Item 5. Market for the Company’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
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Item 5. Market for the Company’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The Company’s common stock is listed on the New York, Chicago and London Stock Exchanges. The following table indicates the high and low prices (NYSE composite quotations) of the Company’s common stock during 2021 and 2020 and each quarterly period thereof:
| 2021 Stock Price Range | 2020 Stock Price Range | |||||||||||||||||||||||||
| High | Low | High | Low | |||||||||||||||||||||||
| First Quarter | $122.09 | $106.95 | $119.88 | $74.33 | ||||||||||||||||||||||
| Second Quarter | $141.41 | $121.31 | $111.99 | $78.95 | ||||||||||||||||||||||
| Third Quarter | $162.26 | $137.85 | $120.97 | $106.83 | ||||||||||||||||||||||
| Fourth Quarter | $175.12 | $151.37 | $119.31 | $102.11 | ||||||||||||||||||||||
| Full Year | $175.12 | $106.95 | $120.97 | $74.33 |
In November 2019, the Board of Directors of the Company authorized the Company to repurchase up to $2.5 billion in shares of the Company's common stock, which superseded any prior authorizations. The Company repurchased approximately 7.9 million shares of its common stock for $1.2 billion during 2021. As of December 31, 2021, the Company remained authorized to repurchase up to approximately $1.3 billion in shares of its common stock. There is no time limit on the authorization.
The Company did not repurchase any of its common stock during 2020.
| Period | Total Number of Shares (or Units) Purchased | Average Price Paid per Share (or Unit) | Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs | ||||||||||||||||||||||
| Oct 1-31, 2021 | 1,475,602 | $ | 161.0195 | 1,475,602 | $ | 1,451,375,478 | ||||||||||||||||||||
| Nov 1-30, 2021 | 602,124 | $ | 165.0611 | 602,124 | $ | 1,351,988,213 | ||||||||||||||||||||
| Dec 1-31, 2021 | 517,573 | $ | 170.0475 | 517,573 | $ | 1,263,976,239 | ||||||||||||||||||||
| Total | 2,595,299 | $ | 163.7576 | 2,595,299 | $ | 1,263,976,239 |
As February 10, 2022, there were 4,365 stockholders of record.
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