Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
2K characters. Original on sec.gov · Markdown
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is traded on The Nasdaq Global Select Market® under the symbol “DLTR.” As of March 16, 2020, we had 2,377 shareholders of record.
During fiscal 2019, we repurchased 1,967,355 shares of common stock on the open market at an average cost of $101.66 per share and a total cost of approximately $200.0 million. None of such repurchases occurred in the fourth quarter of fiscal 2019. We did not repurchase any shares of common stock on the open market in fiscal 2018 or fiscal 2017. At February 1, 2020, we had $800.0 million remaining under Board repurchase authorization.
We anticipate that substantially all of our cash flow from operations in the foreseeable future will be retained for the development and expansion of our business, the repayment of indebtedness and, as authorized by our Board of Directors, the repurchase of stock. Management does not anticipate paying dividends on our common stock in the foreseeable future.
Stock Performance Graph
The following graph sets forth the yearly percentage change in the cumulative total shareholder return on our common stock during the five fiscal years ended February 1, 2020, compared with the cumulative total returns of the S&P 500 Index and the S&P Retailing Index. The comparison assumes that $100 was invested in our common stock on January 31, 2015, and, in each of the foregoing indices on January 31, 2015, and that dividends were reinvested. The stock price performance shown in the graph is not necessarily indicative of future price performance.

| Year Ended | ||||||||||||||||||
| January 31, 2015 | January 30, 2016 | January 28, 2017 | February 3, 2018 | February 2, 2019 | February 1, 2020 | |||||||||||||
| Dollar Tree, Inc. | $ | 100.00 | $ | 114.37 | $ | 104.15 | $ | 153.07 | $ | 135.99 | $ | 122.46 | ||||||
| S&P 500 Index | 100.00 | 99.33 | 119.24 | 150.73 | 147.24 | 179.17 | ||||||||||||
| S&P Retailing Index | 100.00 | 118.07 | 140.38 | 203.32 | 216.05 | 253.36 |
Previous: Item 4. Mine Safety Disclosures · Next: Item 6. Selected Financial Data