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
Market Information
Our common stock is traded on the Nasdaq Global Select Market under the symbol AMAT. As of December 5, 2025, there were 2,626 registered holders of our common stock. Information regarding quarterly cash dividends declared on our common stock during fiscal 2025, 2024 and 2023 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 25, 2020 through October 26, 2025. 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 25, 2020 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 25, 2020, and that all dividends were reinvested.

Copyright© 2025 Standard & Poor’s, a division of S&P global. All rights reserved.
| 10/25/2020 | 10/31/2021 | 10/30/2022 | 10/29/2023 | 10/27/2024 | 10/26/2025 | ||||||||||||||||||||||||||||||
| Applied Materials | 100.00 | 226.06 | 149.67 | 221.11 | 316.48 | 392.09 | |||||||||||||||||||||||||||||
| S&P 500 Index | 100.00 | 134.88 | 116.04 | 124.53 | 178.22 | 211.12 | |||||||||||||||||||||||||||||
| PHLX Semiconductor Index | 100.00 | 148.13 | 105.92 | 142.27 | 232.14 | 313.53 |
Issuer Purchases of Equity Securities
In March 2025, our Board of Directors approved a common stock repurchase program authorizing $10.0 billion in repurchases, which supplemented the previous $10.0 billion authorization approved in March 2023. At October 26, 2025, approximately $14.0 billion remained available for future stock repurchases under the repurchase program.
The following table provides information as of October 26, 2025 with respect to the shares of common stock repurchased by us during the fourth quarter of fiscal 2025 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 28, 2025 to August 24, 2025) | 3.0 | $ | 170.20 | $ | 503 | 3.0 | $ | 14,329 | |||||||||||||||||||||
| Month #2 | |||||||||||||||||||||||||||||
| (August 25, 2025 to September 21, 2025) | 1.6 | $ | 163.59 | 254 | 1.6 | $ | 14,075 | ||||||||||||||||||||||
| Month #3 | |||||||||||||||||||||||||||||
| (September 22, 2025 to October 26, 2025) | 0.4 | $ | 217.41 | 99 | 0.4 | $ | 13,976 | ||||||||||||||||||||||
| Total | 5.0 | $ | 172.46 | $ | 856 | 5.0 |
*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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