filings.toolsItem 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 Class P common stock is listed for trading on the NYSE under the symbol “KMI.” The high and low sale prices per Class P share as reported on the NYSE and the dividends declared per share by period for 2016, 2015 and 2014, are provided below.
| Price Range | Declared Cash Dividends(a) | ||||||||||
| Low | High | ||||||||||
| 2016 | |||||||||||
| First Quarter | $ | 11.20 | $ | 19.32 | $ | 0.125 | |||||
| Second Quarter | 16.63 | 19.40 | 0.125 | ||||||||
| Third Quarter | 17.95 | 23.20 | 0.125 | ||||||||
| Fourth Quarter | 19.43 | 23.36 | 0.125 | ||||||||
| 2015 | |||||||||||
| First Quarter | $ | 39.45 | $ | 42.93 | $ | 0.48 | |||||
| Second Quarter | 38.33 | 44.71 | 0.49 | ||||||||
| Third Quarter | 25.81 | 38.58 | 0.51 | ||||||||
| Fourth Quarter | 14.22 | 32.89 | 0.125 | ||||||||
| 2014 | |||||||||||
| First Quarter | $ | 30.81 | $ | 36.45 | $ | 0.42 | |||||
| Second Quarter | 32.10 | 36.50 | 0.43 | ||||||||
| Third Quarter | 35.20 | 42.49 | 0.44 | ||||||||
| Fourth Quarter | 33.25 | 43.18 | 0.45 |
| (a) | Dividend information is for dividends declared with respect to that quarter. Generally, our declared dividends for our Class P common stock are paid on or about the 15th day of each February, May, August and November. |
As of February 9, 2017, we had 12,386 holders of our Class P common stock, which does not include beneficial owners whose shares are held by a nominee, such as a broker or bank.
For information on our equity compensation plans, see Note 10 “Share-based Compensation and Employee Benefits—Share-based Compensation” to our consolidated financial statements.
On June 12, 2015, we announced that our board of directors had approved a warrant repurchase program authorizing us to repurchase up to $100 million of warrants. As of December 31, 2016, we had approximately $90 million of remaining approved funds under this warrant repurchase program. The warrants expire on May 25, 2017.
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