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
Our common stock is traded on the NASDAQ Stock Market LLC under the symbol “BLDR”. On February 26, 2018, the closing price of our common stock as reported on the NASDAQ Stock Market LLC was $20.51. The approximate number of stockholders of record of our common stock on that date was 100, although we believe that the number of beneficial owners of our common stock is substantially greater.
The table below sets forth the high and low sales prices of our common stock for the periods indicated:
| High | Low | |||||||
|---|---|---|---|---|---|---|---|---|
| 2017 | ||||||||
| First quarter | $ | 15.85 | $ | 10.57 | ||||
| Second quarter | $ | 16.50 | $ | 13.33 | ||||
| Third quarter | $ | 18.08 | $ | 14.39 | ||||
| Fourth quarter | $ | 22.08 | $ | 16.52 | ||||
| 2016 | ||||||||
| First quarter | $ | 11.34 | $ | 6.50 | ||||
| Second quarter | $ | 12.77 | $ | 10.15 | ||||
| Third quarter | $ | 14.09 | $ | 10.99 | ||||
| Fourth quarter | $ | 12.28 | $ | 9.04 |
We have not declared or paid cash dividends in the two most recent fiscal years. Any future determination relating to dividend policy will be made at the discretion of our board of directors and will depend on a number of factors, including restrictions in our debt instruments, as well as our future earnings, capital requirements, financial condition, prospects and other factors that our board of directors may deem relevant. Our debt agreements currently restrict our ability to pay dividends. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources” contained in Item 7 of this annual report on Form 10-K.
Company Stock Repurchases
The following table provides information with respect to our purchases of Builders FirstSource, Inc. common stock during the fourth quarter of fiscal year 2017:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares That May Yet be Purchased Under the Plans or Programs | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 1, 2017 — October 31, 2017 | — | $ | — | — | — | |||||||||||
| November 1, 2017 — November 30, 2017 | 9,214 | 18.27 | — | — | ||||||||||||
| December 1, 2017 — December 31, 2017 | — | — | — | — | ||||||||||||
| Total | 9,214 | $ | 18.27 | — | — |
The shares presented in the above table represent stock tendered in order to meet tax withholding requirements for restricted stock units vested.
The graph below matches the cumulative 5-Year total return of holders of Builders FirstSource, Inc.’s common stock with the cumulative total returns of the Russell 2000 index and the S&P 600 Building Products index. The graph assumes that the value of the investment in our common stock, in each index, and in the peer group (including reinvestment of dividends) was $100 on 12/31/2012 and tracks it through 12/31/2017.

| 12/12 | 12/13 | 12/14 | 12/15 | 12/16 | 12/17 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Builders FirstSource, Inc. | 100.00 | 127.78 | 123.12 | 198.57 | 196.60 | 390.50 | ||||||||||||||||||
| Russell 2000 | 100.00 | 138.82 | 145.62 | 139.19 | 168.85 | 193.58 | ||||||||||||||||||
| S&P 600 Building Products Index | 100.00 | 145.13 | 150.68 | 176.65 | 243.14 | 292.49 |
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
The information regarding securities authorized for issuance under equity compensation plans appears in our definitive proxy statement for our annual meeting of stockholders to be held on May 23, 2018 under the caption “Equity Compensation Plan Information,” which information is incorporated herein by reference.
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