Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
4K characters. Original on sec.gov ·
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
| (a) | Cisco common stock is traded on the Nasdaq Global Select Market under the symbol CSCO. Information regarding quarterly cash dividends declared on Cisco’s common stock during fiscal 2020 and 2019 may be found in Supplementary Financial Data on page 104 of this report. There were 37,920 registered shareholders as of August 28, 2020. |
| (b) | None. |
| (c) | Issuer purchases of equity securities (in millions, except per-share amounts): |
| Period | Total Number of Shares Purchased | 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 the Plans or Programs | |||||||||
| April 26, 2020 to May 23, 2020 | — | $ | — | — | $ | 10,841 | |||||||
| May 24, 2020 to June 20, 2020 | — | $ | — | — | $ | 10,841 | |||||||
| June 21, 2020 to July 25, 2020 | — | $ | — | — | $ | 10,841 | |||||||
| Total | — | $ | — | — |
On September 13, 2001, we announced that our Board of Directors had authorized a stock repurchase program. As of July 25, 2020, the remaining authorized amount for stock repurchases under this program, including the additional authorization, is approximately $10.8 billion with no termination date.
For the majority of restricted stock units granted, the number of shares issued on the date the restricted stock units vest is net of shares withheld to meet applicable tax withholding requirements. Although these withheld shares are not issued or considered common stock repurchases under our stock repurchase program and therefore are not included in the preceding table, they are treated as common stock repurchases in our financial statements as they reduce the number of shares that would have been issued upon vesting (see Note 15 to the Consolidated Financial Statements).
Stock Performance Graph
The information contained in this Stock Performance Graph section shall not be deemed to be “soliciting material” or “filed” or incorporated by reference in future filings with the SEC, or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, except to the extent that Cisco specifically incorporates it by reference into a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.
The following graph shows a five-year comparison of the cumulative total shareholder return on Cisco common stock with the cumulative total returns of the S&P 500 Index, and the S&P Information Technology Index. The graph tracks the performance of a $100 investment in the Company’s common stock and in each of the indexes (with the reinvestment of all dividends) on the date specified. Shareholder returns over the indicated period are based on historical data and should not be considered indicative of future shareholder returns.
Comparison of 5-Year Cumulative Total Return Among Cisco Systems, Inc.,
the S&P 500 Index, and the S&P Information Technology Index

| July 2015 | July 2016 | July 2017 | July 2018 | July 2019 | July 2020 | ||||||||||||||||||
| Cisco Systems, Inc. | $ | 100.00 | $ | 111.26 | $ | 118.93 | $ | 165.80 | $ | 226.27 | $ | 191.66 | |||||||||||
| S&P 500 | $ | 100.00 | $ | 106.87 | $ | 124.10 | $ | 144.26 | $ | 158.02 | $ | 171.27 | |||||||||||
| S&P Information Technology | $ | 100.00 | $ | 110.10 | $ | 143.32 | $ | 185.90 | $ | 216.69 | $ | 280.40 |
Previous: Item 4. Mine Safety Disclosures · Next: Item 6. Selected Financial Data