Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES
4K characters. Original on sec.gov · Markdown
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES
Our common stock is listed and principally traded on the New York Stock Exchange under the symbol “NEM.” On February 17, 2022, there were 792,502,327 shares of Newmont’s common stock outstanding, which were held by approximately 7,400 stockholders of record.
During the period from October 1, 2021 to December 31, 2021, 5,034,731 shares of Newmont's equity securities registered pursuant to Section 12 of the Exchange Act of 1934, as amended, were purchased by the Company, or an affiliated purchaser.
| (a) | (b) | (c) | (d) | ||||||||||||||||||||
| Period | Total Number of Shares Purchased**(1)** | Average Price Paid Per Share**(1)** | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs**(2)** | Maximum Dollar Value of Shares that may yet be Purchased under the Plans or Programs**(2)** | |||||||||||||||||||
| October 1, 2021 through October 31, 2021 | 22,335 | $ | 62.42 | — | $ | 751,694,456 | |||||||||||||||||
| November 1, 2021 through November 30, 2021 | 3,232,503 | $ | 54.76 | 3,226,225 | $ | 575,022,802 | |||||||||||||||||
| December 1, 2021 through December 31, 2021 | 1,779,893 | $ | 56.18 | 1,779,893 | $ | 475,022,834 |
____________________________
(1)The total number of shares purchased (and the average price paid per share) reflects: (i) shares purchased pursuant to the repurchase program described in (2) below; and (ii) represents shares delivered to the Company from stock awards held by employees upon vesting for the purpose of covering the recipients’ tax withholding obligations, totaling 22,335 shares, 6,278 shares and — shares for the fiscal months of October, November and December 2021, respectively.
(2)In January 2021, the Company announced that the Board of Directors authorized a stock repurchase program to repurchase shares of outstanding common stock to offset the dilutive impact of employee stock award vesting and to provide returns to shareholders, provided that the aggregate value of shares of common stock repurchased under the new program does not exceed $1 billion. In February 2022, the Board of Directors authorized the extension of this program to December 31, 2022. The extent to which the Company repurchases its shares, and the timing of such repurchases, will depend upon a variety of factors, including trading volume, market conditions, legal requirements, business conditions and other factors. The repurchase program may be discontinued at any time, and the program does not obligate the Company to acquire any specific number of shares of its common stock.
Previous: Item 3. LEGAL PROCEEDINGS · Next: Item 6. RESERVED