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 trades on the NASDAQ® Stock Market under the symbol “DCOM”. Prior to the Merger, our common shares were traded under the symbol “BDGE”. At February 22, 2022, we had approximately 1,147 shareholders of record, not including the number of persons or entities holding stock in nominee or the street name through various banks and brokers.
DCOM Performance Graph
Pursuant to the regulations of the SEC, the graph below compares our performance with that of the total return for the NASDAQ® Composite Index and the S&P SmallCap 600 Banks Index from December 31, 2016 through December 31, 2021. The graph assumes the reinvestment of dividends in additional shares of the same class of equity securities as those listed below. The following performance graph reflects the performance of BDGE prior to the Merger.
Year Ended December 31,
Index
2016
2017
2018
2019
2020
2021
Dime Community Bancshares, Inc.
100.00
94.88
71.00
96.37
72.77
108.64
S&P SmallCap 600 Banks Index
100.00
101.68
91.21
112.06
99.99
134.23
NASDAQ Composite Index
100.00
129.64
125.96
172.18
249.51
304.85
21
Table of Contents
Issuer Purchases of Equity Securities
The following table presents information regarding purchases of common stock during the three months ended December 31, 2021:
Total
Total Number of
Maximum Number
Number
Average
Shares Purchased
of Shares that May
of Shares
Price Paid
as Part of Publicly
Yet be Purchased
Period
Purchased
Per Share
Announced Programs
Under the Programs (1)
October 2021
267,503
$
34.54
267,503
1,670,085
November 2021
92,764
35.86
92,764
1,577,321
December 2021
490,634
34.12
490,634
1,086,687
(1) In August 2021, we announced the adoption of a new stock repurchase program of up to 2,043,968 shares, upon the completion of our existing authorized stock repurchase program. The stock repurchase program may be suspended, terminated, or modified at any time for any reason, and has no termination date. As of December 31, 2021, there were 1,086,687 shares remaining to be purchased in the program.
Item 6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.