Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

7K characters. Original on sec.gov · Markdown

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our ordinary shares have been publicly traded since November 17, 2011 when our ordinary shares were listed and began trading on the New York Stock Exchange ("NYSE") under the symbol “DLPH.”

The following table sets forth the high and low sales price per share of our ordinary shares, as reported by NYSE, for 2015 and 2016. As of January 27, 2017, there were approximately 3 shareholders of record of our ordinary shares.



	Price Range of Ordinary Shares
	High		Low
2015
Period from January 1 through March 31, 2015	$	82.24	$	66.10
Period from April 1 through June 30, 2015	90.57		78.17
Period from July 1 through September 30, 2015	86.31		66.27
Period from October 1 through December 31, 2015	88.89		75.18
2016
Period from January 1 through March 31, 2016	$	84.80	$	55.59
Period from April 1 through June 30, 2016	78.00		58.04
Period from July 1 through September 30, 2016	72.13		58.97
Period from October 1 through December 31, 2016	71.95		60.50

The following graph reflects the comparative changes in the value from December 31, 2011 through December 31, 2016, assuming an initial investment of $100 and the reinvestment of dividends, if any in (1) our ordinary shares, (2) the S&P 500 index, and (3) the Automotive Supplier Peer Group. Historical performance may not be indicative of future shareholder returns.

Stock Performance Graph

$100 invested on December 31, 2011 in our stock or in the relevant index, including reinvestment of dividends. Fiscal year ended December 31, 2016.


(1)	Delphi Automotive PLC


(2)	S&P 500 – Standard & Poor’s 500 Total Return Index


(3)	Automotive Supplier Peer Group – Russell 3000 Auto Parts Index, including American Axle & Manufacturing, BorgWarner Inc., Cooper Tire & Rubber Company, Dana Inc., Delphi Automotive PLC, Dorman Products Inc., Federal-Mogul Corp., Ford Motor Co., General Motors Co., Gentex Corp., Gentherm Inc., Genuine Parts Co., Goodyear Tire & Rubber Co., Johnson Controls International PLC, Lear Corp., LKQ Corp., Meritor Inc., Standard Motor Products Inc., Stoneridge Inc., Superior Industries International, Tenneco Inc., Tesla Motors Inc., Tower International Inc., Visteon Corp., and WABCO Holdings Inc.

(3)

Automotive Supplier Peer Group – Russell 3000 Auto Parts Index, including American Axle & Manufacturing, BorgWarner Inc., Cooper Tire & Rubber Company, Dana Inc., Delphi Automotive PLC, Dorman Products Inc., Federal-Mogul Corp., Ford Motor Co., General Motors Co., Gentex Corp., Gentherm Inc., Genuine Parts Co., Goodyear Tire & Rubber Co., Johnson Controls International PLC, Lear Corp., LKQ Corp., Meritor Inc., Standard Motor Products Inc., Stoneridge Inc., Superior Industries International, Tenneco Inc., Tesla Motors Inc., Tower International Inc., Visteon Corp., and WABCO Holdings Inc.



Company Index	December 31, 2011		December 31, 2012		December 31, 2013		December 31, 2014		December 31, 2015		December 31, 2016
Delphi Automotive PLC (1)	$	100.00	$	177.58	$	283.02	$	347.40	$	414.58	$	331.43
S&P 500 (2)	100.00		116.00		153.58		174.60		177.01		198.18
Automotive Supplier Peer Group (3)	100.00		127.04		188.67		203.06		198.34		202.30

Dividends

The Company has declared and paid cash dividends of $0.25 and $0.29 per ordinary share in each quarter of 2015 and 2016, respectively. In addition, in January 2017, the Board of Directors declared a regular quarterly cash dividend of $0.29 per ordinary share, payable on February 15, 2017 to shareholders of record at the close of business on February 6, 2017.

Equity Compensation Plan Information

The table below contains information about securities authorized for issuance under equity compensation plans. The features of these plans are discussed further in Note 21. Share-Based Compensation to our consolidated financial statements.



Plan Category	Number of Securities to be Issued Upon Exercise of Outstanding Options, Restricted Common Stock Warrants and Rights (a)		Weighted-Average Exercise Price of Outstanding Options, Restricted Common Stock Warrants and Rights (b)			Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (excluding securities reflected in column (a)) (c)
Equity compensation plans approved by security holders	1,768,365	(1)	$	—	(2)	15,991,300	(3)
Equity compensation plans not approved by security holders	—		—			—
Total	1,768,365		—			15,991,300


(1)	Includes (a) 26,474 outstanding restricted stock units granted to our Board of Directors and (b) 1,741,891 outstanding time- and performance-based restricted stock units granted to our executives. All grants were made under the Delphi Automotive PLC Long Term Incentive Plan, as amended and restated effective April 23, 2015 (the "PLC LTIP"). Includes accrued dividend equivalents.


(2)	The restricted stock units have no exercise price.


(3)	Remaining shares available under the PLC LTIP.

Repurchase of Equity Securities

A summary of our ordinary shares repurchased during the quarter ended December 31, 2016, is shown below:



Period	Total Number of Shares Purchased (1)	Average Price Paid per Share (2)		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Approximate Dollar Value of Shares that May Yet be Purchased Under the Program (in millions) (3)
October 1, 2016 to October 31, 2016	450,272	$	66.63	450,272	$	1,442
November 1, 2016 to November 30, 2016	1,019,678	66.61		1,019,678	1,374
December 1, 2016 to December 31, 2016	31,671	65.21		31,671	1,372
Total	1,501,621	66.58		1,501,621


(1)	The total number of shares purchased under the Board authorized plans described below.


(2)	Excluding commissions.


(3)	In April 2016, the Board of Directors authorized a share repurchase program of up to $1.5 billion. This program follows the completion of the previously announced share repurchase program of $1.5 billion, which was approved by the Board of Directors in January 2015. The timing of repurchases is dependent on price, market conditions and applicable regulatory requirements.

Previous: Item 4. MINE SAFETY DISCLOSURES · Next: Item 6. SELECTED FINANCIAL DATA