filings.toolsItem 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
Market Information
Our common stock is listed on The Nasdaq Stock Market under the ticker symbol “NDAQ.” As of February 14, 2019, we had approximately 250 holders of record of our common stock.
Issuer Purchases of Equity Securities
Share Repurchase Program
See “Share Repurchase Program,” of Note 12, “Nasdaq Stockholders’ Equity,” to the consolidated financial statements for further discussion of our share repurchase program.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table summarizes the share repurchase activity of our common stock during the fiscal quarter ended December 31, 2018:
| Period | (a) Total Number of Shares Purchased | (b) Average Price Paid Per Share | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | (d) Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions) | ||||||||||
| October 2018 | ||||||||||||||
| Share repurchase program | — | $ | — | — | $ | 332 | ||||||||
| Employee transactions(1) | 2,060 | 84.57 | N/A | N/A | ||||||||||
| November 2018 | ||||||||||||||
| Share repurchase program | — | $ | — | — | $ | 332 | ||||||||
| Employee transactions(1) | 1,370 | 87.33 | N/A | N/A | ||||||||||
| December 2018 | ||||||||||||||
| Share repurchase program | — | $ | — | — | $ | 332 | ||||||||
| Employee transactions(1) | 66,133 | 82.11 | N/A | N/A | ||||||||||
| Total Quarter Ended December 31, 2018 | ||||||||||||||
| Share repurchase program | — | $ | — | — | $ | 332 | ||||||||
| Employee transactions | 69,563 | $ | 82.29 | N/A | N/A |
| (1) | Represents shares we purchased from employees in connection with the settlement of employee tax withholding obligations arising from the vesting of restricted stock and PSUs. |
PERFORMANCE GRAPH
The following graph compares the total return of our common stock to the Nasdaq Composite Index, the S&P 500 and a selected peer group for the past five years. The peer group includes ASX Limited, CBOE, CME Group Inc., Deutsche Börse A.G., ICE, LSE, and TMX Group Limited. Information for the indices and the peer group is provided from December 31, 2013 through December 31, 2018. The figures represented below assume an initial investment of $100 in the common stock or index at the closing price on December 31, 2013 and the reinvestment of all dividends.
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among Nasdaq, Inc., the Nasdaq Composite Index, the S&P 500, and a Peer Group
- $100 invested on 12/31/2013 in stock or index, including reinvestment of dividends.
| Fiscal Year Ended December 31, | |||||||||||||||||||||
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | ||||||||||||||||
| Nasdaq, Inc. | $ 100 | $ | 122 | $ | 151 | $ | 177 | $ | 207 | $ | 224 | ||||||||||
| Nasdaq Composite | 100 | 115 | 123 | 133 | 172 | 166 | |||||||||||||||
| S&P 500 | 100 | 114 | 115 | 129 | 157 | 150 | |||||||||||||||
| Peer Group | 100 | 107 | 121 | 139 | 187 | 208 |
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