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 shares are traded on the New York Stock Exchange under the symbol "CHH." As of February 14, 2024, there were 888 holders of record of the Company’s common stock.
ISSUER PURCHASES OF EQUITY SECURITIES
The following table sets forth purchases and redemptions of the Company's common stock made by the Company during the year ended December 31, 2023. Refer to Liquidity and Capital Resources section of Management's Discussion and Analysis of Financial Condition and Resulted of Operations for more information.
Month Ending Total
Number of Shares
Purchased or Redeemed Average Price
Paid per Share Total Number of Shares
Purchased as Part of
Publicly
Announced
Plans or Programs (1)
Maximum
Number of Shares that
may yet be Purchased
Under the Plans or Programs,
End of Period
January 31, 2023 554,622 $ 118.66 554,622 4,120,542
February 28, 2023 404,509 124.03 404,509 3,716,033
March 31, 2023 382,389 119.44 272,089 3,443,944
April 30, 2023 183,083 122.85 182,949 3,260,995
May 31, 2023 207,507 123.84 206,009 3,054,986
June 30, 2023 228,469 116.03 228,469 2,826,517
July 31, 2023 203,134 122.20 203,134 2,623,383
August 31, 2023 177,635 131.26 177,003 2,446,380
September 30, 2023 177,991 126.38 177,763 2,268,617
October 31, 2023 231,841 118.50 231,783 2,036,834
November 30, 2023 232,744 112.75 232,744 1,804,090
December 31, 2023 42,010 124.37 40,618 1,763,472
Total 3,025,934 $ 120.93 2,911,692 1,763,472
(1) During the year ended December 31, 2023, the Company redeemed 114,242 shares of common stock from employees to satisfy the option price and the minimum tax-withholding requirements related to the exercising of options and the vesting of performance vested restricted stock units and restricted stock grants. These redemptions were not part of the Board repurchase authorization.
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STOCKHOLDER RETURN PERFORMANCE
The graph below matches Choice Hotels International, Inc.'s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the NYSE Composite index, the S&P Hotels, Resorts & Cruise Lines index, and the S&P 400 Consumer Discretionary 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 December 31, 2018 to December 31, 2023.
12/31/18 6/30/19 12/31/19 6/30/20 12/31/20 6/30/21 12/31/21 6/30/22 12/31/22 6/30/23 12/31/23
Choice Hotels International, Inc. $ 100.00 $ 121.89 $ 145.92 $ 111.74 $ 151.15 $ 168.65 $ 221.72 $ 159.52 $ 161.65 $ 169.07 $ 164.20
NYSE Composite $ 100.00 $ 116.29 $ 125.51 $ 108.73 $ 134.28 $ 154.67 $ 162.04 $ 138.45 $ 146.89 $ 155.57 $ 167.12
S&P Hotels, Resorts & Cruise Lines $ 100.00 $ 123.55 $ 137.05 $ 67.78 $ 101.59 $ 112.73 $ 121.75 $ 82.52 $ 92.23 $ 127.12 $ 153.39
S&P 400 Consumer Discretionary $ 100.00 $ 116.36 $ 126.57 $ 118.99 $ 165.80 $ 207.51 $ 211.70 $ 150.71 $ 167.18 $ 187.39 $ 207.78
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
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Item 6. Selected Financial Data
Reserved.