Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
Market Information
Jackson Financial's Class A common stock is listed on the NYSE under the symbol, "JXN", and began trading on September 20, 2021. Prior to that date, there was no public trading market for our Class A common stock. On February 14, 2022, the approximate number of shareholders of record at the close of business on that date was 33,000.
Equity Compensation Plans
Our table of equity compensation plans will be included in the definitive proxy statement for the Company's 2022 Annual Meeting of Shareholders, which will be filed with the SEC not later than 120 days after the close of the fiscal year pursuant to Regulation 14A.
Issuer Purchases of Equity Securities
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program (2)
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) (2)
October 1, 2021 - October 31, 2021 — $ — — $ 300
November 1, 2021 - November 30, 2021 1,461,626 $ 34.31 1,461,626 $ 250
December 1, 2021 - December 31, 2021 (1)
4,317,023 $ 37.25 4,317,023 $ 89
Total 5,778,649 5,778,649
(1) Includes repurchases of 2,242,516 shares and 1,134,767 shares under Class A common stock repurchase agreements with Prudential and Athene, respectively.
(2) On November 8, 2021, our Board of Directors authorized a share repurchase program of JFI's Class A common stock of up to $300 million. On February 28, 2022, our Board of Directors authorized an increase of $300 million to the existing share repurchase authorization.
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Common Stock Performance Graph
The graph and table, below, compare the total return on our Class A common stock with the total return on the S&P Global Ratings (“S&P”) 500, S&P 500 Insurance, and S&P 500 Financials indices, respectively, between September 20, 2021 (the date that our Class A common stock commenced regular way trading on the NYSE) through December 31, 2021. The graph and table show the total return on a hypothetical $100 investment in our Class A common stock shares and in each index, respectively, on September 20, 2021, including the reinvestment of all dividends.
9/20/2021 9/30/2021 10/31/2021 11/30/2021 12/31/2021
Jackson Financial Inc. 100 99.62 103.72 121.30 160.27
S&P 500 Index 100 98.85 105.68 104.80 109.37
S&P 500 Insurance Index 100 100.45 107.35 101.20 107.51
S&P 500 Financial Index 100 102.59 109.90 103.54 106.77
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.