Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information and Dividends

The principal market in which Dover common stock is traded is the New York Stock Exchange.

Holders

The number of holders of record of Dover common stock as of February 4, 2020 was approximately 18,689. This figure includes participants in our domestic 401(k) program.

Securities Authorized for Issuance Under Equity Compensation Plans

Information relating to securities authorized for issuance under our equity compensation plans is contained in Part III, Item 12 of this Form 10-K.

Recent Sales of Unregistered Securities

None.

Issuer Purchases of Equity Securities

During the year ended December 31, 2019, under our February 2018 standing share repurchase authorization, the Company purchased 1,343,622 shares of common stock at a total cost of $143.3 million or $106.64 per share. As of December 31, 2019, 8,360,044 shares remain authorized for repurchase.

The total number of shares purchased by month during the fourth quarter of 2019 were as follows:


	Total Number of Shares Purchased	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number (or Approximate Dollar Value in Thousands) of Shares that May Yet Be Purchased under the Plans or Program
Period					February 2018 Program
October 1 to October 31	—	$	—	—	9,441,859
November 1 to November 30	523,744	109.53		523,744	8,918,115
December 1 to December 31	558,071	112.23		558,071	8,360,044
For the Fourth Quarter	1,081,815	$	110.92	1,081,815	8,360,044

Performance Graph

This performance graph does not constitute soliciting material, is not deemed filed with the Securities and Exchange Commission ("SEC"), and is not incorporated by reference in any of our filings under the Securities Act of 1933 or the Exchange Act of 1934, whether made before or after the date of this Form 10-K and irrespective of any general incorporation language in any such filing, except to the extent we specifically incorporate this performance graph by reference therein.

Comparison of Five-Year Cumulative Total Return +

Dover Corporation, S&P 500 Index, Old & New Peer Group Index

Total Shareholder Returns

Data Source: Research Data Group, Inc

+Total return assumes reinvestment of dividends.

This graph assumes $100 invested on December 31, 2014 in Dover common stock, the S&P 500 index and an old and new peer group index.

The 2019 peer index consists of the following 30 public companies selected by Dover.


3M Company	Flowserve Corporation	Nordson Corp.
Actuant Corp.	Fortive Corp.	Parker-Hannifin Corp.
AMETEK Inc.	Gardner Denver Holdings Inc.	Pentair PLC
Carlisle Companies Inc.	Honeywell International Inc.	Regal Beloit Corp.
Colfax Corp.	IDEX Corporation	Rockwell Automation Inc.
Corning Inc.	Illinois Tool Works Inc.	Snap-On Inc.
Crane Company	Ingersoll-Rand PLC	SPX Flow Inc.
Danaher Corporation	ITT Inc.	Teledyne Technologies Inc.
Eaton Corporation Plc	Johnson Controls International PLC	Textron Inc.
Emerson Electric Co.	Lennox International Inc.	The Timken Company

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