Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
3K characters. Original on sec.gov · Markdown
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 under the symbol “DE.” The Company has a history of paying quarterly cash dividends. While the Company currently expects a cash dividend to be paid in the future, future dividend payments will depend on the Company’s earnings, capital requirements, financial condition, and other factors considered relevant by the Company’s Board of Directors. See the information concerning the number of stockholders in Note 21 to the Consolidated Financial Statements. |
|---|
| (b) | Not applicable. |
|---|
| (c) | The Company’s purchases of its common stock during the fourth quarter of 2022 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) (2) | ||
| Period | | (thousands) | | Share | | (thousands) | | (millions) | ||
| Aug 1 to Aug 28 | 996 | | $ | 354.90 | 996 | 7.5 | | |||
| Aug 29 to Sept 25 | 888 | | | 366.56 | 888 | 6.7 | | |||
| Sept 26 to Oct 30 | 1,242 | | 355.43 | 1,242 | 5.6 | | ||||
| Total | 3,126 | | | | 3,126 | | | |
| (1) | The Company announced a share repurchase plan in December 2019 to purchase up to $8,000 million of shares of the Company’s common stock. The maximum number of shares that may yet be purchased under this plan was based on the closing share price as at end of the fourth quarter of $396.85 per share. At the end of the fourth quarter of 2022, $2,228 million of common stock remained to be purchased under this plan. |
|---|
| (2) | In December 2022, the Board of Directors authorized the repurchase of up to $18,000 million of additional common stock. This additional repurchase amount may be repurchased after October 30, 2022 and is not included in the amounts above (see Note 28). |
|---|
Previous: Item 4. MINE SAFETY DISCLOSURES. · Next: Item 6. [RESERVED]
Sponsor Sponsor this sector. One slot per industry, shown on every filing in it. Details