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
| (a) | Market Information, Holders and Dividends |
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Market Information – Our common stock is listed on the New York Stock Exchange (“NYSE”) and the NASDAQ Stock Market under the symbol FDS. The following table sets forth, for each fiscal period indicated, the high and low sales prices per share of our common stock as reported on the NYSE:
| First**** | Second**** | Third**** | Fourth**** | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | ||||||||||||||||
| High | $ | 200.31 | $ | 209.02 | $ | 217.36 | $ | 229.98 | ||||||||
| Low | $ | 155.88 | $ | 183.89 | $ | 184.48 | $ | 195.69 | ||||||||
| 2017 | ||||||||||||||||
| High | $ | 183.17 | $ | 183.64 | $ | 182.56 | $ | 172.22 | ||||||||
| Low | $ | 150.95 | $ | 157.56 | $ | 156.92 | $ | 155.09 |
Holders of Record – As of October 24, 2018, we had approximately 177,777 holders of record of our common stock. However, because many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. The closing price of our common stock on October 24, 2018, was $215.30 per share as reported on the NYSE.
Dividends - During fiscal years 2018 and 2017, our Board of Directors declared the following dividends on our common stock:
| Year Ended | Dividends per Share of Common Stock | Record Date | Total $ Amount (in thousands) | Payment Date | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fiscal 2018 | ||||||||||
| First Quarter | $ | 0.56 | November 30, 2017 | $ | 21,902 | December 19, 2017 | ||||
| Second Quarter | $ | 0.56 | February 28, 2018 | $ | 21,799 | March 20, 2018 | ||||
| Third Quarter | $ | 0.64 | May 31, 2018 | $ | 24,566 | June 19, 2018 | ||||
| Fourth Quarter | $ | 0.64 | August 31, 2018 | $ | 24,443 | September 18, 2018 | ||||
| Fiscal 2017 | ||||||||||
| First Quarter | $ | 0.50 | November 30, 2016 | $ | 19,852 | December 20, 2016 | ||||
| Second Quarter | $ | 0.50 | February 28, 2017 | $ | 19,709 | March 21, 2017 | ||||
| Third Quarter | $ | 0.56 | May 31, 2017 | $ | 21,951 | June 20, 2017 | ||||
| Fourth Quarter | $ | 0.56 | August 31, 2017 | $ | 21,853 | September 19, 2017 |
All the above cash dividends were paid from existing cash resources on a quarterly basis. Future dividend payments will depend on our earnings, capital requirements, financial condition and other factors considered relevant by us, and is subject to final determination by our Board of Directors.
| (b) | Recent Sales of Unregistered Securities |
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There were no sales of unregistered equity securities during fiscal 2018.
| (c) | Issuer Purchases of Equity Securities |
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The following table provides a month-to-month summary of the share repurchase activity under the current stock repurchase program during the three months ended August 31, 2018 (in thousands, except per share data):
| Period | 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 of shares (or approximate dollar value) that may yet be purchased under the plans or programs (1) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2018 | 49,975 | $ | 199.10 | 49,975 | $ | 299,325 | ||||||||||
| July 2018 | 214,503 | $ | 204.09 | 214,503 | $ | 255,548 | ||||||||||
| August 2018 | 65,000 | $ | 212.27 | 65,000 | $ | 241,750 | ||||||||||
| 329,478 | 329,478 |
| (1) | Repurchases may b__e made from time to time in the open market and privately negotiated transactions, subject to market conditions. No minimum number of shares to be repurchased has been fixed. There is no timeframe to complete the repurchase program and it is expected that share repurchases will be paid using existing and future cash generated by operations. |
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Securities Authorized for Issuance u__nder Equity Compensation Plans – see Part III of this Report on Form 10-K
Stock P****erformance G****raph
The annual changes for the five-year period shown in the graph below are based on the assumption that $100 had been invested in our common stock, the Standard & Poor’s 500 Index, the NYSE Composite Index and the Dow Jones U.S. Financial Services Index on August 31, 2013. The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 31, 2018. Stockholder returns over the indicated period are based on historical data and should not be considered indicative of future stockholder returns.
| 2013**** | 2014**** | 2015**** | 2016**** | 2017**** | 2018**** | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FactSet Research Systems Inc. | $ | 100 | $ | 124 | $ | 154 | $ | 174 | $ | 154 | $ | 224 | ||||||||||||
| S&P 500 Index | $ | 100 | $ | 123 | $ | 121 | $ | 133 | $ | 151 | $ | 178 | ||||||||||||
| NYSE Composite Index | $ | 100 | $ | 119 | $ | 110 | $ | 116 | $ | 128 | $ | 140 | ||||||||||||
| Dow Jones U.S. Financial Services Index | $ | 100 | $ | 119 | $ | 124 | $ | 125 | $ | 157 | $ | 191 |
The information contained in the above graph shall not be deemed to be soliciting material or filed or incorporated by reference in future filings with the SEC, or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, except to the extent that FactSet specifically incorporates it by reference into a document f__iled under the Securities Act of 1933 or the Securities Exchange Act of 1934.
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