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

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Since April 23, 2008, our common stock has traded on the NYSE under the symbol “AWK.” The following table summarizes the per share range of the high and low closing and intraday sales prices of our common stock as reported on the NYSE and the per share cash dividends paid and declared for the years ended December 31, 2015 and 2014:

Per Share
Closing Market PricesIntraday Market PricesPer ShareDividends
2015HighLowHighLowDividends PaidDeclared
Fourth Quarter$60.61$55.27$61.20$54.62$0.34$0.68
Third Quarter55.0849.1755.6348.520.340.34
Second Quarter55.4548.6355.6748.360.340.34
First Quarter57.3652.1957.4851.840.31—
Per Share
Closing Market PricesIntraday Market PricesPer ShareDividends
2014HighLowHighLowDividends PaidDeclared
Fourth Quarter$55.86$47.92$56.19$47.58$0.31$0.31
Third Quarter50.6146.4150.7145.980.310.62
Second Quarter49.4545.1649.5044.860.310.31
First Quarter45.5641.1645.8641.070.28—

As of February 19, 2016, there were 178,008,765 shares of common stock outstanding and approximately 2,345 record holders of common stock. Holders of the Company’s common stock are entitled to receive dividends when they are declared by the Board of Directors. When dividends on common stock are declared, they are typically paid in March, June, September and December. Future dividends are not guaranteed by the Company and will be dependent on future earnings, financial requirements, contractual provisions of debt agreements and other relevant factors.

In February 2015, the Board of Directors authorized an anti-dilutive common stock repurchase program to mitigate the dilutive effect of shares issued through our dividend reinvestment, employee stock purchase and executive compensation activities. The program allows us to purchase up to 10 million shares of our outstanding common stock over an unrestricted period of time in the open market or through privately negotiated transactions. The program is conducted in accordance with Rule 10b-18 of the Exchange Act, and to facilitate these repurchases, we have entered into a Rule 10b5-1 share repurchase plan with a third party broker, which allows us to repurchase shares at times when we may otherwise be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods. Subject to applicable regulations, we may elect to amend or cancel the program or share repurchase parameters at our discretion to manage dilution.

The following table provides a summary of information about the shares of common stock we purchased during the three months ended December 31, 2015:

Total Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a)Maximum Number of Shares that May Yet Be Purchased Under the Plan or Program
October 1 - October 31, 2015186,500$57.22186,5009,063,500
November 1 - November 30, 2015170,25456.94170,2548,893,246
December 1 - December 31, 20151,143,24658.241,143,2467,750,000
Total1,500,00057.451,500,000
(a)From April 1, 2015, the date our repurchases under the program commenced, through December 31, 2015, we purchased an aggregate of 2,250,000 shares under our anti-dilutive common stock repurchase program.

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