Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.


(a)	Market for the Registrant’s Common Equity. The Company’s common stock is listed for trading on the New York Stock Exchange (NYSE) under the symbol "PH". Information regarding stock price as reported on the NYSE and dividend information with respect to the Company’s common stock, is included in the table below.



(In dollars)		1st		2nd		3rd		4th		Fiscal Year
2018	High	$	177.61	$	200.82	$	212.80	$	183.91	$	212.80
	Low	153.65		170.66		167.50		152.47		152.47
	Dividends	0.66		0.66		0.66		0.76		2.74

2017	High	$	126.59	$	145.44	$	161.23	$	166.60	$	166.60
	Low	105.00		118.77		139.92		151.17		105.00
	Dividends	0.63		0.63		0.66		0.66		2.58

2016	High	$	117.98	$	108.00	$	113.51	$	117.78	$	117.98
	Low	94.64		93.47		83.32		99.10		83.32
	Dividends	0.63		0.63		0.63		0.63		2.52

As of July 31, 2018, the number of shareholders of record of the Company was 3,478.


(b)	Use of Proceeds. Not Applicable.



ISSUER PURCHASES OF EQUITY SECURITIES
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 (1)	(d) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs
April 1, 2018 through April 30, 2018	96,100	$	170.96	96,100	16,404,510
May 1, 2018 through May 31, 2018	704,770	$	166.21	704,770	15,699,740
June 1, 2018 through June 30, 2018	97,647	$	168.11	97,647	15,602,093
Total	898,517	$	166.92	898,517	15,602,093


(1)	On October 22, 2014, the Company publicly announced that the Board of Directors increased the overall maximum number of shares authorized for repurchase under this program so that, beginning on such date, the aggregate number of shares authorized for repurchase was 35 million shares. There is no limitation on the amount of shares that can be repurchased in a year. There is no expiration date for this program.

(1)

On October 22, 2014, the Company publicly announced that the Board of Directors increased the overall maximum number of shares authorized for repurchase under this program so that, beginning on such date, the aggregate number of shares authorized for repurchase was 35 million shares. There is no limitation on the amount of shares that can be repurchased in a year. There is no expiration date for this program.

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