COLUMBIA SPORTSWEAR CO 10-K

Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES MARKET INFORMATION Our common stock is traded on the NASDAQ Global Select Market under the symbol "COLM". HOLDERS As of February 10, 2023, we had 252 shareholders of record, although we have a much larger number of beneficial owners, whose shares of record are held by banks, brokers and other financial institutions. DIVIDENDS Our current dividend policy is dependent on our earnings, capital requirements, financial condition, restrictions imposed by our credit agreements, and other factors considered relevant by our Board of Directors. Quarterly dividends on our common stock, when declared by our Board of Directors, are paid in March, May, August, and November. Our Board of Directors approved a regular quarterly cash dividend of $0.30 per share, payable on March 21, 2023 to shareholders of record on March 10, 2023. PERFORMANCE GRAPH The line graph below compares the cumulative total shareholder return of our common stock with the cumulative total return of the Russell 1000 Index and Russell 1000 Clothing and Accessories Index for the period beginning December 31, 2017 and ending December 31, 2022. The graph and table below assume that $100 was invested on December 31, 2017, and that any dividends were reinvested. Historical stock price performance should not be relied on as indicative of future stock price performance. (1) The FTSE Russell, which manages various indexes, completed a multi-year consultation and enhancement process for Russell US Indexes. This resulted in the Russell 1000 Textile Apparel and Shoe Index to be classified as the Russell 1000 Clothing and Accessories Index. COLUMBIA SPORTSWEAR COMPANY | 2022 FORM 10-K | 19 Table of Contents Total Return Analysis Year Ended December 31, 2017 2018 2019 2020 2021 2022 Columbia Sportswear Company $ 100.00 $ 118.22 $ 142.28 $ 124.53 $ 140.26 $ 127.95 Russell 1000 Index $ 100.00 $ 95.22 $ 125.14 $ 151.37 $ 191.42 $ 154.80 Russell 1000 Clothing and Accessories Index $ 100.00 $ 102.79 $ 140.93 $ 175.76 $ 194.82 $ 135.97 ISSUER PURCHASES OF EQUITY SECURITIES Since the inception of our share repurchase program in 2004 through December 31, 2022, our Board of Directors has authorized the repurchase of $2.0 billion of our common stock. Shares of our common stock may be purchased in the open market or through privately negotiated transactions, subject to market conditions, and generally settle subsequent to the trade date. The repurchase program does not obligate us to acquire any specific number of shares or to acquire shares over any specified period of time. Under this program as of December 31, 2022, we had repurchased 31.7 million shares at an aggregate purchase price of $1,470.6 million , and had $529.4 million remaining available. The Company did not repurchase common stock during the quarter ended December 31, 2022. ITEM 6. [Reserved] Not applicable.