Item 5. Market for Registrant’s Common Equity
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
(a) The Company’s common stock trades on The Nasdaq Global Select Market ® under the symbol GNTX. As of December 31, 2025, there were 3,452 record-holders of the Company’s common stock and restricted common stock.
See Item 12 of Part III with respect to "Equity Compensation Plan Information", which is incorporated herein by reference.
Stock Performance Graph: The following graph depicts the cumulative total return on the Company’s common stock compared to the cumulative total return on the Nasdaq Composite Index (all U.S. companies) and the
22
Dow Jones U.S. Auto Parts Index (excluding tire and rubber makers). The graph assumes an investment of $100 on the last trading day of 2020 and reinvestment of dividends in all cases.
In February 2022, the Board approved a continuing resolution to pay a quarterly dividend at a rate of $0.120 per share until the Board takes other action with respect to the payment of dividends. The Company intends to continue to pay a quarterly cash dividend and will consider future dividend rate adjustments based on the Company’s financial condition, profitability, cash flow, liquidity and other relevant business factors.
(b) Not applicable.
(c) The Company has in place and has announced a share repurchase plan. As previously disclosed, the Company may purchase authorized shares of its common stock under the plan based on a number of factors, including: market, economic, and industry conditions; the market price of the Company's common stock; anti-dilutive effect on earnings; available cash; and other factors that the Company deems appropriate. The plan does not have an expiration date, but the Board of Directors reviews such plan periodically. On July 16, 2025, the Company announced a new share repurchase authorization of 40 million shares in addition to the Company's prior repurchase authorization.
23
The following is a summary of share repurchase activity during 2025:
Issuer Purchase of Equity Securities
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased As Part of a Publicly Announced Plan* Maximum Number of Shares That May Yet Be Purchased Under the Plan*
January 2025 — $ — — 9,449,398
February 2025 250,015 24.74 250,015 9,199,383
March 2025 2,850,336 24.50 2,850,336 6,349,047
April 2025 300,084 22.02 300,084 6,048,963
May 2025 2,400,790 22.39 2,400,790 3,648,173
June 2025 3,001,190 21.93 3,001,190 646,983
July 2025 — — — 40,646,983
August 2025 476,501 27.70 476,501 40,170,482
September 2025 527,079 28.61 527,079 39,643,403
October 2025 375,560 23.96 375,560 39,267,843
November 2025 1,652,356 23.07 1,652,356 37,615,487
December 2025 1,753,179 23.65 1,753,179 35,862,308
Total 13,587,090 13,587,090
* See above paragraph with respect to the publicly announced share repurchase plan
Item 6. [Reserved]
24