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”.
In 2023, the Board declared regular quarterly cash dividends of $0.10 per share in the first quarter and $0.11 per share in each of the remaining three quarters, as well as special dividends of $0.50 per share in the first, third, and fourth quarters, for a total of $501 million in aggregate dividends in 2023.
The approximate number of record holders of the common stock on February 15, 2024 was 327.
The chart below shows a comparison of 5 year cumulative total return.
Comparison of 5 Year Cumulative Total Return
Assumes initial investment of $100 on January 1, 2018, with dividends reinvested.

As of December 31, 2023, the S&P 500® Property and Casualty Insurance Index consists of The Allstate Corporation, Arch Capital Group Ltd. (added Nov. 2022), Chubb Limited, Cincinnati Financial Corporation, The Hartford Financial Services Group, Inc., Loews Corporation (CNA), The Progressive Corporation, The Travelers Companies, Inc., and W. R. Berkley Corporation (added Dec. 2019).
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | ||||||||||||||||||
| W. R. Berkley Corporation | Cum $ | 100.00 | 143.83 | 139.30 | 177.37 | 237.46 | 238.04 | ||||||||||||||||
| S&P 500 Index - Total Returns | Cum $ | 100.00 | 131.48 | 155.64 | 200.28 | 163.89 | 207.05 | ||||||||||||||||
| S&P 500 Property and Casualty Insurance Index | Cum $ | 100.00 | 125.87 | 133.84 | 157.28 | 187.04 | 207.20 |
Set forth below is a summary of the shares repurchased by the Company during the fourth quarter of 2023 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 2023 | 371,497 | $ | 63.75 | 371,497 | 14,430,487 | ||||||||||||||||||
| November 2023 | — | — | — | 14,430,487 | |||||||||||||||||||
| December 2023 | 1,189,204 | 69.75 | 1,189,204 | 13,241,283 |
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