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
Issuer Common Equity
MetLife, Inc.’s common stock, par value $0.01 per share, began trading on the New York Stock Exchange under the symbol “MET” on April 5, 2000.
At February 14, 2023, there were 73,182 stockholders of record of our common stock.
See Item 12 for information about our equity compensation plans.
Issuer Purchases of Equity Securities
Purchases of MetLife, Inc. common stock made by or on behalf of MetLife, Inc. or its affiliates during the quarter ended December 31, 2022 are set forth below:
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2) | ||||||||||||||||||||||
| October 1 - October 31, 2022 | 2,790,495 | $63.24 | 2,790,495 | $1,625,053,649 | ||||||||||||||||||||||
| November 1 - November 30, 2022 | 2,301,836 | $74.94 | 2,301,836 | $1,452,554,390 | ||||||||||||||||||||||
| December 1 - December 31, 2022 | 3,373,502 | $73.37 | 3,373,371 | $1,205,055,962 | ||||||||||||||||||||||
| Total | 8,465,833 | 8,465,702 |
(1)During the periods October 1 through October 31, 2022, November 1 through November 30, 2022 and December 1 through December 31, 2022, separate account index funds purchased 0 shares, 0 shares and 131 shares, respectively, of MetLife, Inc. common stock on the open market in non-discretionary transactions.
(2)In May 2022, MetLife, Inc. announced that its Board of Directors authorized $3.0 billion of common stock repurchases. At December 31, 2022, MetLife, Inc. had $1.2 billion of common stock repurchases remaining under the authorization. For more information on common stock repurchases, see “Risk Factors — Capital Risks — We May Not be Able to Pay Dividends or Repurchase Our Stock Due to Legal and Regulatory Restrictions or Cash Buffer Needs,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources — The Company — Liquidity and Capital Uses — Common Stock Repurchases” and Note 16 of the Notes to the Consolidated Financial Statements.
Common Stock Performance Graph
The graph and table below compare the total return on our common shares with the total return on the S&P Global Ratings (“S&P”) 500, S&P 500 Insurance, S&P 500 Financials and S&P 500 Life & Health Insurance indices, respectively, for the five-year period ended on December 31, 2022. The graph and table show the total return on a hypothetical $100 investment in our common shares and in each index, respectively, on December 31, 2017, including the reinvestment of all dividends. We have added the S&P 500 Life & Health Insurance Index to this Annual Report on Form 10-K, as the companies in this index comprise a more relevant comparator group in terms of business, scale, performance drivers, and competition for investor capital than the other indices included in the graph and table below. The graph and table below shall not be deemed to be “soliciting material” or to be “filed,” or to be incorporated by reference in future filings with the SEC, or to be subject to the liabilities of Section 18 of the Exchange Act, except to the extent that we specifically incorporate it by reference into a document filed under the Securities Act or the Exchange Act.

| As of December 31, | ||||||||||||||||||||||||||||||||||||||
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |||||||||||||||||||||||||||||||||
| MetLife, Inc. common stock | $ | 100.00 | $ | 84.23 | $ | 108.53 | $ | 104.82 | $ | 144.05 | $ | 171.75 | ||||||||||||||||||||||||||
| S&P 500 | 100.00 | 95.62 | 125.72 | 148.85 | 191.58 | 156.88 | ||||||||||||||||||||||||||||||||
| S&P 500 Insurance | 100.00 | 88.79 | 114.88 | 114.38 | 151.12 | 166.42 | ||||||||||||||||||||||||||||||||
| S&P 500 Financials | 100.00 | 86.97 | 114.91 | 112.96 | 152.54 | 136.48 | ||||||||||||||||||||||||||||||||
| S&P 500 Life & Health Insurance | 100.00 | 79.23 | 97.60 | 88.35 | 120.76 | 133.25 |
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