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
We have Class A Common Stock with a par value of $0.001. Our Class A Common Stock is principally traded on the New York Stock Exchange under the ticker symbol AIN. According to Broadridge Financial Solutions, Inc., as of December 31, 2025, there were approximately 70,000 beneficial owners of our Class A Common Stock. Dividends are paid on our Class A Common Stock. Our cash dividends, and the high and low prices per share of our Class A Common Stock, were as follows for the periods presented:
Quarter Ended
March 31
June 30
September 30
December 31
2025
Cash dividends per share
$ 0.27 $ 0.27 $ 0.27 $ 0.28
Class A Common Stock prices:
High
$ 82.96 $ 70.94 $ 72.53 $ 60.44
Low
$ 69.04 $ 59.75 $ 52.80 $ 41.42
2024
Cash dividends per share
$ 0.26 $ 0.26 $ 0.26 $ 0.27
Class A Common Stock prices:
High
$ 97.34 $ 91.16 $ 94.16 $ 87.46
Low
$ 85.76 $ 79.75 $ 81.29 $ 67.92
32
Index
The graph below compares the cumulative 5-Year total return of holders of Albany International Corp.’s Common Stock with the cumulative total returns of the Russell 2000 index and a customized peer group of seventeen companies which are: BWX Technolgies Inc, Curtiss-Wright Corp, Ducommun Inc, Enpro Inc, Esca Technologies Inc, Franklin Electric Co Inc, Graco Inc, Helios Technologies Inc, Hexcel Corp, Kadant Inc, Mercury Systems Inc, Mueller Water Products Inc, Nordson Corp, SPX Technologies Inc, Standex International Corp, Trimas Corp, Woodward Inc. The graph assumes that the value of the investment in our common stock, in each index, and in the peer group (including reinvestment of dividends) was $100 on December 31, 2020 and tracks it through December 31, 2025.
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
*$100 invested on 12/31/20 in stock or index, including reinvestment of dividends.
Copyright© 2026 Russell Investment Group. All rights reserved.
Fiscal year ending December 31.
December 31, 2020 2021 2022 2023 2024 2025
Albany International Corp.
$100.00 $121.62 $136.90 $137.89 $113.65 $73.34
Russell 2000
100.00 114.82 91.35 106.82 119.14 134.40
Peer Group
100.00 111.36 103.77 131.72 149.51 198.27
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
Restrictions on dividends and other distributions are described in Note 17, Financial Instruments of the Notes to the Consolidated Financial Statements, in Item 8, Financial Statements and Supplementary Data, of this Annual Report on Form 10-K.
Disclosures of securities authorized for issuance under equity compensation plans are included under Item 12, Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters, of this Annual Report on Form 10-K.
33
Index
In 2021, the Company's Board of Directors authorized the Company to repurchase shares of up to $200 million through open market purchases, privately negotiated transactions or otherwise, and to determine the prices, times and amounts. Under this plan, the Company repurchased 1,649,081 shares for a total cost of $136.2 million through February 21, 2025. Of this, 158,177 shares were repurchased in 2025 for $12.6 million.
On February 21, 2025, the Company's Board of Directors authorized the Company to repurchase shares up to $250 million (excluding any fees, commissions, taxes or other expenses related to such purchases), which supersedes the 2021 authorization. Share purchases may be made through open market purchases, privately negotiated transactions or otherwise. The program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company's discretion. The timing and amount of any share repurchases will be based on the Company’s liquidity, general business and market conditions, debt covenant restrictions and other factors, including alternative investment opportunities and capital structure. Under this plan, the Company repurchased 2,682,859 shares in 2025 for a total cost of $ 173.3 million, including excise taxes and fees. As of December 31, 2025, we were authorized to repurchase shares up to $76.7 million.
Issuer Purchases of Equity Securities during the three months ended December 31, 2025
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced program Approx. dollar value of shares that may yet be purchased under the program (in thousands)
October 1 to October 31, 2025 — $ — — $ 93,445
November 1 to November 30, 2025 206,585 45.06 206,585 84,139
December 1 to December 31, 2025 153,682 48.72 153,682 76,648
Total 360,267 360,267 $ 76,648
Item 6. [RESERVED]