DELTA AIR LINES, INC. 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 listed on the New York Stock Exchange ("NYSE") under the trading symbol DAL. Holders As of January 31, 2023, there were approximately 2,200 holders of record of our common stock. Dividends While we have paid cash dividends to holders of our common stock on a quarterly basis, we suspended dividends in March 2020 due to the impact of the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the "CARES Act") and payroll support program extensions restricted the payment of dividends through September 2022. Future dividend payments will be dependent upon our results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by the Board of Directors. Stock Performance Graph The following graph compares the cumulative total returns during the period from December 31, 2017 to December 31, 2022 of our common stock to the Standard & Poor's 500 Stock Index and the NYSE ARCA Airline Index. The comparison assumes $100 was invested on December 31, 2017 in each of our common stock and the indices and assumes that all dividends were reinvested. Delta Air Lines, Inc. | 2022 10-K 31 Item 5. Market Information Issuer Purchases of Equity Securities The following table presents information with respect to purchases of common stock we made during the December 2022 quarter. The table reflects shares withheld from employees to satisfy certain tax obligations due in connection with grants of stock under the Delta Air Lines, Inc. Performance Compensation Plan (the "Plan"). The Plan provides for the withholding of shares to satisfy tax obligations but it does not specify a maximum number of shares that can be withheld for this purpose. The shares of common stock withheld to satisfy tax withholding obligations may be deemed to be "issuer purchases" of shares that are required to be disclosed pursuant to this Item. Shares purchased / withheld from employee awards during the December 2022 quarter Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value (in millions) of Shares That May Yet Be Purchased Under the Plan or Programs October 2022 1,045 $ 28.62 1,045 $ — November 2022 1,356 $ 34.54 1,356 $ — December 2022 1,777 $ 34.74 1,777 $ — Total 4,178 4,178 ITEM 6. (RESERVED) Delta Air Lines, Inc. | 2022 10-K 32 Item 7. MD&A