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
Stock Listing
Capitol Federal Financial, Inc. common stock is traded on the Global Select tier of the NASDAQ Stock Market under the symbol "CFFN". At November 22, 2023, there were approximately 7,495 holders of record of Capitol Federal Financial, Inc. common stock.
Share Repurchases
The following table summarizes our share repurchase activity during the three months ended September 30, 2023 and additional information regarding our share repurchase program. As of September 30, 2023, the Company had $21.2 million of common stock that could be repurchased under its existing stock repurchase plan. This plan has no expiration date; however, the Federal Reserve Bank's approval for the Company to repurchase shares extends through August 2024. Shares may be repurchased from time to time in the open market or in privately negotiated transactions based upon market conditions and available liquidity. From December 2010 through September 30, 2023, $417.0 million worth of common stock was repurchased.
Total Number of Approximate Dollar
Total Shares Purchased as Value of Shares
Number of Average Part of Publicly that May Yet Be
Shares Price Paid Announced Plans Purchased Under the
Purchased per Share or Programs Plans or Programs
July 1, 2023 through
July 31, 2023 — $ — — $ 22,469,207
August 1, 2023 through
August 31, 2023 — — — 22,469,207
September 1, 2023 through
September 30, 2023 250,594 4.97 250,594 21,222,929
Total 250,594 4.97 250,594 21,222,929
Stockholders and General Inquiries
Copies of our Annual Report on Form 10-K for the fiscal year ended September 30, 2023 are available to stockholders at no charge in the Investor Relations section of our website, www.capfed.com.
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Stockholder Return Performance Presentation
The information presented below assumes $100 invested on September 30, 2018 in the Company's common stock and in each of the indices, and assumes the reinvestment of all dividends. Historical stock price performance is not necessarily indicative of future stock price performance.
Period Ending
Index 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023
Capitol Federal Financial, Inc. 100.00 116.58 82.57 109.88 85.20 53.25
NASDAQ Composite Index 100.00 100.52 141.70 184.58 136.12 171.65
S&P U.S. BMI Banks Index 100.00 100.32 73.65 134.01 102.95 99.73
Source: S&P Global Market Intelligence
Restrictions on the Payment of Dividends
The Company's ability to pay dividends is dependent, in part, upon its ability to obtain capital distributions from the Bank. The dividend policy of the Company is subject to the discretion of the Board of Directors and will depend upon a number of factors, including the Company's financial condition and results of operations, regulatory capital requirements, regulatory limitations on the Bank's ability to make capital distributions to the Company, and the amount of cash at the holding company level.
Item 6. [Reserved]
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