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.
Allient’s common stock is listed on the Nasdaq Global Market System and trades under the symbol ALNT. The number of holders of record as reported by the Company’s transfer agent of the Company’s common stock as of the close of business on March 5, 2025 was 196.
Dividends
During 2024 and 2023, we declared regular quarterly cash dividends on our common stock. We paid $0.03 in each quarter of 2024, and well as $0.025 in the first quarter of 2023 and $0.03 in the second, third, and fourth quarter of 2023. While it is our current intention to pay regular quarterly cash dividends, any decision to pay future cash dividends will be made by our Board and will depend on our earnings, financial condition and other factors.
Performance Graph
The following performance graph and tables reflect the five year change in the Company’s cumulative total stockholder return on Common Stock as compared with the cumulative total return of the NASDAQ Stock Market Index and our custom Peer Group for a $100 investment made on December 31, 2019, including reinvestment of any dividends.
12/31/2019
12/31/2020
12/31/2021
12/31/2022
12/31/2023
12/31/2024
Allient Inc.
$
100.00
$
105.71
$
113.52
$
108.64
$
94.61
$
76.38
NASDAQ (U.S.)
$
100.00
$
144.92
$
177.06
$
119.45
$
172.77
$
223.87
Peer Group
$
100.00
$
122.09
$
141.78
$
119.82
$
167.88
$
178.73
The Peer Group in the above graph includes the following stocks: LSI Industries, Moog, Inc., Onto Innovation, Preformed Line, Proto Labs, Inc., Helios Tech Inc., Thermon Group, Altra Industrial Motion, Astronics Corporation, Aeroenvironment, Columbus McKinnon, Franklin Electric, and Novanta, Inc.
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Issuer Purchases of Equity Securities
Total Number of Shares
Maximum Number of Shares
Number of Shares
Average Price Paid
Purchased as Part of Publicly
that May Yet Be Purchased
Period
Purchased (1)
per Share
Announced Plans or Programs
Under the Plans or Programs
10/01/24 to 10/31/24
—
$
—
—
—
11/01/24 to 11/30/24
1,035
18.21
—
—
12/01/24 to 12/31/24
4,511
24.01
—
—
Total
5,546
$
22.93
—
—
(1) As permitted under the Company’s equity compensation plan, these shares were withheld by the Company to satisfy tax withholding obligations for employees in connection with the vesting of stock. Shares withheld for tax withholding obligations do not affect the total number of shares available for repurchase under any approved common stock repurchase plan. At December 31, 2024, the Company did not have an authorized stock repurchase plan in place .
Item 6. [Reserved]
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