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
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| (a) | Our common stock is listed under the ticker symbol “AVY” on the New York Stock Exchange. We did not sell securities in any unregistered transactions during the fourth quarter of 2020. |
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We had 4,195 shareholders of record as of January 2, 2021, the last day of our fiscal year.
The disclosure in our 2020 Annual Report under “Stockholder Return Performance” and “Comparison of Five-Year Cumulative Total Return as of December 31, 2020” is incorporated herein by reference.
| (b) | Not applicable. |
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| (c) | Repurchases of Equity Securities by Issuer |
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Repurchases by us or our “affiliated purchasers” (as defined in
Rule 10b-18(a)(3)
of the Exchange Act) of registered equity securities in the fourth quarter of 2020 are shown in the table below. Repurchased shares may be reissued under our long-term incentive plan or used for other corporate purposes.
| Period (1) | Total number of shares purchased (2) | Average price paid per share | Total number of shares purchased as part of publicly announced plans (2)(3) | Approximate dollar value of shares that may yet be purchased under the plans (4) | ||||||||||||
| September 27, 2020 – October 24, 2020 | 46.3 | $ | 127.67 | 46.3 | $ | 586.6 | ||||||||||
| October 25, 2020 – November 28, 2020 | 168.9 | 145.39 | 168.9 | 562.0 | ||||||||||||
| November 29, 2020 – January 2, 2021 | 142.5 | 151.91 | 142.5 | 540.4 | ||||||||||||
| Total | 357.7 | $ | 145.70 | 357.7 | $ | 540.4 |
| (1) | The periods shown are our fiscal periods during the fourteen-week quarter ended January 2, 2021. |
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| (2) | Shares in thousands. |
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| (3) | In April 2019, our Board authorized the repurchase of shares of our common stock with a fair market value of up to $650 million, exclusive of any fees, commissions or other expenses related to such purchases. This Board authorization will remain in effect until shares in the amount authorized thereunder have been repurchased. |
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| (4) | Dollars in millions. |
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