Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The Company’s common stock is traded on The Nasdaq Stock Market LLC under the symbol AAPL.
Holders
As of October 14, 2022, there were 23,838 shareholders of record.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Share repurchase activity during the three months ended September 24, 2022 was as follows (in millions, except number of shares, which are reflected in thousands, and per share amounts):
Periods Total Number
of Shares Purchased Average Price
Paid Per Share Total Number of Shares
Purchased as Part of Publicly
Announced Plans or Programs Approximate Dollar Value of
Shares That May Yet Be Purchased
Under the Plans or Programs (1)
June 26, 2022 to July 30, 2022:
Open market and privately negotiated purchases 41,690 $ 145.91 41,690
July 31, 2022 to August 27, 2022:
Open market and privately negotiated purchases 54,669 $ 168.29 54,669
August 28, 2022 to September 24, 2022:
Open market and privately negotiated purchases 63,813 $ 155.59 63,813
Total 160,172 $ 60,665
(1) As of September 24, 2022, the Company was authorized by the Board of Directors to purchase up to $405 billion of the Company’s common stock under a share repurchase program most recently announced on April 28, 2022 (the “Program”), of which $344.3 billion had been utilized. The Program does not obligate the Company to acquire a minimum amount of shares. Under the Program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
Apple Inc. | 2022 Form 10-K | 18
Company Stock Performance
The following graph shows a comparison of cumulative total shareholder return, calculated on a dividend-reinvested basis, for the Company, the S&P 500 Index, the S&P Information Technology Index and the Dow Jones U.S. Technology Supersector Index for the five years ended September 24, 2022. The graph assumes $100 was invested in each of the Company’s common stock, the S&P 500 Index, the S&P Information Technology Index and the Dow Jones U.S. Technology Supersector Index as of the market close on September 29, 2017. Past stock price performance is not necessarily indicative of future stock price performance.
* $100 invested on September 29, 2017 in stock or index, including reinvestment of dividends. Data points are the last day of each fiscal year for the Company’s common stock and September 30th for indexes.
Copyright © 2022 Standard & Poor’s, a division of S&P Global. All rights reserved.
Copyright © 2022 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved.
September 2017 September 2018 September 2019 September 2020 September 2021 September 2022
Apple Inc.
$ 100 $ 149 $ 146 $ 303 $ 400 $ 411
S&P 500 Index
$ 100 $ 118 $ 123 $ 142 $ 184 $ 156
S&P Information Technology Index
$ 100 $ 131 $ 143 $ 210 $ 271 $ 217
Dow Jones U.S. Technology Supersector Index
$ 100 $ 131 $ 139 $ 208 $ 283 $ 209
Item 6. [Reserved]
Apple Inc. | 2022 Form 10-K | 19