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
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Market Information
Our common stock is traded on the New York Stock Exchange under the symbol "DG." The high and low sales prices during each quarter in fiscal 2015 and 2014 were as follows:
| 2015 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | |||||||||
| High | $ | 76.99 | $ | 81.42 | $ | 81.15 | $ | 75.14 | |||||
| Low | $ | 65.86 | $ | 71.44 | $ | 64.66 | $ | 59.75 |
| 2014 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | |||||||||
| High | $ | 61.18 | $ | 65.99 | $ | 65.10 | $ | 71.78 | |||||
| Low | $ | 54.43 | $ | 53.00 | $ | 55.48 | $ | 62.50 |
On March 15, 2016, our stock price at the close of the market was $85.04 and there were approximately 1,874 shareholders of record of our common stock.
Dividends
On March 8, 2016, our Board of Directors declared a quarterly cash dividend of $0.25 per share, to be paid on April 12, 2016 to shareholders of record of our common stock on March 29, 2016. We paid quarterly cash dividends of $0.22 per share in 2015. Prior to March 2015, we had not declared or paid recurring dividends since March 2007. While the Board intends to continue regular quarterly cash dividends, the declaration and payment of future cash dividends are subject to the Board's discretion based on an evaluation of our earnings performance, financial condition, capital needs and other relevant factors.
Issuer Purchases of Equity Securities
The following table contains information regarding purchases of our common stock made during the quarter ended January 29, 2016 by or on behalf of Dollar General or any "affiliated purchaser," as defined by Rule 10b-18(a)(3) of the Securities Exchange Act of 1934:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(a) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs(a) | |||||||||
| 10/31/15 - 11/30/15 | — | $ | — | — | $ | 214,007,000 | |||||||
| 12/01/15 - 12/31/15 | 4,128,913 | $ | 70.29 | 4,128,913 | $ | 923,803,000 | |||||||
| 01/01/16 - 01/29/16 | — | $ | — | — | $ | 923,803,000 | |||||||
| Total | 4,128,913 | $ | 70.29 | 4,128,913 | $ | 923,803,000 |
(a)
A $500 million share repurchase program was publicly announced on September 5, 2012, and increases in the authorization under such program were announced on March 25, 2013 ($500 million increase), December 5, 2013 ($1.0 billion increase), March 12, 2015 ($1.0 billion increase) and December 3, 2015 ($1.0 billion increase). Under the authorization, purchases may be made in the open market or in privately negotiated transactions from time to time subject to market and other conditions. This repurchase authorization has no expiration date.
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