DHI GROUP, 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 NYSE under the ticker symbol “DHX”. We have not listed our stock on any other markets or exchanges. Prior to July 18, 2007, there was no public market for our common stock. Holders As of December 31, 2021, there were 19 stockholders of record of our common stock. A significant number of the outstanding shares of common stock which are beneficially owned by individuals and entities are registered in the name of Cede & Co. Cede & Co. is a nominee of The Depository Trust Company, a securities depository for banks and brokerage firms. Dividend Policy We have not declared or paid any cash dividends on our stock as a public company. We currently anticipate that all future earnings will be retained by the Company to support our long-term growth strategy. Accordingly, we do not anticipate paying periodic cash dividends on our stock for the foreseeable future. Furthermore, we are restricted by our Credit Agreement in the amount of cash dividends that we can pay. The payment of any future dividends will be at the discretion of our board of directors and subject to the Credit Agreement and will depend upon, among other things, future earnings, operations, capital requirements, our general financial condition, contractual restrictions and general business conditions. Repurchases of Equity Securities Our board of directors approved a stock repurchase program that permitted the Company to repurchase our common stock. The following table summarizes the stock repurchase plans approved by the board of directors: May 2018 to May 2019 May 2019 to May 2020 May 2020 to May 2021 (1) February 2021 to June 2022 (2) Approval Date May 2018 April 2019 May 2020 February 2021 Authorized Repurchase Amount of Common Stock $7 million $7 million $5 million $20 million (1) During the first quarter of 2021, the Company completed its purchases under the plan, which consisted of 2.2 million shares for $5.0 million, effectively ending the plan prior to its original expiration date. (2) During the second quarter of 2021, the Company ended its $8 million stock repurchase program approved in February 2021 and allowed for the purchase of an additional $12.0 million of our common stock through June 2022, bringing total authorized purchases under the plan to $20.0 million. 29 Table of Contents Under each plan, management has discretion in determining the conditions under which shares may be purchased from time to time. During the three months ended December 31, 2021, purchases of our common stock pursuant to the Stock Repurchase Plans were as follows: Period (a) Total Number of Shares Purchased [1] (b) Average Price Paid per Share [2] (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (d) Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs October 1 through October 31, 2021 245,611 $ 4.86 245,611 $ 9,818,244 November 1 through November 30, 2021 265,675 $ 5.26 265,675 $ 8,421,921 December 1 through December 31, 2021 447,832 $ 5.89 447,832 $ 5,784,018 Total 959,118 959,118 [1] No shares of our common stock were purchased other than through a publicly announced plan or program. [2] Average price paid per share includes costs associated with the repurchases. Performance Graph The following graph shows the total shareholder return of an investment of $100 in cash on December 31, 2016 through December 31, 2021 (the last trading day of our common stock on the NYSE in 2021) for (i) our common stock, (ii) the Russell 2000 and (iii) the Dow Jones Internet Composite Index, at the closing price on December 31, 2021. All values assume reinvestment of the full amount of all dividends, if any. 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 DHX $ 100.00 $ 30.40 $ 24.32 $ 48.16 $ 35.52 $ 99.84 Russell 2000 $ 100.00 $ 114.65 $ 102.02 $ 128.06 $ 153.62 $ 176.39 Dow Jones Internet Composite Index $ 100.00 $ 138.08 $ 147.07 $ 175.96 $ 269.23 $ 287.40 The returns shown on the graph do not necessarily predict future performance. The performance graph is not deemed “filed” with the SEC. 30 Table of Contents Item 6. Reserved None.