filings.toolsItem 4. Mine Safety Disclosures.
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Item 4. Mine Safety Disclosures.
Not applicable.
PART II
| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. |
The principal market for the Company’s common stock is the New York Stock Exchange, but the common stock is also listed on the Chicago Stock Exchange. As of February 14, 2017, there were approximately 7,030 stockholders of record of our common stock and there were 76,248,604 shares outstanding.
The high and low sales prices of the common stock per share and the dividends paid per share during the last two years are as follows:
| 2016 | 2015 | ||||||||||||||||||||||
| High | Low | Dividends | High | Low | Dividends | ||||||||||||||||||
| First Quarter | $ | 84.05 | $ | 67.20 | $ | 0.32 | $ | 78.85 | $ | 69.44 | $ | 0.28 | |||||||||||
| Second Quarter | 87.18 | 77.93 | 0.34 | 80.31 | 73.80 | 0.32 | |||||||||||||||||
| Third Quarter | 95.33 | 79.91 | 0.34 | 79.61 | 66.88 | 0.32 | |||||||||||||||||
| Fourth Quarter | 95.76 | 82.05 | 0.34 | 79.59 | 69.40 | 0.32 |
Our payment of dividends in the future will be determined by our Board of Directors and will depend on business conditions, our earnings and other factors.
For information pertaining to securities authorized for issuance under equity compensation plans and the related weighted average exercise price, see Part III, Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.”
The Company’s purchases of common stock during the quarter ended December 31, 2016 are as follows:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(1) | Maximum Dollar Value that May Yet be Purchased Under the Plans or Programs(1) | |||||||||
| October 1, 2016 to October 31, 2016 | — | $ | — | — | $ | 580,010,084 | |||||||
| November 1, 2016 to November 30, 2016 | — | — | — | 580,010,084 | |||||||||
| December 1, 2016 to December 31, 2016 | — | — | — | 580,010,084 | |||||||||
| Total | — | $ | — | — | $ | 580,010,084 |
| (1) | On December 1, 2015, the Company’s Board of Directors approved an increase of $300.0 million in the authorized level of repurchases of common stock. This followed the prior Board of Directors approved repurchase authorization of $400.0 million that was announced by the Company on November 6, 2014. These authorizations have no expiration date. |
Performance Graph. The following table compares total stockholder returns over the last five years to the Standard & Poor’s (the “S&P”) 500 Index, the S&P Midcap Industrials Sector Index and the Russell 2000 Index assuming the value of the investment in our common stock and each index was $100 on December 31, 2011. Total return values for our common stock, the S&P 500 Index, S&P Midcap Industrials Sector Index and the Russell 2000 Index were calculated on cumulative total return values assuming reinvestment of dividends. The stockholder return shown on the graph below is not necessarily indicative of future performance.
| 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16 | |||||||||||||
| IDEX Corporation | $ | 100.00 | $ | 125.38 | $ | 199.00 | $ | 209.75 | $ | 206.44 | $ | 242.68 | ||||||
| S&P 500 Index | $ | 100.00 | $ | 113.41 | $ | 146.98 | $ | 163.72 | $ | 162.53 | $ | 178.02 | ||||||
| S&P Midcap 400 Industrials Sector Index | $ | 100.00 | $ | 120.51 | $ | 171.67 | $ | 172.18 | $ | 164.81 | $ | 209.44 | ||||||
| Russell 2000 Index | $ | 100.00 | $ | 114.63 | $ | 157.05 | $ | 162.60 | $ | 153.31 | $ | 183.17 |
Previous: Item 3. Legal Proceedings. · Next: Item 6. Selected Financial Data.(1)