filings.toolsItem 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
Dominion Energy
Dominion Energy’s common stock is listed on the NYSE under the ticker symbol D. At February 14, 2020, there were approximately 134,000 record holders of Dominion Energy’s common stock. The number of record holders is comprised of individual shareholder accounts maintained on Dominion Energy’s transfer agent records and includes accounts with shares held in (1) certificate form, (2) book-entry in the Direct Registration System and (3) book-entry under Dominion Energy Direct
®
. Discussions of expected dividend payments required by this Item are contained in
Liquidity and Capital Resources
in Item 7. MD&A.
The following table presents certain information with respect to Dominion Energy’s common stock repurchases during the fourth quarter of 2019:
| Dominion Energy Purchases Of Equity Securities | ||||||||||||||||
| Period | Total Number of Shares (or Units) Purchased (1) | Average Price Paid per Share (or Unit) (2) | Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased under the Plans or Programs (3) | ||||||||||||
| 10/1/19-10/31/19 | 31,435 | $81.22 | — | 19,629,059 shares/$ | 1.18 billion | |||||||||||
| 11/1/19-11/30/19 | 401 | 83.08 | — | 19,629,059 shares/$ | 1.18 billion | |||||||||||
| 12/1/19-12/31/19 | 2,429 | 83.11 | — | 19,629,059 shares/$ | 1.18 billion | |||||||||||
| Total | 34,265 | $81.38 | — | 19,629,059 shares/$ | 1.18 billion |
| (1) | Represents shares that were tendered by employees to satisfy tax withholding obligations on vested restricted stock. |
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| (2) | Represents the weighted-average price paid per share. |
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| (3) | The remaining repurchase authorization is pursuant to repurchase authority granted by the Dominion Energy Board of Directors in February 2005, as modified in June 2007. The aggregate authorization granted by the Dominion Energy Board of Directors was 86 million shares (as adjusted to reflect a two-for-one stock split distributed in November 2007) not to exceed $4 billion. |
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Virginia Power
There is no established public trading market for Virginia Power’s common stock, all of which is owned by Dominion Energy. Virginia Power intends to pay quarterly cash dividends in 2020 but is neither required to nor restricted, except as described in Note 21 to the Consolidated Financial Statements, from making such payments.
Dominion Energy Gas
All of Dominion Energy Gas’ membership interests are owned by Dominion Energy. Dominion Energy Gas intends to pay quarterly cash dividends in 2020 but is neither required to nor restricted, except as described in Note 21 to the Consolidated Financial Statements, from making such payments.
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