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.
(a) The Company’s common stock is listed on the New York Stock Exchange. See the information concerning quoted prices of the Company’s common stock, the number of stockholders and the data on dividends declared and paid per share in Notes 29 and 30 to the Consolidated Financial Statements.
(b) Not applicable.
(c) The Company’s purchases of its common stock during the fourth quarter of 2016 were as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
| Maximum | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Total Number of | Number of Shares | ||||||||
| Shares Purchased | that May Yet Be | ||||||||
| Total Number of | as Part of Publicly | Purchased under | |||||||
| Shares | Average Price | Announced Plans | the Plans or | ||||||
| Purchased | Paid Per | or Programs (1) | Programs (1) | ||||||
| Period | (thousands) | Share | (thousands) | (millions) | |||||
| Aug 1 to Aug 31 | 37.4 | ||||||||
| Sept 1 to Sept 30 | 37.4 | ||||||||
| Oct 1 to Oct 31 | 37.4 | ||||||||
| Total |
(1) During the fourth quarter of 2016, the Company had a share repurchase plan that was announced in December 2013 to purchase up to $8,000 million of shares of the Company’s common stock. The maximum number of shares above that may yet be purchased under the $8,000 million plan was based on the end of the fourth quarter closing share price of $87.17 per share. At the end of the fourth quarter, $3,260 million of common stock remains to be purchased under this plan.
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