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 listed on Nasdaq under the symbol “CNXC”. As of January 16, 2026, there were 61,597,304 shares of common stock outstanding held by approximately 2,764 stockholders of record.
Dividends
During fiscal years 2025 and 2024, the Company paid the following dividends per share approved by the Company’s board of directors:
Announcement Date Record Date Per Share Dividend Amount Payment Date
January 24, 2024 February 5, 2024 $0.3025 February 15, 2024
March 26, 2024 April 26, 2024 $0.3025 May 7, 2024
June 26, 2024 July 26, 2024 $0.3025 August 6, 2024
September 25, 2024 October 25, 2024 $0.33275 November 5, 2024
January 15, 2025 January 31, 2025 $0.33275 February 11, 2025
March 26, 2025 April 25, 2025 $0.33275 May 6, 2025
June 26, 2025 July 25, 2025 $0.33275 August 5, 2025
September 25, 2025 October 24, 2025 $0.36 November 4, 2025
Our board of directors expects that cash dividends will be paid on a quarterly basis in the future. However, any decision to pay future cash dividends will be subject to our board of directors’ approval, and will depend on many factors, such as our financial condition, earnings, capital requirements, debt service obligations, restrictive covenants in our debt agreements, industry practice, legal requirements, regulatory constraints, and other factors that our board of directors deems relevant. Our ability to pay dividends will depend on our ongoing ability to generate cash from operations and on our access to the capital markets. We cannot guarantee that we will continue to pay dividends in the future.
Share Repurchases
In September 2021, our board of directors authorized the repurchase of up to $500 million of our common stock from time to time as market and business conditions warrant, including through open market purchases or Rule 10b5-1 trading plans. In January 2025, the Company’s board of directors extended the share repurchase program by authorizing an increase of the amount remaining for share repurchases under the existing share repurchase authorization to $600 million. The repurchase program has no termination date and may be suspended or discontinued at any time. As of November 30, 2025, we had repurchased 7,447,427 shares under the share repurchase program for approximately $514.7 million in the aggregate. At November 30, 2025, we had approximately $439.5 million remaining for share repurchases under the existing authorization from our board of directors.
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The following table summarizes the Company’s purchases of common stock during the fourth quarter of the fiscal year ended November 30, 2025:
Period Total number of shares
purchased (1) (2)
Average price paid
per share Total number of shares purchased as
part of publicly announced program (2)
Maximum dollar amount that may yet be
purchased under the program (in thousands) (3)
September 1, 2025 - September 30, 2025 267,252 $ 53.23 264,597 $ 481,318
October 1, 2025 - October 31, 2025 787,716 $ 46.10 434,858 $ 461,270
November 1, 2025 - November 30, 2025 610,044 $ 35.75 609,882 $ 439,468
Total 1,665,012 $ 43.35 1,309,337
(1) Includes shares withheld upon the vesting of certain equity awards to satisfy tax withholding obligations.
(2) Includes shares repurchased as part of the Company’s share repurchase program initiated in September of 2021.
(3) In January 2025, the Company’s board of directors extended the share repurchase program by authorizing an increase of the amount remaining for share repurchases under the existing share repurchase authorization to $600,000. The repurchase program has no termination date and may be suspended or discontinued at any time.
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Stock Price Performance Graph
The stock price performance graph below compares our cumulative total stockholder return for the period from December 1, 2020 through November 30, 2025 with the cumulative total return of the S&P Midcap 400 Index for the same period and a Peer Group comprised of CX-focused technology and service providers that are publicly traded companies: Majorel Group Luxembourg S.A. (from initial public offering in September 2021 through acquisition by Teleperformance on November 23, 2023), TaskUs Inc. (from initial public offering in June 2021), TDCX Inc. (from initial public offering in October 2021 through becoming a private company in June 2024), Teleperformance S.A., TELUS International (from initial public offering in February 2021 through becoming a private company in October 2025), and TTEC Holdings, Inc., in each case assuming a $100 initial investment.
December 1, 2020 November 30, 2021 November 30, 2022 November 30, 2023
November 30, 2024
November 30, 2025
Concentrix Corporation $ 100.00 $ 158.10 $ 116.55 $ 89.51 $ 42.81 $ 36.89
S&P Midcap 400 $ 100.00 $ 123.43 $ 117.47 $ 116.82 $ 153.39 $ 164.58
Peer Group $ 100.00 $ 121.30 $ 72.41 $ 35.76 $ 26.18 $ 25.83
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ITEM 6. [RESERVED]