Item 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
The common stock of the Company is traded on the New York Stock Exchange under the symbol “WRB”.
| Price Range | ||||||||||||
| High | Low | Dividends Declared Per Share | ||||||||||
| 2016: | ||||||||||||
| Fourth Quarter | $ | 66.91 | $ | 55.55 | $ | 0.63 | (1) | |||||
| Third Quarter | 60.08 | 56.12 | 0.63 | (2) | ||||||||
| Second Quarter | 59.93 | 54.56 | 0.13 | |||||||||
| First Quarter | 56.53 | 47.57 | 0.12 | |||||||||
| 2015: | ||||||||||||
| Fourth Quarter | $ | 57.27 | $ | 52.36 | $ | 0.12 | ||||||
| Third Quarter | 58.46 | 51.91 | 0.12 | |||||||||
| Second Quarter | 53.40 | 48.72 | 0.12 | |||||||||
| First Quarter | 51.78 | 47.45 | 0.11 |
(1) Includes a special dividend of $0.50 per share paid in November 2016.
(2) Includes a special dividend of $0.50 per share paid in October 2016.
The closing price of the common stock on February 22, 2017 as reported on the New York Stock Exchange was $71.15 per share. The approximate number of record holders of the common stock on February 22, 2017 was 355.
Set forth below is a summary of the shares repurchased by the Company during the fourth quarter of 2016 and the remaining number of shares authorized for purchase by the Company during such period.
| Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares that may yet be Purchased Under the Plans or Programs | ||||||||
| October 2016 | 204,326 | 57.30 | 204,326 | 7,221,312 | |||||||
| November 2016 | 370,226 | 56.22 | 370,226 | 6,851,086 | |||||||
| December 2016 | — | — | — | 6,851,086 |
For equity compensation plan information, see Item 12 of this annual report on Form 10-K.
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