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 18, 2025, there were approximately 108,000 holders

of record of our common stock and the last

reported sales price was $77.63.

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 $5.9 billion, authorized by our Board, to the repurchase

program provide for a total of $6.0 billion

(including $500 million authorized on January 27, 2025) of shares of our

common stock to be repurchased under

this program.

Subject to market conditions and other factors, we plan to

continue to accelerate our share repurchase

activity.

As of December 28, 2024,

we had repurchased approximately $5.1 billion of common stock (95,814,454

shares)

under these initiatives, with $380 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 28, 2024:

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)

9/29/2024 through 11/2/2024

564,907

$

70.93

564,907

5,895,367

11/3/2024 through 11/30/2024

441,702

71.32

441,702

4,975,402

12/1/2024 through 12/28/2024

44,530

77.02

44,530

5,395,131

1,051,139

1,051,139

(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 2024 or 2023.

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.

Index to Financial Statements

$50

$100

$150

$200

$250

$300

December 2019

December 2020

December 2021

December 2022

December 2023

December 2024

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 28, 2019, the last trading day before the

beginning of our 2020 fiscal year, through the

end of our 2024 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 28, 2019

ASSUMES DIVIDENDS REINVESTED

December 28,

December 26,

December 25,

December 31,

December 30,

December 28,

2019

2020

2021

2022

2023

2024

Henry Schein, Inc.

$

100.00

$

98.86

$

112.51

$

119.92

$

113.66

$

105.70

Dow Jones U.S. Health

Care Index

100.00

114.06

141.78

136.42

138.99

143.91

NASDAQ Stock Market

Composite Index

100.00

143.44

176.49

119.01

172.14

227.78