filings.toolsItem 5. Market for the Company’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
3K characters. Original on sec.gov ·
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 Stock Exchange and NYSE Texas. On January 14, the Company's stock ticker symbol on the NYSE changed to MRSH.
The following table indicates the high and low prices (NYSE composite quotations) of the Company’s common stock in 2025 and 2024, and each quarterly period thereof:
| 2025 Stock Price Range | 2024 Stock Price Range | |||||||||||||||||||||||||
| High | Low | High | Low | |||||||||||||||||||||||
| First Quarter | $245.98 | $207.21 | $209.20 | $188.31 | ||||||||||||||||||||||
| Second Quarter | $248.00 | $209.92 | $216.89 | $196.17 | ||||||||||||||||||||||
| Third Quarter | $219.71 | $195.01 | $232.32 | $209.55 | ||||||||||||||||||||||
| Fourth Quarter | $207.83 | $174.18 | $235.50 | $209.34 | ||||||||||||||||||||||
| Full Year | $248.00 | $174.18 | $235.50 | $188.31 |
The Company has a share repurchase program authorized by the Board of Directors.
In November 2025, the Board of Directors of the Company authorized the Company to repurchase up to $6 billion in shares of the Company's common stock, which superseded any prior authorizations.
The Company repurchased approximately 10.1 million shares of its common stock for $2.0 billion in 2025. At December 31, 2025, the Company remained authorized to repurchase up to approximately $5.7 billion in shares of its common stock. There is no time limit on the authorization.
The Company repurchased approximately 4.3 million shares of its common stock for $900 million in 2024.
The following information relates to the Company's repurchases of equity securities during each month within the fourth quarter of the fiscal year covered by this report:
| 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, 2025 | 1,650,859 | $ | 188.5986 | 1,650,859 | $ | 952,741,444 | ||||||||||||||||||||
| Nov 1-30, 2025 | 2,520,061 | $ | 180.1451 | 2,520,061 | $ | 5,910,018,670 | ||||||||||||||||||||
| Dec 1-31, 2025 | 1,274,980 | $ | 184.0604 | 1,274,980 | $ | 5,675,345,321 | ||||||||||||||||||||
| Total | 5,445,900 | $ | 183.6243 | 5,445,900 | $ | 5,675,345,321 |
At February 5, 2026, there were 3,648 stockholders of record.
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