FACTSET RESEARCH SYSTEMS INC 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES (a) Market Information, Holders and Dividends Market Information – Our common stock is listed on the NYSE and NASDAQ under the symbol FDS. The following table sets forth, for each fiscal period indicated, the high and low sales prices per share of our common stock as reported on the NYSE: First Second Third Fourth 2021 High $ 357.92 $ 357.69 $ 365.77 $ 383.21 Low $ 303.11 $ 294.21 $ 302.92 $ 319.65 2020 High $ 289.98 $ 310.25 $ 307.97 $ 363.64 Low $ 233.09 $ 275.12 $ 195.22 $ 279.01 Holders of Record – As of October 15, 2021, we had approximately 2,346 holders of record of our common stock. However, because many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. The closing price of our common stock on October 15, 2021, was $380.22 per share as reported on the NYSE. Dividends - During fiscal years 2021 and 2020, our Board of Directors declared the following dividends on our common stock: Year Ended Dividends per Share of Common Stock Record Date Total $ Amount (in thousands) Payment Date Fiscal 2021 First Quarter $ 0.77 November 30, 2020 $ 29,266 December 17, 2020 Second Quarter $ 0.77 February 26, 2021 $ 29,141 March 18, 2021 Third Quarter $ 0.82 May 31, 2021 $ 30,972 June 17, 2021 Fourth Quarter $ 0.82 August 31, 2021 $ 30,845 September 16, 2021 Fiscal 2020 First Quarter $ 0.72 November 29, 2019 $ 27,291 December 19, 2019 Second Quarter $ 0.72 February 28, 2020 $ 27,251 March 19, 2020 Third Quarter $ 0.77 May 29, 2020 $ 29,188 June 18, 2020 Fourth Quarter $ 0.77 August 31, 2020 $ 29,283 September 17, 2020 Future dividend payments will depend on our earnings, capital requirements, financial condition and other factors considered relevant by us, and is subject to final determination by our Board of Directors. (b) Recent Sales of Unregistered Securities There were no sales of unregistered equity securities during fiscal 2021. (c) Issuer Purchases of Equity Securities 27 Table of Contents The following table provides a month-to-month summary of the share repurchase activity under our current share repurchase program during the three months ended August 31, 2021: (in thousands, except per share data) Period Total number of shares purchased (1) Average price paid per share Total number of shares purchased as part of publicly announced plans or programs (2) Maximum number of shares (or approximate dollar value) that may yet be purchased under the plans or programs (2) June 2021 7,721 $ 336.66 5,000 $ 290,699 July 2021 173,398 $ 342.32 172,526 $ 231,635 August 2021 89,870 $ 360.83 88,000 $ 199,893 (3) 270,989 265,526 (1) Includes 265,526 shares purchased under the existing share repurchase program, as well as 5,463 shares repurchased from employees to cover their cost of taxes due upon the vesting or exercise of stock-based awards. (2) Repurchases may be made from time to time in the open market and privately negotiated transactions, subject to market conditions. No minimum number of shares to be repurchased has been fixed. There is no timeframe to complete the share repurchase program and it is expected that share repurchases will be paid using existing and future cash generated by operations. (3) On March 23, 2021, the Board of Directors of FactSet approved a $205.6 million increase to the existing share repurchase program. As of August 31, 2021, a total of $199.9 million remained available for future share repurchases under the program. Securities Authorized for Issuance under Equity Compensation Plans – refer to Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters of this Annual Report on Form 10-K. Stock Performance Graph The annual changes for the five-year period shown in the graph below assume $100 had been invested in our common stock, the Standard & Poor’s 500 Index, the Dow Jones U.S. Financial Services Index, and the S&P 500 Financial Exchange and Data Index on August 31, 2016, or the origination date of each respective index. The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 31, 2021. Stockholder returns over the indicated period are based on historical data and should not be considered indicative of future stockholder returns. 28 Table of Contents 2016 2017 2018 2019 2020 2021 FactSet Research Systems Inc. $ 100 $ 88 $ 129 $ 153 $ 197 $ 214 S&P 500 Index $ 100 $ 114 $ 134 $ 135 $ 161 $ 208 Dow Jones U.S. Financial Services Index $ 100 $ 126 $ 153 $ 147 $ 142 $ 212 S&P 500 Financial Exchanges and Data $ 100 $ 119 $ 155 $ 191 $ 222 $ 276 The information contained in the above graph shall not be deemed to be soliciting material or filed or incorporated by reference in future filings with the SEC, or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, except to the extent that we specifically incorporate it by reference into a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. ITEM 6. SELECTED FINANCIAL DATA The information required by Item 301 and Item 302 of Regulation S-K has been omitted as we have adopted the changes to Item 301 and Item 302 of Regulation S-K contained in SEC Release No. 33-10890. 29 Table of Contents