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
Market Information
Our common stock is traded on the New York Stock Exchange under the symbol “DG.” On March 18, 2019, there were approximately 2,556 shareholders of record of our common stock.
Dividends
We resumed the payment of quarterly cash dividends in 2015. Our Board of Directors most recently increased the amount of the quarterly cash dividend to $0.32 beginning with the dividend payable on April 23, 2019. While our Board of Directors currently expects to continue regular quarterly cash dividends, the declaration and amount of future cash dividends are subject to the Board’s sole discretion and will depend upon, among other things, our results of operations, cash requirements, financial condition, contractual restrictions and other factors that the Board may deem relevant in its sole discretion.
Issuer Purchases of Equity Securities
The following table contains information regarding purchases of our common stock made during the quarter ended February 1, 2019 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:
| Total Number | Approximate | ||||||||||
| of Shares | Dollar Value | ||||||||||
| Purchased | of Shares that May | ||||||||||
| Total Number | Average | as Part of Publicly | Yet Be Purchased | ||||||||
| of Shares | Price Paid | Announced Plans | Under the Plans | ||||||||
| Period | Purchased | per Share | or Programs(a) | or Programs(a) | |||||||
| 11/03/18-11/30/18 | — | $ | — | — | $ | 706,116,000 | |||||
| 12/01/18-12/31/18 | 3,027,556 | $ | 104.04 | 3,027,556 | $ | 391,132,000 | |||||
| 01/01/19-02/01/19 | 407,492 | $ | 110.45 | 407,492 | $ | 346,124,000 | |||||
| Total | 3,435,048 | $ | 104.80 | 3,435,048 | $ | 346,124,000 |
| (a) | On September 5, 2012, the Company announced a program permitting the Company to repurchase a portion of its outstanding shares not to exceed a dollar maximum established by the Company’s Board of Directors. The program was most recently amended on March 13, 2019 to increase the repurchase authorization by $1.0 billion, bringing the total value of authorized share repurchases under the program to $7.0 billion. 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. |
|---|
Previous: Item 4. MINE SAFETY DISCLOSURES · Next: Item 6. SELECTED FINANCIAL DATA