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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The information concerning the number of stockholders of record at December 31, 2016, is contained in Item 6, “Summary of Selected Financial Data.”

Common stock prices and dividends

TI common stock is listed on The NASDAQ Global Select Market. The table below shows the high and low closing prices of TI common stock as reported by Bloomberg L.P. and the dividends paid per common share in each quarter during the past two years.

		Quarter
		1st		2nd		3rd		4th
Stock prices:
2016	High	$	58.37	$	63.30	$	71.42	$	74.87
	Low		48.03		56.43		61.06		67.60
2015	High		59.94		58.73		52.08		58.98
	Low		51.78		51.51		43.52		48.44
Dividends paid:
2016		$	0.38	$	0.38	$	0.38	$	0.50
2015			0.34		0.34		0.34		0.38

Issuer purchases of equity securities

The following table contains information regarding our purchases of our common stock during the fourth quarter of 2016.

						Total Number			Approximate
						of Shares			Dollar Value
						Purchased as			of Shares that
						Part of			May Yet Be
	Total					Publicly			Purchased
	Number of			Average		Announced			Under the
	Shares			Price Paid		Plans or			Plans or
Period	Purchased			per Share		Programs (1)			Programs (1)
October 1, 2016 through October 31, 2016		2,919,230		$	69.92		2,919,230		$	6.07 billion
November 1, 2016 through November 30, 2016		2,857,964			71.23		2,857,964			5.87 billion
December 1, 2016 through December 31, 2016		943,139			71.36		943,139			5.80 billion
Total		6,720,333	(2)	$	70.68		6,720,333	(2)	$	5.80 billion	(3)

(1)	All purchases during the quarter were made under the authorization from our board of directors to purchase up to $7.5 billion of additional shares of TI common stock announced September 17, 2015.

(2)	All purchases during the quarter were open-market purchases.

(3)	As of December 31, 2016, this amount consisted of the remaining portion of the $7.5 billion authorized in September 2015. No expiration date has been specified for this authorization.

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