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
The Company's common stock is quoted on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “JKHY”. The following table sets forth, for the periods indicated, the high and low sales price per share of the common stock as reported by NASDAQ.
| Fiscal 2017 | Fiscal 2016 | |||||||||||||||
| High | Low | High | Low | |||||||||||||
| Fourth Quarter | $ | 106.46 | $ | 91.50 | $ | 87.27 | $ | 80.44 | ||||||||
| Third Quarter | 95.64 | 88.11 | 86.23 | 73.19 | ||||||||||||
| Second Quarter | 91.06 | 79.00 | 79.92 | 68.31 | ||||||||||||
| First Quarter | 89.89 | 85.00 | 71.75 | 63.84 |
The Company established a practice of paying quarterly dividends at the end of fiscal 1990 and has paid dividends with respect to every quarter since that time. Quarterly dividends per share paid on the common stock for the two most recent fiscal years ended 2017 and 2016 are as follows:
| Fiscal 2017 | Fiscal 2016 | |||||||
| Fourth Quarter | $ | 0.310 | $ | 0.280 | ||||
| Third Quarter | 0.310 | 0.280 | ||||||
| Second Quarter | 0.280 | 0.250 | ||||||
| First Quarter | 0.280 | 0.250 |
The declaration and payment of any future dividends will continue to be at the discretion of our Board of Directors and will depend upon, among other factors, our earnings, capital requirements, contractual restrictions, and operating and financial condition. The Company does not currently foresee any changes in its dividend practices.
On August 16, 2017, there were approximately 94,800 holders of the Company’s common stock, including individual participants in security position listings. On that same date the last sale price of the common shares as reported on NASDAQ was $101.59 per share.
Issuer Purchases of Equity Securities
The following shares of the Company were repurchased during the quarter ended June 30, 2017:
| Total Number of Shares Purchased (1) | Average Price of Share | Total Number of Shares Purchased as Part of Publicly Announced Plans (1) | Maximum Number of Shares that May Yet Be Purchased Under the Plans (2) | |||||||||
| April 1- April 30, 2017 | — | $ | — | — | 4,580,404 | |||||||
| May 1- May 31, 2017 | — | $ | — | — | 4,580,404 | |||||||
| June 1- June 30, 2017 | 250,345 | $ | 105.02 | 250,000 | 4,330,404 | |||||||
| Total | 250,345 | $ | 105.02 | 250,000 | 4,330,404 |
(1) 250,000 shares were purchased through a publicly announced repurchase plan. There were 345 shares surrendered to the Company to satisfy tax withholding obligations in connection with employee restricted stock awards.
(2) Total stock repurchase authorizations approved by the Company's Board of Directors as of February 17, 2015 were for 30.0 million shares. These authorizations have no specific dollar or share price targets and no expiration dates.
Performance Graph
The following chart presents a comparison for the five-year period ended June 30, 2017, of the market performance of the Company’s common stock with the S&P 500 Index and an index of peer companies selected by the Company:
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN
Among Jack Henry & Associates, Inc., the S&P 500 Index, and a Peer Group

The following information depicts a line graph with the following values:
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |||||||
| JKHY | 100.00 | 138.34 | 177.10 | 195.72 | 267.64 | 322.60 | ||||||
| Peer Group | 100.00 | 117.87 | 161.90 | 203.87 | 233.39 | 271.10 | ||||||
| S&P 500 | 100.00 | 120.60 | 150.27 | 161.43 | 167.87 | 197.92 |
This comparison assumes $100 was invested on June 30, 2012, and assumes reinvestments of dividends. Total returns are calculated according to market capitalization of peer group members at the beginning of each period. Peer companies selected are in the business of providing specialized computer software, hardware and related services to financial institutions and other businesses.
Companies in the Peer Group are ACI Worldwide, Inc.; Bottomline Technology, Inc.; Broadridge Financial Solutions; Cardtronics, Inc.; Convergys Corp.; Corelogic, Inc.; DST Systems, Inc.; Euronet Worldwide, Inc.; Fair Isaac Corp.; Fidelity National Information Services, Inc.; Fiserv, Inc.; Global Payments, Inc.; Moneygram International, Inc.; SS&C Technologies Holdings, Inc.; Total Systems Services, Inc.; Tyler Technologies, Inc.; Verifone Systems, Inc.; and WEX, Inc..
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