Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of

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 tier of

the Nasdaq Stock Market, or Nasdaq,

under the symbol HSIC.

On February 20, 2024, there were approximately 107,000 holders

of record of our common stock and the last

reported sales price was $75.64.

A substantially greater number of holders of our common stock are “street

name”

or beneficial holders, whose shares are held by banks, brokers and other financial

institutions.

Purchases of Equity Securities by the Issuer

Our share repurchase program, announced on March 3, 2003, originally

allowed us to repurchase up to two million

shares pre-stock splits (eight million shares post-stock splits) of our common

stock, which represented

approximately 2.3% of the shares outstanding at the commencement

of the program.

Subsequent additional

increases totaling $4.9 billion, authorized by our Board, to the repurchase

program provide for a total of $5.0 billion

(including $400 million authorized on February 8, 2023) of shares

of our common stock to be repurchased under

this program.

As of December 30, 2023,

we had repurchased approximately $4.7 billion of common stock (90,394,805

shares)

under these initiatives, with $265 million available for future common stock

share repurchases.

The following table summarizes repurchases of our common stock

under our stock repurchase program during the

fiscal quarter ended December 30, 2023:

Total Number

Maximum Number

Total

of Shares

of Shares

Number

Average

Purchased as Part

that May Yet

of Shares

Price Paid

of Our Publicly

Be Purchased Under

Fiscal Month

Purchased (1)

Per Share

Announced Program

Our Program (2)

10/1/2023 through 11/4/2023

-

-

-

5,048,074

11/5/2023 through 12/2/2023

-

-

-

4,529,764

12/3/2023 through 12/30/2023

692,441

$

72.32

692,441

3,499,205

692,441

692,441

(1)

All repurchases were executed in the open market under our existing publicly announced authorized program.

(2)

The maximum number of shares that may yet be purchased under this program is determined at the end of each month based on the

closing price of our common stock at that time.

This table excludes shares withheld from employees to satisfy minimum tax

withholding requirements for equity-based transactions.

Dividend Policy

We have not declared any cash or stock dividends on our common stock during fiscal years 2023 or 2022.

We

currently do not anticipate declaring any cash or stock dividends on our common

stock in the foreseeable future.

We intend to retain earnings to finance the expansion of our business and for general corporate purposes, including

our share repurchase program.

Any declaration of dividends will be at the discretion of our Board and

will depend

upon the earnings, financial condition, capital requirements, level

of indebtedness, contractual restrictions with

respect to payment of dividends and other factors.

$50

$100

$150

$200

$250

$300

December

2018

December

2019

December

2020

December

2021

December

2022

December

2023

Henry Schein, Inc.

Dow Jones US Health Care Index

NASDAQ Composite Index

Stock Performance Graph

The graph below compares the cumulative total stockholder return

on $100 invested, assuming the reinvestment of

all dividends, on December 29, 2018, the last trading day before the

beginning of our 2019 fiscal year, through the

end of our 2023 fiscal year with the cumulative total return on $100

invested for the same period in the Dow Jones

U.S. Health Care Index and the Nasdaq Stock Market Composite Index.

COMPARISON OF 5-YEAR CUMULATIVE TOTAL

RETURN

ASSUMES $100 INVESTED ON DECEMBER 29, 2018

ASSUMES DIVIDENDS REINVESTED

December 29,

December 28,

December 26,

December 25,

December 31,

December 30,

2018

2019

2020

2021

2022

2023

Henry Schein, Inc.

$

100.00

$

110.31

$

109.05

$

124.11

$

132.28

$

125.37

Dow Jones U.S. Health

Care Index

100.00

123.48

140.83

175.06

168.44

171.61

NASDAQ Stock Market

Composite Index

100.00

138.27

198.34

244.03

164.56

238.01