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 Shares of our common stock are publicly traded on the New York Stock Exchange under the symbol "GM".
Holders At January 18, 2022, we had 1.5 billion issued and outstanding shares of common stock held by 475 holders of record.
Dividends We do not plan to reinstate a regular common stock dividend at this time as we prioritize investment in our growth strategy.
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GENERAL MOTORS COMPANY AND SUBSIDIARIES
Stock Performance Graph The following graph compares the performance of our common stock to the Standard & Poor's 500 Stock Index and the Dow Jones Automobile & Parts Titans 30 Index for the last five years. It assumes $100 was invested o n December 31, 2016, with dividends being reinvested.
The following table summarizes stock performance graph data points in dollars:
Years ended December 31,
2016 2017 2018 2019 2020 2021
General Motors Company $100 $123 $104 $119 $138 $194
S&P 500 Stock Index $100 $122 $116 $153 $181 $233
Dow Jones Automobile & Parts Titans 30 Index $100 $121 $95 $108 $163 $204
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GENERAL MOTORS COMPANY AND SUBSIDIARIES
Purchases of Equity Securities The following table summarizes our purchases of common stock in the three months ended December 31, 2021:
Total Number of Shares Purchased(a) Weighted Average Price Paid per Share Total Number of Shares Purchased Under Announced Programs(b) Approximate Dollar Value of Shares That May Yet be Purchased Under Announced Programs
October 1, 2021 through October 31, 2021 26,954 $ 53.13 — $3.3 billion
November 1, 2021 through November 30, 2021 — $ — — $3.3 billion
December 1, 2021 through December 31, 2021 — $ — — $3.3 billion
Total 26,954 $ 53.13 —
__________
(a) Shares purchased consist of shares delivered by employees or directors to us for the payment of taxes resulting from issuance of common stock upon the vesting of Restricted Stock Units (RSUs) relating to compensation plans. In June 2020 our shareholders approved the 2020 Long-Term Incentive Plan (LTIP), which authorizes awards of stock options, stock appreciation rights, RSUs, Performance Stock Units (PSUs) or other stock-based awards to selected employees, consultants, advisors and non-employee Directors of the Company. Refer to Note 22 to our consolidated financial statements for additional details on employee stock incentive plans.
(b) In January 2017, we announced that our Board of Directors had authorized the purchase of up to an additional $5.0 billion of our common stock with no expiration date.
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Item 6. [Reserved]
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the is authoritative for anything you rely on.