Item 5. Market for Registrant’s Common Equity
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STO CKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock (the "Common Stock") trades on the Global Select Market segment of The Nasdaq Stock Market under the symbol "BBSI." At February 7, 2025, there were 26 stockholders of record and approximately 10,741 beneficial owners of the Common Stock.
The following table summarizes information related to stock repurchases during the quarter ended December 31, 2024.
Total
Total Number of
Approximate Dollar Value of
Number of
Average Price
Shares Repurchased
Shares that May Yet
Shares
Paid
as Part of Publicly
Be Repurchased
Month
Repurchased
Per Share
Announced Plan (1)
Under the Plan (1)
(in thousands)
Oct 1 - Oct 31, 2024
—
$
—
—
$
36,858
Nov 1 - Nov 30, 2024
20,700
42.88
20,700
35,970
Dec 1 - Dec 31, 2024
141,400
43.29
141,400
29,849
Total
162,100
162,100
(1) On July 31, 2023, the Board of Directors authorized the repurchase of up to $75.0 million of the Company’s common stock over a two-year period beginning July 31, 2023. As of December 31, 2024, the Company had repurchased 1,493,758 shares at an aggregate purchase price of $45.2 million under the new repurchase program.
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The following graph shows the cumulative total return at the dates indicated for the period from December 31, 2019 until December 31, 2024, for our Common Stock, The Nasdaq Composite Index, and the S&P 1500 Human Resource & Employment Services Index, a published industry index that is considered reflective of the Company’s peers.
The stock performance graph has been prepared assuming that $100 was invested on December 31, 2019 in our Common Stock and the indexes shown, and that dividends are reinvested. The stock price performance reflected in the graph may not be indicative of future price performance.
12/19
12/20
12/21
12/22
12/23
12/24
Barrett Business Services, Inc.
100.00
77.10
79.34
108.75
136.77
207.11
NASDAQ Composite
100.00
144.92
177.06
119.45
172.77
223.87
S&P 1500 Human Resource & Employment Services Index
100.00
100.85
152.43
113.87
121.22
143.93
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