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 sole class of common equity is our common stock, par value $0.001, which is currently traded on the NASDAQ Global Select Market under the symbol “CCOI.” Prior to March 6, 2006, our common stock traded on the American Stock Exchange under the symbol “COI.” Prior to February 5, 2002, no established public trading market for our common stock existed.
As of February 1, 2026, there were 106 holders of record of shares of our common stock holding 47,650,780 shares of our common stock.
Performance Graph
The graph below matches Cogent Communications Holdings’ cumulative 5-Year total shareholder return on common stock with the cumulative total returns of the S&P 500 index and the NASDAQ Telecommunications index. The graph tracks the performance of a $100 investment in our common stock and in each index (with the reinvestment of all dividends) from 12/31/2020 to 12/31/2025.
12/20
12/21
12/22
12/23
12/24
12/25
Cogent Communications Holdings
$
100.00
$
127.72
$
105.78
$
149.38
$
160.20
$
47.80
S&P 500
100.00
128.71
105.40
133.10
166.40
196.16
NASDAQ Telecommunications
100.00
102.14
74.69
82.63
93.76
107.59
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
Issuer Purchases of Equity Securities
On August 6, 2025, our Board of Directors authorized a plan to permit the repurchase of up to $100.0 million of our common stock in negotiated and open market transactions through December 31, 2026. This authorization replaced the previous authorization to purchase up to $50.0 million shares during fiscal 2025, which expired on December 31, 2025. As of December 31, 2025, $105.8 million remained available for such negotiated and open market transactions concerning our common stock. We may purchase shares
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from time to time depending on market, economic, and other factors. We did not purchase any shares of our common stock during the fourth quarter of 2025.
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.