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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

4K characters. Original on sec.gov ·

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

The principal market on which our common stock is traded is the New York Stock Exchange under the symbol “TXT.” At January 2, 2016, there were approximately 10,000 record holders of Textron common stock. The high and low sales prices per share of our common stock as reported on the New York Stock Exchange and the dividends paid per share are provided in the following table:

20152014
HighLowDividends per ShareHighLowDividends per Share
First quarter$45.61$40.95$0.02$40.18$34.28$0.02
Second quarter46.9342.970.0240.9336.960.02
Third quarter44.9832.200.0239.0335.540.02
Fourth quarter43.9338.180.0244.2332.280.02

Issuer Repurchases of Equity Securities

The following provides information about our fourth quarter 2015 repurchases of equity securities that are registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended:

Period (shares in thousands)Total Number of Shares Purchased (1)Average Price Paid per Share (excluding commissions)Total Number of Shares Purchased as part of Publicly Announced Plan (1)Maximum Number of Shares that may yet be Purchased under the Plan
October 4, 2015 – November 7, 2015208$37.6320810,882
November 8, 2015 – December 5, 2015———10,882
December 6, 2015 – January 2, 2016———10,882
Total208$37.63208

(1) These shares were purchased pursuant to a plan authorizing the repurchase of up to 25 million shares of Textron common stock that had been announced on January 23, 2013. This plan has no expiration date.

Stock Performance Graph

The following graph compares the total return on a cumulative basis at the end of each year of $100 invested in our common stock on December 31, 2010 with the Standard & Poor’s (S&P) 500 Stock Index, the S&P 500 Aerospace & Defense (A&D) Index and the S&P 500 Industrials Index, all of which include Textron. The values calculated assume dividend reinvestment.

201020112012201320142015
Textron Inc.$100.00$78.53$105.62$157.05$180.27$180.18
S&P 500100.00102.11118.45156.82178.29180.75
S&P 500 A&D100.00105.28120.61186.85208.21219.52
S&P 500 Industrials100.00105.43120.98159.26178.94184.13

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