Item 4. MINE SAFETY DISCLOSURES
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Item 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information and Holders
Our common shares are listed and traded on the NYSE under the symbol “TEL.” As of November 3, 2022, there were 16,860 shareholders of record of our common shares.
Performance Graph
The following graph compares the cumulative total shareholder return on our common shares against the cumulative return on the S&P 500 Index and the Dow Jones Electrical Components and Equipment Index. The graph assumes the investment of $100 in our common shares and in each index at fiscal year end 2017 and assumes the reinvestment of all dividends and distributions. The graph shows the cumulative total return for the last five fiscal years. The comparisons in the graph are based upon historical data and are not indicative of, nor intended to forecast, future performance of our common shares.

| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Fiscal Year End | |||||||||||||||||
| | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |||||||||||||
| TE Connectivity Ltd. | | $ | 100.00 | | $ | 107.74 | | $ | 116.07 | | $ | 121.96 | | $ | 187.03 | | $ | 145.46 | |
| S&P 500 Index | | 100.00 | | 117.91 | | 122.30 | | 138.81 | | 190.29 | | | 155.55 | | |||||
| Dow Jones Electrical Components and Equipment Index | | 100.00 | | 111.20 | | 107.06 | | 112.22 | | 162.93 | | | 135.08 | |
| (1) | $100 invested on September 29, 2017 in TE Connectivity Ltd.’s common shares and in indexes. Indexes calculated on month-end basis. |
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Dividends
Future dividends on our common shares, if any, must be approved by our shareholders. In exercising their discretion to recommend to the shareholders that such dividends be approved, our board of directors will consider our results of operations, cash requirements and surplus, financial condition, statutory requirements of applicable law, contractual restrictions, and other factors that they may deem relevant.
Issuer Purchases of Equity Securities
The following table presents information about our purchases of our common shares during the quarter ended September 30, 2022:
| | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | Maximum | | ||
| | | | | | | | Total Number of | | Approximate | | |
| | | | | | | | Shares Purchased | | Dollar Value | | |
| | | | | | | | as Part of | | of Shares that May | | |
| | | Total Number | | Average Price | | Publicly Announced | | Yet Be Purchased | | ||
| | | of Shares | | Paid Per | | Plans or | | Under the Plans | | ||
| Period | Purchased(1) | Share(1) | Programs(2) | or Programs(2) | |||||||
| June 25–July 22, 2022 | | 602,818 | | $ | 114.66 | | 602,600 | | $ | 1,949,678,000 | |
| July 23–August 26, 2022 | 920,046 | | 132.46 | 915,800 | | 1,828,380,436 | | ||||
| August 27–September 30, 2022 | 1,209,425 | | 121.56 | 1,208,700 | | 1,681,457,030 | | ||||
| Total | 2,732,289 | | | 123.71 | 2,727,100 | | |
| (1) | These columns include the following transactions which occurred during the quarter ended September 30, 2022: |
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| (i) | the acquisition of 5,189 common shares from individuals in order to satisfy tax withholding requirements in connection with the vesting of restricted share awards issued under equity compensation plans; and |
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| (ii) | open market purchases totaling 2,727,100 common shares, summarized on a trade-date basis, in conjunction with the share repurchase program announced in September 2007. |
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| (2) | Our share repurchase program authorizes us to purchase a portion of our outstanding common shares from time to time through open market or private transactions, depending on business and market conditions. The share repurchase program does not have an expiration date. |
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