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
Market Information
Our common stock trades on the New York Stock Exchange under the symbol "DXC."
Number of Holders
As of May 1, 2026, there were 32,748 holders of record of our common stock.
Dividends
The Board indefinitely suspended the Company’s cash dividend payment beginning in the first quarter of fiscal 2021. As of March 31, 2026, the Company does not intend to reinstate its quarterly cash dividends.
Issuer Purchases of Equity Securities
The following table provides information on a monthly basis for the quarter ended March 31, 2026, with respect to the Company’s purchase of equity securities:
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
of Shares that
May Yet be Purchased
Under the Plans or Programs
January 1, 2026 to January 31, 2026 555,747 $ 14.75 555,747 $ 393,675,231
February 1, 2026 to February 28, 2026 1,781,041 $ 13.48 1,781,041 $ 369,668,839
March 1, 2026 to March 31, 2026 2,290,471 $ 12.14 2,290,471 $ 341,871,943
Total 4,627,259 $ 12.97 4,627,259
On May 18, 2023, DXC announced that its Board approved an incremental $1.0 billion share repurchase authorization. As of March 31, 2026, approximately $342 million worth of shares remained available for repurchase under the plans or programs. Share repurchases may be made from time to time through various means, including in open market purchases, 10b5-1 plans, privately-negotiated transactions, accelerated stock repurchases, block trades and other transactions, in compliance with Rule 10b-18 under the Exchange Act of 1934, as amended, as well as, to the extent applicable, other federal and state securities laws and other legal requirements. The timing, volume, and nature of share repurchases pursuant to the share repurchase plan are at the discretion of management and may be suspended or discontinued at any time.
On August 16, 2022, the U.S. government enacted the Inflation Reduction Act (the "IRA") into law. The IRA imposes a 1% excise tax on share repurchases completed after December 31, 2022. We reflect the excise tax within equity as part of the repurchase of the common stock.
See Note 15 - "Stockholders' Equity" to the financial statements in this Annual Report on Form 10-K for more information.
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Performance Graph
The following graph compares the cumulative return on our common stock for the most recent five years, with the cumulative return on the Standard & Poor’s 600 Stock Index ("S&P 600 Index") and Standard & Poor's 600 Information Technology Index ("S&P 600 Information Technology Index"). The graph assumes that $100 was invested at the market close on March 31, 2021 (the last trading day of fiscal 2021) in our common stock, and the relevant comparison indices and that dividends have been reinvested. The stock price performance of the following graph is not necessarily indicative of future stock price performance.
Comparison of Five Year Cumulative Total Return
The following table provides total shareholder returns assuming $100 was invested on April 1, 2021, with annual returns using our fiscal year-end date:
Company/Market/Peer Group 2022 2023 2024 2025
2026
DXC Technology Company 4.0 % (22.0) % (17.0) % (20.0) % (26.0) %
S&P 600 Index 1.0 % (9.0) % 16.0 % (3.0) % 20.0 %
S&P 600 Information Technology Index 2.0 % (5.0) % 6.0 % (14.0) % 50.0 %
Securities Authorized for Issuance Under Equity Compensation Plans
See Part III, Item 12 of this Annual Report on Form 10-K for information regarding our equity compensation plans.
ITEM 6. RESERVED
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