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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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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES.

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Market Information and Dividends

Our common stock is traded on the Nasdaq Global Select Market under the symbol “SWKS”.

The number of stockholders of record of our common stock as of November 4, 2026 was 7,235. On July 28, 2026, the Company announced that the Board of Directors had decided not to declare quarterly cash dividends on the Company’s common stock going forward. We intend to continue to retain any future earnings to invest in the growth and operation of our business and do not intend to pay any dividends for the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our Board of Directors.

Issuer Purchases of Equity Securities

The following table provides information regarding repurchases of common stock made during the three months ended October 2, 2026:

PeriodTotal Number of Shares PurchasedAverage Price Paid per Share (2)Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) (2)
07/04/26 - 07/31/26295(3)$57.51—$2.0 billion
08/01/26 - 08/28/261,627,850(4)$66.341,614,547$1.9 billion
08/29/26 - 10/02/265,046(3)$74.65—$1.9 billion
1,633,1911,614,547

(1) We announced on July 28, 2026 that our Board of Directors had approved a new stock repurchase program, pursuant to which the Company is authorized to repurchase up to $2.0 billion of its common stock from time to time through January 31, 2029, on the open market or in privately negotiated transactions, in compliance with applicable securities laws and other legal requirements, as discussed in Note 9 to Item 8 of this Annual Report on Form 10-K.

(2) The Company’s net share repurchases are subject to a 1% excise tax under the Inflation Reduction Act. Excise tax incurred reduces the amount available under the stock repurchase program, as applicable, and is included in the cost of shares repurchased in the Consolidated Statements of Stockholders’ Equity.

(3) Represents shares repurchased by us at the fair market value of the common stock as of the applicable purchase date, in connection with the satisfaction of tax withholding obligations under equity award agreements.

(4) 1,614,547 shares were repurchased at an average price of $66.33 per share as part of our July 2026 stock repurchase program, and 13,303 shares were repurchased by us at the fair market value of the common stock as of the applicable purchase date, in connection with the satisfaction of tax withholding obligations under equity award agreements with an average price of $67.73 per share.

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