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
Our common stock is listed on the New York Stock Exchange (NYSE) under the symbol “ACM.” According to the records of our transfer agent, there were 1,467 stockholders of record as of November 10, 2023.
Unregistered Sales of Equity Securities
None.
Equity Compensation Plans
The following table presents certain information about shares of AECOM common stock that may be issued under our equity compensation plans as of September 30, 2023:
Column A
Column B
Column C
Number of securities
remaining available
Number of securities
Weighted ‑ average
for future
to be issued
exercise price of
issuance under
upon exercise
Outstanding
equity compensation
of outstanding
options,
plans (excluding
options, warrants,
warrants, and
securities reflected
Plan Category
and rights (1)
Rights
in Column A)
Equity compensation plans not approved by stockholders
N/A
N/A
N/A
Equity compensation plans approved by stockholders:
AECOM Stock Incentive Plans
1,576,417
(1)
38.72
(2)
10,239,810
AECOM Employee Stock Purchase Plan (3)
N/A
N/A
8,440,301
Total
1,576,417
$
38.72
18,680,111
(1)
Includes 106,194 shares issuable upon the exercise of stock options, 772,818 shares issuable upon the vesting of Restricted Stock Units, and 697,405 shares issuable if specified performance targets are met under Performance Earnings Program Awards (PEP).
(2)
Weighted - average exercise price of outstanding options only.
(3)
Amounts only reflected in column (c) and include all shares available for future issuance and subject to outstanding rights.
Performance Measurement Comparison (1)
The following chart compares the cumulative total stockholder return of AECOM stock (ACM) with the cumulative total return of the S&P MidCap 400, and the S&P Composite 1500 Construction & Engineering, from September 28, 2018 to September 29, 2023.
We believe the S&P 400 MidCap is an appropriate independent broad market index, since it measures the performance of similar mid-sized companies in numerous sectors. In addition, we believe the S&P Composite 1500 Construction & Engineering index is an appropriate third party published industry index since it measures the performance of engineering and construction companies.
(1) This section is not “soliciting material,” is not deemed “filed” with the SEC and is not incorporated by reference in any of our filings under the Securities Act or Exchange Act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
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Stock Repurchase Program
On September 22, 2021, the Company’s Board of Directors approved an increase in the Company’s repurchase authorization of AECOM common stock to $1.0 billion. Stock repurchases can be made through open market purchases or other methods, including pursuant to a Rule 10b5-1 plan. On November 9, 2023, the Board approved another increase in the Company’s repurchase authorization back up to $1.0 billion. A summary of the repurchase activity for the three months ended September 30, 2023 is as follows:
Total Number
Total Number of Shares
Maximum Approximate Dollar
of Shares
Average Price
Purchased as Part of Publicly
Value that May Yet Be Purchased
Period
Purchased
Paid Per Share
Announced Plans or Programs
Under the Plans or Programs
July 1 – 31, 2023
—
$
—
—
$
452,000,000
August 1 – 31, 2023
1,138,926
87.82
1,138,926
352,000,000
September 1 – 30, 2023
1,551,753
83.79
1,551,753
220,200,000
Total
2,690,679
$
85.50
2,690,679
ITEM 6. RESERVED
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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.