Item 5. Market for Registrant’s Common Equity
Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is listed on the New York Stock Exchange with the ticker symbol “A”. As of December 1, 2022, there were 18,545 common stockholders of record.
The information required by this item with respect to equity compensation plans is included under the caption " Equity Compensation Plans" in our Proxy Statement for the Annual Meeting of Stockholders to be held March 15, 2023, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A, and is incorporated herein by reference.
STOCK PRICE PERFORMANCE GRAPH
The graph below shows the cumulative total stockholder return on our common stock with the cumulative total return of the S&P 500 Index and our peer group, consisting of all companies in the Health Care and Materials Indexes of the S&P 500, assuming an initial investment of $100 on October 31, 2017 and the reinvestment of all dividends.
Agilent’s stock price performance shown in the following graph is not indicative of future stock price performance. The data for this performance graph was compiled for us by Standard and Poor’s.
INDEXED RETURNS
Base Years Ending
Period
Company Name / Index 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022
Agilent Technologies 100 96.10 113.35 154.08 239.05 211.34
S&P 500 100 107.35 122.72 134.64 192.42 164.31
Peer Group 100 109.48 119.77 133.99 183.53 181.23
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Table of Contents
ISSUER PURCHASES OF EQUITY SECURITIES
The table below summarizes information about the company’s purchases, based on trade date, of its equity securities registered pursuant to Section 12 of the Exchange Act during the quarterly period ended October 31, 2022. The total number of shares of common stock purchased by the company during the fiscal year ended October 31, 2022 was 8,368,478 shares.
Period Total Number of
Shares of Common
Stock Purchased(1) Weighted Average
Price Paid per Share of
Common Stock(2) Total
Number of
Shares of Common
Stock Purchased as
Part of Publicly
Announced Plans or
Programs(1) Maximum
Approximate Dollar
Value of Shares of
Common Stock that
May Yet Be
Purchased Under the
Plans or Programs
(in millions)(1)
August 1, 2022 through
August 31, 2022
293,540 $ 132.94 293,540 $ 534
September 1, 2022 through
September 30, 2022
392,890 $ 128.47 392,890 $ 483
October 1, 2022 through
October 31, 2022
350,791 $ 129.65 350,791 $ 438
Total 1,037,221 $ 130.14 1,037,221
(1) On February 16, 2021 we announced that our board of directors had approved a new share repurchase program (the "2021 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs. The 2021 repurchase program authorizes the purchase of up to $2.0 billion of our common stock at the company's discretion and has no fixed termination date. The 2021 repurchase program which became effective on February 18, 2021, replaced and terminated the 2019 repurchase program on that date. The 2021 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time. As of October 31, 2022, all repurchased shares to date have been retired.
(2) The weighted average price paid per share of common stock does not include the cost of commissions.
Item 6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.