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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

Our common stock is listed and traded on the NASDAQ Global Select Market under the symbol “KLAC.”

On August 5, 2021, we announced that our Board of Directors had declared a quarterly cash dividend of $1.05 per share to be paid on September 1, 2021 to stockholders of record as of the close of business on August 16, 2021.

As of July 19, 2021, there were 386 holders of record of our common stock.

Equity Repurchase Plans

The following is a summary of stock repurchases for each month during the fourth quarter of the fiscal year ended June 30, 2021.

PeriodTotal Number of Shares Purchased**(1)**Average Price Paid per ShareApproximate Dollar Value that May Yet Be Purchased Under the Plans or Programs**(1)(2)**
April 1, 2021 to April 30, 2021187,324$336.30$329,783,026
May 1, 2021 to May 31, 2021451,806$306.12$191,476,678
June 1, 2021 to June 30, 2021311,123$316.51$93,001,941
Total950,253$315.47

(1)Our Board of Directors has authorized a program that permits us to repurchase up to $3.00 billion of our common stock. As of June 30, 2021, approximately $93 million remained available for repurchases under this repurchase program.

(2)The stock repurchase program has no expiration date and may be suspended at any time. Future repurchases of our common stock under our repurchase program may be effected through various different repurchase transaction structures, including isolated open market transactions or systematic repurchase plans.

Stock Performance Graph and Cumulative Total Return

Notwithstanding any statement to the contrary in any of our previous or future filings with the SEC, the following information relating to the price performance of our common stock shall not be deemed “filed” with the Commission under the Securities Exchange Act of 1934 and shall not be incorporated by reference into any such filings.

The following graph compares the cumulative 5-year total return attained by stockholders on our common stock relative to the cumulative total returns of the S&P 500 Index and the Philadelphia Semiconductor Index (“PHLX”). The graph tracks the performance of a $100 investment in our common stock and in each of the indices (with the reinvestment of all dividends) from June 30, 2016 to June 30, 2021.

klac-20210630_g1.jpg

June 2016June 2017June 2018June 2019June 2020June 2021
KLA Corporation$100.00$128.28$147.27$174.63$293.31$495.74
S&P 500$100.00$117.90$134.84$148.89$160.06$225.36
PHLX Semiconductor$100.00$152.21$196.53$222.68$310.27$526.91

Our fiscal year ends June 30. The comparisons in the graph above are based upon historical data and are not necessarily indicative of, nor intended to forecast, future stock price performance.

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