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
Principal Market
The principal market for Abbott’s common shares is the New York Stock Exchange under the symbol “ABT.” Shares are also listed on the Chicago Stock Exchange and traded on various regional and electronic exchanges. Outside the United States, Abbott’s shares are listed on the SIX Swiss Exchange.
Shareholders
There were 35,926 shareholders of record of Abbott common shares as of December 31, 2021.
Tax Information for Shareholders
In 2001, the Illinois Department of Commerce and Economic Opportunity (DCEO) designated Abbott as an Illinois High Impact Business (HIB) for a period not to exceed twenty years. In 2020, the DCEO granted a two year extension for Abbott's HIB designation. Dividends paid by a corporation that is designated as a HIB and conducts business in a foreign trade zone may be eligible for a subtraction from base income for Illinois income tax purposes. Abbott certified that the HIB requirements were met for the calendar year ending December 31, 2021.
If you have any questions, please contact your tax advisor.
Issuer Purchases of Equity Securities
(c) Total Number of
(d) Maximum Number (or
(a) Total Number
Shares (or Units)
Approximate Dollar Value) of
of Shares
(b) Average Price
Purchased as Part of
Shares (or Units) that May
(or Units)
Paid per Share
Publicly Announced
Yet Be Purchased Under the
Period
Purchased
(or Unit)
Plans or Programs
Plans or Programs
October 1, 2021 — October 31, 2021
1,767,000
(1)
$
127.811
1,750,000
$
1,686,728,997
(2)
November 1, 2021 — November 30, 2021
4,750,000
(1)
$
127.486
4,750,000
$
1,081,169,672
(2)
December 1, 2021 — December 31, 2021
135
(1)
$
141.000
0
$
6,081,169,672
(2)
Total
6,517,135
(1)
$
127.575
6,500,000
$
6,081,169,672
(2)
(1) These shares include the shares deemed surrendered to Abbott to pay the exercise price in connection with the exercise of employee stock options – 17,000 in October, 0 in November, and 135 in December.
These shares do not include the shares surrendered to Abbott to satisfy tax withholding obligations in connection with the vesting of restricted stock or restricted stock units.
(2) On October 11, 2019, the board of directors authorized the repurchase of up to $3 billion of Abbott common shares, from time to time (the “2019 Plan”). On December 10, 2021, the board of directors authorized the repurchase of up to $5 billion of Abbott common shares, from time to time (the “2021 Plan”). The 2021 Plan is in addition to the unused portion of the 2019 Plan.
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