Item 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
Our Class A Stock trades on the New York Stock Exchange under the symbol STZ. There is no public trading market for our Class 1 Stock. At April 13, 2023, the number of holders of record of our Class A Stock and Class 1 Stock were 495 and 17, respectively.
For information regarding dividends and share repurchase programs, see (i) MD&A and (ii) Note 17.
For information on securities authorized for issuance under our equity compensation plans, see Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters under Item 12. of this Form 10-K.
Issuer Purchases of Equity Securities
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of a Publicly Announced Program | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1) | ||||||||||||||||||||||
| (in millions, except share and per share data) | ||||||||||||||||||||||||||
| December 1 – 31, 2022 | — | $ | — | — | $ | 1,163.1 | ||||||||||||||||||||
| January 1 – 31, 2023 | 1,326,692 | $ | 218.68 | 1,326,692 | $ | 872.9 | ||||||||||||||||||||
| February 1 – 28, 2023 | 41,801 | $ | 227.27 | 41,801 | $ | 863.4 | ||||||||||||||||||||
| Total | 1,368,493 | $ | 218.94 | 1,368,493 |
(1)In January 2021, we announced that our Board of Directors authorized the repurchase of up to $2.0 billion of our publicly traded common stock. The Board of Directors did not specify a date upon which the 2021 Authorization would expire. Share repurchases for the periods included herein were effected through open market transactions and exclude the impact of Federal excise tax owed pursuant to the IRA.
| Constellation Brands, Inc. FY 2023 Form 10-K | #WORTHREACHINGFOR I 32 |
| PART II | ITEM 7. MD&A | Table of Contents |
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