Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Rela ted Stockholder Matters and Issuer Purchases of Equity Securities
Trading Symbol and Holders
Our common stock has been listed on the Nasdaq Global Select market under the symbol “ANAB” since January 26, 2017. As of February 27, 2026, we had approximately seven holders of record of our common stock. This number does not include beneficial owners whose shares were held in street name.
Dividend Policy
We have never declared or paid cash or stock dividends on our common stock. Following the proposed separation of our company into two separate, publicly traded companies, expected to occur in 2026 (and which would be completed through a stock dividend), our Board of Directors may make a determination to declare dividends on our common stock at some point in the future, depending on our financial condition, operating results, capital requirements, general business conditions and other factors that our Board of Directors may deem relevant.
Issuer Purchases of Equity Securities
In November 2025, our Board of Directors approved a common stock repurchase program authorizing $100.0 million in repurchases, which supplemented the previous $75.0 million authorization approved in March 2025. During the year ended December 31, 2025, we purchased 3.4 million shares at a cost of $68.6 million under this program. At December 31, 2025, approximately $106.4 million remained available for future stock repurchases under the repurchase program. The stock repurchase program expires on March 31, 2026.
The following table contains information with respect to repurchases made by us during the three months ended December 31, 2025:
Period
(a) Total number
of shares
purchased
(b) Average price
paid per share
(c) Total number
of shares
purchased as
part of publicly
announced plans
or programs
(d) Maximum
approximate
dollar value of
shares that may
yet be purchased
under the plans
or programs
(in thousands)
October 1, 2025 - October 31, 2025
—
—
—
109,758
November 1, 2025 - November 30, 2025
100,015
$
33.83
100,015
106,374
December 1, 2025 - December 31, 2025
—
$
—
—
106,374
100,015
100,015
Item 6. Res erved
Not applicable.
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