Item 4. . MINE SAFETY DISCLOSURES

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Item 4. . MINE SAFETY DISCLOSURES

Not applicable.

Table of Contents

PART II

Item 5.MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock is traded on the NASDAQ Global Market under the symbol "MCHP."

Stock Price Performance Graph

The following graph and table show a comparison of the five-year cumulative total stockholder return, calculated on a dividend reinvestment basis, for Microchip Technology Incorporated, the Standard & Poor's (S&P) 500 Stock Index, and the Philadelphia Semiconductor Index.

Comparison of 5 year Cumulative Total Return*

chart-510b2588b24353da8b7.jpg

*$100 invested on March 31, 2014 in stock or index, including reinvestment of dividends

Fiscal year ending March 31.

Copyright © 2017 S&P, a division of McGraw Hill Financial. All rights reserved.

Cumulative Total Return
March 2014March 2015March 2016March 2017March 2018March 2019
Microchip Technology Incorporated100.00105.55107.37168.33212.04195.92
S&P 500 Stock Index100.00112.73114.74134.45153.26167.81
Philadelphia Semiconductor Index100.00120.57119.69182.14243.30260.60

Data acquired by Research Data Group, Inc. (www.researchdatagroup.com)

Table of Contents

On May 14, 2019, there were approximately 564 holders of record of our common stock. This figure does not reflect beneficial ownership of shares held in nominee names.

Refer to "Item 12 - Security Ownership Of Certain Beneficial Owners And Management And Related Stockholder Matters," at page 58 below, for the information required by Item 201(d) of Regulation S-K with respect to securities authorized for issuance under our equity compensation plans at March 31, 2019.

Issuer Purchases of Equity Securities

In May 2015, our Board of Directors authorized the repurchase of up to 20.0 million shares of our common stock in the open market or in privately negotiated transactions. As of March 31, 2016, we had repurchased 8.6 million shares under this authorization for approximately $363.8 million. In January 2016, our Board of Directors authorized an increase in the existing share repurchase program to 15.0 million shares of common stock from the approximately 11.4 million shares remaining under the prior authorization. There were no repurchases of common stock during fiscal 2019. There is no expiration date associated with this repurchase program.

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