Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Our common stock is traded on the Nasdaq Global Select Market under the symbol AMAT. As of December 6, 2024, there were 2,692 registered holders of our common stock. Information regarding quarterly cash dividends declared on our common stock during fiscal 2024, 2023 and 2022 may be found under “Management’s Discussion and Analysis of Financial Condition and Results of Operations - Financial Condition, Liquidity and Capital Resources”.

Performance Graph

The performance graph below shows the five-year cumulative total stockholder return on our common stock during the period from October 27, 2019 through October 27, 2024. This is compared with the cumulative total return of the Standard & Poor’s 500 Stock Index and the PHLX Semiconductor Index over the same period. The comparison assumes $100 was invested on October 27, 2019 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends, if any. Dollar amounts in the graph are rounded to the nearest whole dollar. The performance shown in the graph represents past performance and should not be considered an indication of future performance.

The graph below assumes that the value of the investment in our common stock and in each of the indexes was $100 at October 27, 2019, and that all dividends were reinvested.


	10/27/2019	10/25/2020	10/31/2021	10/30/2022	10/29/2023	10/27/2024
Applied Materials	100.00	110.92	250.74	166.02	245.26	351.03
S&P 500 Index	100.00	116.84	157.60	135.57	145.49	208.23
PHLX Semiconductor Index	100.00	145.68	215.80	154.30	207.26	338.18

Issuer Purchases of Equity Securities

In March 2023, our Board of Directors approved a common stock repurchase program authorizing $10.0 billion in repurchases, which supplemented the previously existing $6.0 billion authorization approved in March 2022. At October 27, 2024, approximately $8.9 billion remained available for future stock repurchases under the repurchase program.

The following table provides information as of October 27, 2024 with respect to the shares of common stock repurchased by us during the fourth quarter of fiscal 2024 pursuant to the foregoing Board authorization.


Period	Total Number of Shares Purchased	Average Price Paid per Share*****		Aggregate Price Paid*****		Total Number of Shares Purchased as Part of Publicly Announced Programs	Maximum Dollar Value of Shares That May Yet be Purchased Under the Programs*****

	(In millions, except per share amounts)
Month #1
(July 29, 2024 to August 25, 2024)	1.5	$	195.93	$	292	1.5	$	10,030
Month #2
(August 26, 2024 to September 22, 2024)	2.6	$	187.33	492		2.6	$	9,538
Month #3
(September 23, 2024 to October 27, 2024)	3.5	$	191.41	669		3.5	$	8,869
Total	7.6	$	190.89	$	1,453	7.6

*Amounts include the 1% surcharge on stock repurchases under the Inflation Reduction Act’s excise tax. This excise tax is recorded in equity and reduces the amount available under the repurchase program, as applicable.

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