filings.toolsItem 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
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Item 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our shares of common stock are traded on the New York Stock Exchange with the stock ticker symbol “CHD”.
Approximate number of record holders of our Common Stock as of December 31, 2023: 1,600.
The following graph compares the yearly change in the cumulative total stockholder return on our Common Stock for the past five fiscal years with the cumulative total return of the S&P 500 Index and the S&P 500 Household Products Index described more fully below. The returns are indexed to a value of $100 at December 31, 2018. Dividend reinvestment has been assumed.
Comparison of Cumulative Five-Year Total Return among Company, S&P 500 Index and the S&P 500 Household Products Index**(1)**
(1)
S&P 500 Household Products Index consists of the Church & Dwight Co., Inc., Clorox Company, Colgate-Palmolive Company, Kimberly-Clark Corporation and P&G.
| Company / Index | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |||||||||||||
| ■ Church & Dwight Co., Inc. | 100.00 | 108.36 | 135.96 | 161.63 | 128.63 | 152.70 | |||||||||||||
| ■ S&P 500 Index | 100.00 | 131.48 | 155.66 | 200.30 | 163.99 | 207.05 | |||||||||||||
| ■ S&P 500 Household Products Index | 100.00 | 131.49 | 152.22 | 175.42 | 165.04 | 165.25 |
Share Repurchase Authorization
On October 28, 2021, the Board authorized a new share repurchase program, under which the Company may repurchase up to $1,000.0 in shares of Common Stock (the “2021 Share Repurchase Program”). The 2021 Share Repurchase Program does not have an expiration and replaced the 2017 Share Repurchase Program. All remaining dollars authorized for repurchase under the 2017 Share Repurchase Plan have been cancelled. The 2021 Share Repurchase Program did not modify the Company’s evergreen share repurchase program, authorized by the Board on January 29, 2014, under which the Company may repurchase, from time to time, Common Stock to reduce or eliminate dilution associated with issuances of Common Stock under its incentive plans.
In November 2023, the Company executed an agreement to purchase 3.3 million shares for $300.1, inclusive of fees, of which $229.3 was purchased under the evergreen share repurchase program and $70.8 was purchased under the 2021 Share Repurchase Program.
As a result of the Company’s stock repurchases, there remains $658.9 of share repurchase availability under the 2021 Share Repurchase Program as of December 31, 2023.
| Period | Total Number of Shares Purchased**(1)** | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased Under All Programs | ||||||||||||
| 10/1/2023 to 10/31/2023 | 346 | $ | 90.11 | 346 | $ | 729,727,297 | ||||||||||
| 11/1/2023 to 11/30/2023 | 3,144,242 | 91.62 | 3,144,242 | $ | 658,905,959 | |||||||||||
| 12/1/2023 to 12/31/2023 | 126,245 | 94.92 | 126,245 | $ | 658,905,959 | |||||||||||
| Total | 3,270,833 | $ | 91.75 | 3,270,833 |
(1)
Includes shares of Common Stock withheld by us to satisfy tax withholding obligations in connection with the vesting of restricted stock.
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