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
Our Class A common stock is traded on the New York Stock Exchange under the symbol “HOV” and was held by 199 stockholders of record at December 12 , 2024. There is no established public trading market for our Class B common stock, which was held by 148 stockholders of record at December 12 , 2024. If a stockholder desires to sell shares of Class B common stock (other than to Permitted Transferees (as defined in the Company’s amended Certificate of Incorporation)), such stock must be converted into shares of Class A common stock at a one -to- one conversion rate.
Recent Sales of Unregistered Equity Securities
None.
Issuer Purchases of Equity Securities
None.
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Performance Graph
This performance graph shall not be deemed “ soliciting material ” or “ filed ” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.
The following graph compares the five -year cumulative total return of our Class A common stock with the Standard & Poor ’ s ( “ S&P ” ) 500 Index and the S&P Homebuilding Index. The graph assumes $ 100 invested on October 31, 2019 in our Class A common stock, the S&P 500 Index and the S&P Homebuilding Index, and the reinvestment of all dividends.
The stock price performance shown on the following graph is not necessarily indicative of future stock performance.
Source: Standard & Poor ’ s, a division of S&P Global.
10 / 19
10 / 20
10 / 21
10 / 22
10 / 23
10 / 24
Hovnanian Enterprises, Inc.
100.00
126.63
335.96
160.81
277.03
701.91
S&P 500
100.00
109.71
156.79
133.88
147.46
203.52
S&P Homebuilding
100.00
117.37
155.67
132.48
186.63
310.37
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 original document is authoritative for anything you rely on.