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.
Market Information
The common stock of Hewlett Packard Enterprise is listed on the New York Stock Exchange with the ticker symbol “HPE.”
Holders
As of December 9, 2024, there were 43,102 stockholders of record of Hewlett Packard Enterprise common stock.
Dividends
During fiscal 2024, we paid a quarterly dividend of $0.13 per share of common stock to our holders of common stock. On December 5, 2024 we declared a quarterly dividend of $0.13 per share of common stock, payable on January 16, 2025, to stockholders of record as of the close of business on December 20, 2024.
We also declared a cash dividend of $0.82604167 per share of our 7.625% Series C Mandatory Convertible Preferred Stock (the “Preferred Stock”), which was paid on December 1, 2024, to holders of record as of the close of business on November 15, 2024.
The payment of any dividends in the future on shares of our common stock and our Preferred Stock, and the timing and amount thereof, is within the sole discretion of our Board of Directors. Our Board of Directors' decisions regarding the payment of dividends will depend on many factors, such as our financial condition, earnings, capital requirements, debt service obligations, restrictive covenants in our debt, industry practice, legal requirements, regulatory constraints, and other factors that our Board of Directors deems relevant. Our ability to pay dividends will depend on our ongoing ability to generate cash from operations and on our access to the capital markets. Furthermore, so long as any share of our Preferred Stock remains outstanding, no dividend on shares of common stock (or any other class of stock junior to the Preferred Stock) shall be declared or paid unless all accumulated and unpaid dividends for all preceding dividend periods for the Preferred Stock have been declared and paid in full in cash, shares of our common stock or a combination thereof, or a sufficient sum of cash or number of shares of our common stock has been set apart for the payment of such dividends, on all outstanding shares of the Preferred Stock. We cannot guarantee that we will continue to pay a dividend in any future period.
Issuer Purchases of Equity Securities
| Fourth Quarter of Fiscal 2024 | Total Number of Shares Purchased and Settled | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs | ||||||||||||||||||||||
| In thousands, except per share amounts | ||||||||||||||||||||||||||
| Month 1 (August 2024) | 115 | $ | 19.84 | 115 | $ | 861,886 | ||||||||||||||||||||
| Month 2 (September 2024) | — | — | — | 861,886 | ||||||||||||||||||||||
| Month 3 (October 2024) | 2,363 | 20.35 | 2,363 | $ | 813,792 | |||||||||||||||||||||
| Total | 2,478 | $ | 20.33 | 2,478 |
On October 13, 2015, the Company's Board of Directors approved a share repurchase program with a $3.0 billion authorization, which was refreshed with additional share repurchase authorizations of $3.0 billion, $5.0 billion and $2.5 billion on May 24, 2016, October 16, 2017 and February 21, 2018, respectively. This program, which does not have a specific expiration date, authorizes repurchases in the open market or in private transactions. The Company may choose to repurchase shares when sufficient liquidity exists and the shares are trading at a discount relative to estimated intrinsic value. As of October 31, 2024, the Company had a remaining authorization of approximately $0.8 billion for future share repurchases.
Stock Performance Graph and Cumulative Total Return
The graph below shows a comparison of cumulative total stockholder return, the S&P 500 Index, and the S&P Information Technology Index. This graph covers the period from October 31, 2019 through October 31, 2024. This graph assumes the investment of $100 in the stock or the index on October 31, 2019 (and the reinvestment of dividends thereafter).
The comparisons in the graph below are based on historical data and are not indicative of, or intended to forecast, future performance of our common stock.

| 10/2019 | 10/2020 | 10/2021 | 10/2022 | 10/2023 | 10/2024 | ||||||||||||||||||||||||||||||
| Hewlett Packard Enterprise | $ | 100.00 | $ | 54.88 | $ | 96.26 | $ | 96.84 | $ | 107.55 | $ | 140.18 | |||||||||||||||||||||||
| S&P 500 Index | $ | 100.00 | $ | 109.70 | $ | 156.75 | $ | 133.82 | $ | 147.36 | $ | 203.35 | |||||||||||||||||||||||
| S&P Information Technology Index | $ | 100.00 | $ | 134.47 | $ | 197.56 | $ | 157.53 | $ | 206.12 | $ | 311.72 |
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