filings.toolsItem 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
The principal market on which our common stock is traded is the New York Stock Exchange under the symbol “TXT.” At December 29, 2018, there were approximately 8,300 record holders of Textron common stock.
Issuer Repurchases of Equity Securities
The following provides information about our fourth quarter 2018 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 *** | Average Price Paid per Share (excluding commissions) | **Total Number of Shares Purchased as part of Publicly Announced Plan *** | Maximum Number of Shares that may yet be Purchased under the Plan | |
|---|---|---|---|---|---|
| September 30, 2018 – November 3, 2018 | 2,905 | $ | 54.65 | 2,905 | 21,812 |
| November 4, 2018 – December 1, 2018 | 1,910 | 55.76 | 1,910 | 19,902 | |
| December 2, 2018 – December 29, 2018 | 2,710 | 49.64 | 2,710 | 17,192 | |
| Total | 7,525 | $ | 53.13 | 7,525 |
* These shares were purchased pursuant to a plan authorizing the repurchase of up to 40 million shares of Textron common stock that was announced on April 16, 2018. 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, 2013 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.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Textron Inc. | $ | 100.00 | $ | 115.83 | $ | 115.77 | $ | 134.09 | $ | 156.51 | $ | 126.42 | ||||||
| S&P 500 | 100.00 | 114.15 | 115.73 | 129.57 | 157.85 | 149.64 | ||||||||||||
| S&P 500 A&D | 100.00 | 112.09 | 118.18 | 140.52 | 198.66 | 180.24 | ||||||||||||
| S&P 500 Industrials | 100.00 | 112.81 | 116.08 | 127.82 | 156.67 | 150.54 |
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