Item 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

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
2019
High	$	237.29	$	237.95	$	284.32	$	305.38
Low	$	210.11	$	188.31	$	228.43	$	266.06

2018
High	$	200.31	$	209.02	$	217.36	$	229.98
Low	$	155.88	$	183.89	$	184.48	$	195.69

Holders of Record – As of October 24, 2019, we had approximately 199,571 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, 2019, was $253.22 per share as reported on the NYSE.

Dividends - During fiscal years 2019 and 2018, 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 2019
First Quarter	$	0.64	November 30, 2018	$	24,372	December 18, 2018
Second Quarter	$	0.64	February 28, 2019	$	24,385	March 19, 2019
Third Quarter	$	0.72	May 31, 2019	$	27,506	June 18, 2019
Fourth Quarter	$	0.72	August 30, 2019	$	27,445	September 19, 2019

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

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

There were no sales of unregistered equity securities during fiscal 2019.

(c)	Issuer Purchases of Equity Securities

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, 2019:

(in thousands, except per share data)

Period		Average price paid per share			Maximum number of shares (or approximate dollar value) that may yet be purchased under the plans or programs(2)
June 2019	28,421	$	285.92	25,000	$	292,465	(3)
July 2019	102,629	$	283.86	102,500	$	263,370
August 2019	90,242	$	275.02	90,000	$	238,619
	221,292			217,500

	(1)	Includes 217,500 shares purchased under the existing stock repurchase program, as well as 3,792 shares repurchased from employees to cover their cost of taxes upon vesting of restricted stock.

	(2)	Repurchases may be made from time to time in the open market and privately negotiated transactions, subject to market conditions. There is no defined number of shares to be repurchased over a specified timeframe through the life of the share repurchase program. It is expected that share repurchases will be paid using existing and future cash generated by operations.

	(3)	The amount included in the Maximum number of shares that may yet be purchased under the plans or programs column for June 2019, includes a $210.0 million expansion of the existing share repurchase program as approved by the Board of Directors of FactSet on June 24, 2019.

Securities Authorized for Issuance under Equity Compensation Plans – see Part III of this Report on Form 10-K

Stock Performance Graph

The annual changes for the five-year period shown in the graph below assume $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, 2014. The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 31, 2019. Stockholder returns over the indicated period are based on historical data and should not be considered indicative of future stockholder returns.

	2014		2015		2016		2017		2018		2019
FactSet Research Systems Inc.	$	100	$	124	$	140	$	123	$	180	$	214
S&P 500 Index	$	100	$	98	$	108	$	123	$	145	$	146
NYSE Composite Index	$	100	$	92	$	97	$	108	$	118	$	115
Dow Jones U.S. Financial Services Index	$	100	$	104	$	105	$	132	$	161	$	155

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 filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.

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