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
Common Stock
Casey’s common stock trades on the Nasdaq Global Select Market under the symbol CASY. The 36,904,285 shares of common stock outstanding at April 30, 2026 had a market value of approximately $30.3 billion. On that date, there were 1,297 shareholders of record.
Common Stock Market Prices
| Calendar 2024 | High | Low | Calendar 2025 | High | Low | Calendar 2026 | High | Low | ||||||||||||||||||||||||||||||||||||||||||
| Q1 | $ | 324.40 | $ | 268.07 | Q1 | $ | 445.17 | $ | 372.09 | Q1 | $ | 728.54 | $ | 551.41 | ||||||||||||||||||||||||||||||||||||
| Q2 | 389.44 | 306.45 | Q2 | 514.32 | 397.80 | |||||||||||||||||||||||||||||||||||||||||||||
| Q3 | 401.07 | 350.52 | Q3 | 571.57 | 490.00 | |||||||||||||||||||||||||||||||||||||||||||||
| Q4 | 439.68 | 363.00 | Q4 | 575.98 | 497.38 |
Dividends
We began paying cash dividends during fiscal 1991. The dividends declared in fiscal 2026 totaled $2.28 per share. The dividends declared in fiscal 2025 totaled $2.00 per share. At its June 2026 meeting, the Board of Directors declared a quarterly dividend of $0.65 per share payable August 14, 2026, to shareholders of record on August 1, 2026.
The cash dividends declared during the calendar years 2024 through 2026 were as follows:
| Calendar 2024 | Cash dividend declared | Calendar 2025 | Cash dividend declared | Calendar 2026 | Cash dividend declared | |||||||||||||||||||||||||||
| Q1 | $ | 0.43 | Q1 | $ | 0.50 | Q1 | $ | 0.57 | ||||||||||||||||||||||||
| Q2 | 0.50 | Q2 | 0.57 | Q2 | 0.65 | |||||||||||||||||||||||||||
| Q3 | 0.50 | Q3 | 0.57 | |||||||||||||||||||||||||||||
| Q4 | 0.50 | Q4 | 0.57 | |||||||||||||||||||||||||||||
| $ | 1.93 | $ | 2.21 |
Issuer Purchases of Equity Securities
The following table sets forth information with respect to the Company's repurchases of common stock during the quarter ended April 30, 2026:
| 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 Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs | ||||||||||||||||||||||
| Fourth Quarter: | ||||||||||||||||||||||||||
| February 1-28, 2026 | 30,289 | $ | 660.97 | 30,289 | $ | 136,783,856 | ||||||||||||||||||||
| March 1-31, 2026 | 33,977 | 682.31 | 33,977 | 113,601,123 | ||||||||||||||||||||||
| April 1-30, 2026 | 25,011 | 759.23 | 25,011 | 94,611,920 | ||||||||||||||||||||||
| Total | 89,277 | $ | 696.62 | 89,277 | $ | 94,611,920 |
On, and effective as of, March 3, 2022, the Board authorized a share repurchase program, whereby the Company was authorized to repurchase its outstanding common stock from time-to-time, for an aggregate amount of up to $400 million, exclusive of fees, commissions, excise taxes, or other costs (the "Original Repurchase Program"). During the fourth quarter, we
repurchased and retired 89,277 shares of our common stock under the Original Repurchase Program for a total of $62.2 million, excluding fees, commissions, excise taxes, and other costs. As of April 30, 2026, $94.6 million remained available thereunder. Subsequent to the end of the fiscal year, on, and effective as of, June 4, 2026, the Board of Directors authorized an expansion of the Original Repurchase Program to a total aggregate amount of up to $1.0 billion exclusive of fees, commissions, excise taxes, or other costs (the "Expanded Repurchase Program"). The Expanded Repurchase Program has no set expiration date. The timing and number of repurchase transactions under the Expanded Repurchase Program depends on a variety of factors including, but not limited to, market conditions, corporate considerations, business opportunities, debt agreements, and regulatory requirements. The Expanded Repurchase Program can be suspended or discontinued at any time.
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