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
Our common stock is traded on the NYSE under the symbol BW.
As of February 28, 2026, we had 749 stockholders of record of our common stock.
See Part III, Item 12 of this Annual Report for information about our equity compensation plans. In accordance with the provisions of the employee benefit plans, we can acquire shares in connection with the vesting of employee restricted stock that require us to withhold shares to satisfy employee statutory income tax withholding obligations. We did not repurchase any of our equity securities during the quarter ended December 31, 2025. We do not have a general share repurchase program at this time.
We have a history of paying preferred cash dividends and currently expect that comparable cash dividends will continue to be paid in the future. Decisions on whether, when and in what amounts to continue making any future dividend distributions will remain at all times entirely at the discretion of our Board of Directors, which reserves the right, in its sole discretion, to change or terminate our dividend practices at any time and for any reason without prior notice. The payment of cash dividends in the future will be based upon a number of business, legal and other considerations, including changes in our financial position, capital allocation plans (including a desire to retain or accumulate cash), capital spending plans, stock purchase plans, acquisition strategies, strategic initiatives, debt payment plans (including a desire to maintain or improve credit ratings on our debt securities), debt covenant requirements, pension funding or other benefits payments.
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The following graph provides a comparison of our cumulative total shareholder return over five years through December 31, 2025 to the return of the S&P 500, the Russell 2000 and our custom peer group.
Assumes initial investment of $100 on December 31, 2020.
The Company's peer group, including the "custom peer group" used for the comparison above is comprised of the following companies:
AMETEK, Inc. Dycom Industries, Inc. MasTec, Inc.
CECO Environmental Corp. Enerpac Tool Group Corp. Primoris Services Corporation
Chart Industries, Inc. Enviri Corporation SPX Technologies, Inc.
Crane Company Flowserve Corporation Tetra Tech, Inc.
Curtiss-Wright Corporation IDEX Corporation
Item 6. [Reserved]
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