Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
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Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The information required by Item 5 regarding market information, including PPG’s stock exchange listing and quarterly stock market prices, dividends, holders of common stock, and the stock performance graph is included in Exhibit 13.1 filed with this Form 10-K and is incorporated herein by reference.
| Issuer Purchases of Equity Securities - Fourth Quarter 2024 | ||||||||||||||
| Month | Total Number of Shares Purchased | Avg. Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Programs | Max. Number of Shares That May Yet Be Purchased Under the Programs**(1)** | ||||||||||
| October 2024 | ||||||||||||||
| Repurchase program | — | $— | — | 24,177,629 | ||||||||||
| November 2024 | ||||||||||||||
| Repurchase program | — | $— | — | 24,204,845 | ||||||||||
| December 2024 | ||||||||||||||
| Repurchase program | 2,034,464 | $122.92 | 2,034,464 | 23,108,291 | ||||||||||
| Total quarter ended December 31, 2024 | ||||||||||||||
| Repurchase program | 2,034,464 | — | 2,034,464 | 23,108,291 |
(1)In December 2017, PPG's board of directors approved a $2.5 billion share repurchase program. In April 2024, PPG’s Board of Directors authorized the repurchase of an additional $2.5 billion of outstanding common stock. The remaining shares yet to be purchased under the program has been calculated using PPG’s closing stock price on the last business day of the respective month. The repurchase programs do not have an expiration date.
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