filings.toolsItem 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on the NYSE under the symbol “RJF.” As of November 17, 2022, we had 346 holders of record of our common stock. Shares of our common stock are held by a substantially greater number of beneficial owners, whose shares are held of record by banks, brokers, and other financial institutions.
See Note 20 of the Notes to Consolidated Financial Statements of this Form 10-K for information regarding our intentions for paying cash dividends and the related capital restrictions.
Information related to our compensation plans under which equity securities are authorized for issuance is presented in Note 23 of the Notes to Consolidated Financial Statements and Part III, Item 12 of this Form 10-K.
We did not have any sales of unregistered securities for the fiscal years ended September 30, 2022, 2021 or 2020.
RAYMOND JAMES FINANCIAL, INC. AND SUBSIDIARIES
We purchase our own stock from time to time in conjunction with a number of activities, each of which is described in the following paragraphs. The following table presents information on our purchases of our own stock, on a monthly basis, for the twelve months ended September 30, 2022.
| Total number of shares purchased | Average price per share | Number of shares purchased as part of publicly announced plans or programs | Approximate dollar value (in millions) at each month-end, of securities that may yet be purchased under the plans or programs | ||||||||||||||||||||
| October 1, 2021 – October 31, 2021 | 1,305 | $ | 94.47 | — | $632 | ||||||||||||||||||
| November 1, 2021 – November 30, 2021 | 94,824 | $ | 98.82 | — | $632 | ||||||||||||||||||
| December 1, 2021 – December 31, 2021 | 145 | $ | 98.90 | — | $1,000 | ||||||||||||||||||
| First quarter | 96,274 | $ | 98.76 | — | |||||||||||||||||||
| January 1, 2022 – January 31, 2022 | 787 | $ | 109.57 | — | $1,000 | ||||||||||||||||||
| February 1, 2022 – February 28, 2022 | 3,391 | $ | 109.67 | — | $1,000 | ||||||||||||||||||
| March 1, 2022 – March 31, 2022 | — | $ | — | — | $1,000 | ||||||||||||||||||
| Second quarter | 4,178 | $ | 109.65 | — | |||||||||||||||||||
| April 1, 2022 – April 30, 2022 | — | $ | — | — | $1,000 | ||||||||||||||||||
| May 1, 2022 – May 31, 2022 | — | $ | — | — | $1,000 | ||||||||||||||||||
| June 1, 2022 – June 30, 2022 | 1,137,660 | $ | 88.01 | 1,136,347 | $900 | ||||||||||||||||||
| Third quarter | 1,137,660 | $ | 88.01 | 1,136,347 | |||||||||||||||||||
| July 1, 2022 – July 31, 2022 | 8,407 | $ | 90.18 | — | $900 | ||||||||||||||||||
| August 1, 2022 – August 31, 2022 | 298 | $ | 106.45 | — | $900 | ||||||||||||||||||
| September 1, 2022 – September 30, 2022 | 600,421 | $ | 104.06 | 600,000 | $838 | ||||||||||||||||||
| Fourth quarter | 609,126 | $ | 103.87 | 600,000 | |||||||||||||||||||
| Fiscal year total | 1,847,238 | $ | 93.85 | 1,736,347 |
In December 2021, the Board of Directors authorized repurchase of our common stock in an aggregate amount of up to $1 billion, which replaced the previous authorization.
In the preceding table, the total number of shares purchased includes shares purchased pursuant to the Restricted Stock Trust Fund, which was established to acquire our common stock in the open market and used to settle restricted stock units (“RSUs”) granted as a retention vehicle for certain employees of our wholly-owned Canadian subsidiaries. For more information on this trust fund, see Note 2 and Note 10 of the Notes to Consolidated Financial Statements of this Form 10-K. These activities do not utilize the repurchase authorization presented in the preceding table.
The total number of shares purchased also includes shares repurchased as a result of employees surrendering shares as payment for option exercises or withholding taxes. These activities do not utilize the repurchase authorization presented in the preceding table.
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