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.
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The Common Stock of the Company is listed on the New York Stock Exchange and is traded on the Philadelphia, Chicago and Boston Exchanges under the symbol ROL.
As of January 31, 2020, there were 7,852 holders of record of the Company’s common stock. However, a large number of our shareholders hold their shares in “street name” in brokerage accounts and, therefore, do not appear on the shareholder list maintained by our transfer agent.
Issuer Purchases of Equity Securities
During the years ended December 31, 2019 and 2018, the Company did not repurchase shares on the open market. In total, there remain 7.6 million additional shares authorized to be repurchased under prior Board approval. The repurchase program does not have an expiration date.
| Period | Total number of shares purchased (1) | Weighted average price paid per share | Total number of shares purchased as part of publicly announced repurchase plans (2) | Maximum number of shares that may yet be purchased under the repurchase plans | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 1 to 31, 2019 | — | $ | — | — | 7,610,416 | |||||||||||
| November 1 to 30, 2019 | 848 | 38.79 | — | 7,610,416 | ||||||||||||
| December 1 to 31, 2019 | 1,210 | 33.18 | — | 7,610,416 | ||||||||||||
| Total | 2,058 | $ | 35.49 | — | 7,610,416 |
| (1) | Includes repurchases from employees for the payment of taxes on vesting of restricted shares in the following amounts: October 2019: 0; November 2019: 848; and December 2019: 1,210. |
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| (2) | The Company has a share repurchase plan adopted in 2012, to repurchase up to 11.25 million shares of the Company’s common stock. |
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PERFORMANCE GRAPH
The following graph sets forth a five-year comparison of the cumulative total stockholder return based on the performance of the stock of the Company as compared with both a broad equity market index and an industry index. The indices included in the following graph are the S&P 500 Index and the S&P 500 Commercial Services Index.
COMPARISON OF FIVE YEAR CUMULATIVE TOTAL RETURN*
| 12/14 | 12/15 | 12/16 | 12/17 | 12/18 | 12/19 | ||
| Rollins Inc. | 100.00 | 119.30 | 158.37 | 221.12 | 260.67 | 242.52 | |
| S&P 500 | 100.00 | 101.38 | 113.51 | 138.29 | 132.23 | 173.86 | |
| S&P 500 Commercial Services & Supplies | 100.00 | 96.70 | 121.62 | 146.98 | 147.70 | 207.01 |
ASSUMES INITIAL INVESTMENT OF $100
*TOTAL RETURN ASSUMES REINVESTMENT OF DIVIDENDS
NOTE: TOTAL RETURNS BASED ON MARKET CAPITALIZATION
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