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 Nasdaq Global Select Market (“Nasdaq”) under the symbol “CBRL.” There were 7,256 shareholders of record as of September 15, 2021.
See Note 7 to Consolidated Financial Statements with respect to dividend restrictions.
See the table labeled “Equity Compensation Plan Information” to be contained in the 2021 Proxy Statement, incorporated by reference in Part III, Item 12 of this Annual Report on Form 10-K.
Part III, Item 12 of this Annual Report on Form 10-K is incorporated herein by this reference.
Unregistered Sales of Equity Securities
There were no equity securities sold by the Company during the period covered by this Annual Report on Form 10-K that were not registered under the Securities Act of 1933, as amended.
30
Index
Issuer Purchases of Equity Securities
The following table sets forth information with respect to purchases of shares of the Company’s common stock made during the quarter ended July 30, 2021 by or on behalf of the Company or any “affiliated purchaser,” as defined by Rule 10b-18(a)(3) of the Exchange Act. All purchases were made in accordance with Rule 10b-18 of the Exchange Act.
Period
Total Number
of Shares
Purchased (1)
Average Price
Paid Per
Share (2)
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs
Maximum Number of
Shares (or Approximate
Dollar Value) that May
Yet Be Purchased
Under the Plans or
Programs
5/1/21 – 5/28/21
—
$
—
—
—
5/29/21 – 6/25/21
232,543
$
150.51
232,543
—
6/26/21 – 7/30/21
—
$
—
—
—
Total for the quarter
232,543
$
150.51
252,543
—
(1)
In response to the COVID-19 pandemic, in March 2020, the Company temporarily suspended all share repurchases until the fourth quarter of 2021 when shares of the Company’s common stock were repurchased in conjunction with the Company’s offering and sale of $300 million aggregate principal amount of 0.625% convertible Senior Notes due 2026.
(2)
Average price paid per share is calculated on a settlement basis.
On September 15, 2021, our Board of Directors approved the repurchase of up to $100,000 of our common stock, with such authorization to expire on October 7, 2022, to the extent it remains unused.
ITEM 6. SELECTED FINANCIAL DATA
Not applicable.
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