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.
On August 2, 2021, our common stock began regular-way trading on the New York Stock Exchange (“NYSE”) under the symbol “GXO.”
On February 15, 2022, there were approximately 99 record holders of our common stock.
We have never declared or paid cash dividends on our common stock. Any determination to pay dividends on our common stock will be at the discretion of our board of directors, subject to applicable laws, and will depend on our financial condition, results of operations, capital requirements, general business conditions and other factors that our board of directors considers relevant.
Stock Performance Graph
The following graph sets forth the cumulative total stockholder return to GXO’s stockholders for the period beginning August 2, 2021, the date of the Separation, through December 31, 2021, as well as the corresponding returns on the S&P 400 MidCap Index, S&P 500 Technology Index and the S&P 500 Transportation Index.
The stock performance assumes $100 was invested on August 2, 2021, in our common stock, the S&P 400 MidCap Index, S&P 500 Technology Index and the S&P 500 Transportation Index, including reinvestment of dividends through December 31, 2021.
8/2/21 8/31/21 9/30/21 10/31/21 11/30/21 12/31/21
GXO $ 100.00 $ 129.68 $ 124.37 $ 140.80 $ 152.29 $ 144.01
S&P 400 MidCap Index 100.00 102.27 98.09 103.79 100.62 105.57
S&P 500 Technology Index
100.00 103.82 97.77 105.71 110.18 113.85
S&P 500 Transportation Index
100.00 100.71 94.03 107.56 102.47 110.27
Item 6. [Reserved]
20
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