed twenty years. Dividends paid by a corporation that is designated as a HIB and conducts business in a foreign trade zone may be eligible for a subtraction from base income for Illinois income tax purposes. Abbott certified that the HIB requirements were met for the calendar year ending December 31, 2019.
If you have any questions, please contact your tax advisor.
Issuer Purchases of Equity Securities
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| | | | | (c) Total Number of | (d) Maximum Number (or | ||||||
| | | (a) Total Number | | | | | Shares (or Units) | | Approximate Dollar Value) of | ||
| | | of Shares | | (b) Average Price | | Purchased as Part of | | Shares (or Units) that May | |||
| | | (or Units) | | Paid per Share | | Publicly Announced | | Yet Be Purchased Under the | |||
| Period | | Purchased | | (or Unit) | | Plans or Programs | | Plans or Programs | |||
| October 1, 2019 — October 31, 2019 | 2,675,000 | (1) | $ | 81.950 | 2,675,000 | | $ | 3,576,018,444 | (2) | ||
| November 1, 2019 — November 30, 2019 | 1,786,605 | (1) | $ | 82.928 | 1,786,605 | | $ | 3,427,858,606 | (2) | ||
| December 1, 2019 — December 31, 2019 | 1,844,839 | (1) | $ | 85.440 | 1,844,839 | | $ | 3,270,234,923 | (2) | ||
| Total | 6,306,444 | (1) | $ | 83.248 | 6,306,444 | | $ | 3,270,234,923 | (2) |
| (1) | These shares do not include the shares surrendered to Abbott to satisfy tax withholding obligations in connection with the vesting of restricted stock or restricted stock units. |
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| (2) | On September 11, 2014, the board of directors authorized the repurchase of up to $3 billion of its common shares, from time to time (the “2014 Plan”). On October 11, 2019, the board of directors authorized the repurchase of up to $3 billion of Abbott common shares, from time to time (the “2019 Plan”). The 2019 Plan is in addition to the unused portion of the 2014 Plan. |
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