Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
The Company’s Cla ss A common stock is traded on the New York Stock Exchange under the symbol EPAC. As of September 30, 2021, there were 971 shareh olders of record of the Company's Class A common stock.
Dividends
In fiscal 2021, the Company declared a dividend of $0.04 per common share payable on October 18, 2021 to shareholders of record on October 1, 2021. In fiscal 2020, the Company declared a dividend of $0.04 per common share payable on October 19, 2020 to shareholders of record on October 2, 2020.
Share Repurchases
The Company's Board of Directors has authorized the repurchase of shares of the Company's common stock under publicly announced share repurchase programs. Since the inception of the initial share repurchase program in fiscal 2012, the Company has repurchased 22,799,230 shares of common stock for $668 million with 5,200,770 shares remaining authorized for additional repurchases under the program. There were no share repurchases during the fourth quarter of fiscal 2021.
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Performance Graph:
The graph and table below compare the cumulative 5-year total return of the Company's common stock with the cumulative total returns of the Russell 2000 Index and the S&P 600 Industrial index. They assume that the value of the investment in our common stock for the last trading day of each fiscal year, in each index, and in the peer group (in each case, including reinvestment of dividends) was $100 on August 31, 2016 and tracks it through August 31, 2021.
*$100 Invested on 8/31/16 in stock or index, including reinvestment of dividends.
Fiscal year ending August 31.
Copyright© 2021 Standard & Poor's, a division of S&P Global. All rights reserved.
Copyright© 2021 Russell Investment Group. All rights reserved.
8/16 8/17 8/18 8/19 8/20 8/21
Enerpac Tool Group Corp. $ 100.00 $ 101.10 $ 123.99 $ 93.65 $ 87.86 $ 106.51
Russell 2000 100.00 114.91 144.16 125.57 133.13 195.81
S&P 600 Industrial 100.00 107.31 136.57 114.26 119.05 170.55
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
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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.