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
Primary Market
The Company's Common Stock is traded on the Nasdaq Global Select Market under the symbol "APLD."
Holders
As of May 31, 2026, we had approximately 91 shareholders of record of our common stock.
Stock Performance Graph
The following graph shows a comparison, from May 31, 2022 through May 31, 2026, of the cumulative total return on our common stock, The Nasdaq Composite Index and a peer group of publicly traded digital-asset mining and infrastructure companies selected by us in good faith on a line-of-business basis (the “Peer Group”), consisting of Riot Platforms, Inc. (RIOT), CleanSpark, Inc. (CLSK), Cipher Digital Inc. (CIFR), TeraWulf Inc. (WULF), HIVE Digital Technologies Ltd. (HIVE), Hut 8 Corp. (HUT), IREN Limited (IREN), Core Scientific, Inc. (CORZ), Fermi Inc. (FRMI), Galaxy Digital Inc. (GLXY), Keel Infrastructure Corp. (KEEL), Bitdeer Technologies Group (BTDR), Equinix, Inc. (EQIX), Digital Realty Trust, Inc. (DLR), and MARA Holdings, Inc (MARA). Such returns are based on historical results and are not intended to suggest future performance. Data for The Nasdaq Composite Index and the Peer Group assumes an investment of $100 on May 31, 2022 and reinvestment of dividends. We have never declared or paid any cash dividends on our common stock nor do we anticipate paying any such cash dividends in the foreseeable future.
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Repurchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table sets forth information regarding our purchases of shares of our common stock during the year ended May 31, 2026:
Period Total Number of Shares Purchased Average Price Paid per Share
June 1, 2025 through August 31, 2025 — $ —
September 1, 2025 through November 30, 2025 7,165,300 $ 7.36
December 1, 2025 through February 28, 2026 — $ —
March 1, 2026 through May 31, 2026 — $ —
Total 7,165,300 $ —
Recent Sales of Unregistered Securities
During the fiscal year ended May 31, 2026 , there were no unregistered sales of our securities except as previously reported in a Current Report on Form 8-K or a Quarterly Report on Form 10-Q.
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.