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, 2018, is contained in Item 6, “Summary of Selected Financial Data.”
TI common stock is quoted on The Nasdaq Global Select Market under the ticker symbol TXN. The following table contains information regarding our purchases of our common stock during the fourth quarter of 2018.
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (a) | ||||||||||||||||||
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| October 1, 2018 through October 31, 2018 | 10,869,754 | $ | 97.50 | 10,823,353 | $ | 17.10 | billion | |||||||||||||||
| November 1, 2018 through November 30, 2018 | 5,992,830 | 95.44 | 5,992,830 | 16.53 | billion | |||||||||||||||||
| December 1, 2018 through December 31, 2018 | 4,062,116 | 93.96 | 4,062,116 | 16.14 | billion | |||||||||||||||||
| Total | 20,924,700 | (b) | $ | 96.22 | (b) | 20,878,299 | $ | 16.14 | billion (c) |
| (a) | All open-market purchases during the quarter were made under the authorizations from our board of directors to purchase up to $7.5 billion and $6.0 billion of additional shares of TI common stock announced September 17, 2015 and September 21, 2017, respectively. On September 20, 2018, our board of directors authorized the purchase of an additional $12.0 billion of our common stock. |
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| (b) | In addition to open-market purchases, 46,401 shares of common stock were surrendered by employees to satisfy tax withholding obligations in connection with the vesting of restricted stock units. |
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| (c) | As of December 31, 2018, this amount consisted of the remaining portion of the $6.0 billion authorized in September 2017 and the $12.0 billion authorized in September 2018. No expiration date has been specified for these authorizations. |
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