filings.toolsItem 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
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Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Price of Common Stock
Our common stock is traded on the New York Stock Exchange under the symbol TMO.
Holders of Common Stock
As of February 1, 2025, the company had 2,173 holders of record of its common stock. This does not include holdings in street or nominee names.
THERMO FISHER SCIENTIFIC INC.
Issuer Purchases of Equity Securities
A summary of the share repurchase activity for the company's fourth quarter of 2024 follows:
| Period | Total number of shares purchased | Average price paid per share (1) | Total number of shares purchased as part of publicly announced plans or programs (2) | Maximum dollar amount of shares that may yet be purchased under the plans or programs (1)(2) (in millions) | ||||||||||||||||||||||
| Fiscal October (Sep. 29 - Nov. 2) | — | $ | — | — | $ | 1,000 | ||||||||||||||||||||
| Fiscal November (Nov. 3 - Nov. 30) | 891,720 | 527.64 | 891,720 | 3,529 | ||||||||||||||||||||||
| Fiscal December (Dec. 1 - Dec. 31) | 996,892 | 531.14 | 996,892 | 3,000 | ||||||||||||||||||||||
| Total fourth quarter | 1,888,612 | $ | 529.49 | 1,888,612 | $ | 3,000 |
(1) Amounts exclude excise taxes and other transaction costs.
(2) On November 15, 2024, the Board of Directors announced that it replaced the existing authorization to repurchase the company’s common stock, of which $1.00 billion was remaining, with a new authorization to repurchase up to $4.00 billion of the company’s common stock. Early in the first quarter of 2025, the company repurchased $2.00 billion of the company’s common stock (3.6 million shares). At February 20, 2025, $1.00 billion was available for future repurchases of the company’s common stock under this authorization.
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