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
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Market Information, Holders, and Dividends
The Company’s Common Stock, $.01 par value, is traded on the New York Stock Exchange (“NYSE”) (Symbol: MLM). Information concerning stock prices and dividends paid is included under the caption “Quarterly Performance (Unaudited)” of the 2017 Annual Report, and that information is incorporated herein by reference. There were 912 holders of record of the Company’s Common Stock as of February 9, 2018.
Recent Sales of Unregistered Securities
None.
Table of Contents
Issuer Purchases of Equity Securities
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(1) | Maximum Number of Shares that May Yet be Purchased Under the Plans or Programs | ||||||||||||
| October 1, 2017 – October 31, 2017 | 457,742 | $ | 218.46 | 457,742 | 14,668,891 | |||||||||||
| November 1, 2017 – November 30, 2017 | 0 | $ | — | 0 | 14,668,891 | |||||||||||
| December 1, 2017 – December 31, 2017 | 0 | $ | — | 0 | 14,668,891 | |||||||||||
| Total | 457,742 | $ | 218.46 | 457,742 | 14,668,891 |
| (1) | The Company’s stock repurchase program, which currently authorizes the repurchase of 20 million shares of common stock, is approved by the Company’s Board of Directors from time to time, and updated as appropriate by the Board, and announced to the public by press release. The latest announcement on this topic was the Company’s press release dated February 10, 2015 that its Board of Directors had authorized the repurchase of up to 20 million shares of its outstanding common stock, which included 5 million shares authorized under the Company’s previous share repurchase program. Previous press releases announcing prior share repurchase programs and the related amounts of common stock included under the share repurchase authorizations were as follows: (i) press release dated August 15, 2007 (5 million shares); (ii) press release dated February 22, 2006 (5 million shares); and (iii) May 6, 1994 (2.5 million shares). |
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