KADANT INC 10-K

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities Market Price of Common Stock Our common stock trades on the New York Stock Exchange under the symbol "KAI." The closing market price on the New York Stock Exchange for our common stock on February 16, 2024 was $339.08 per share. Holders of Common Stock As of February 16, 2024, we had approximately 1,771 holders of record of our common stock. This does not include holdings in street or nominee name. Issuer Purchases of Equity Securities On May 18, 2023, our board of directors approved the repurchase of up to $50.0 million of our equity securities during the period from May 18, 2023 to May 18, 2024. We have not repurchased any shares of our common stock under this authorization or under our previous $50.0 million authorization, which expired on May 19, 2023. Performance Graph This performance graph compares the cumulative, five-year total shareholder return assuming an investment of $100 (and the reinvestment of dividends) in our common stock, the Russell 3000 Stock Index, and the Dow Jones U.S. Industrial Machinery TSM Index. Because our fiscal year ends on a Saturday, the graph values are calculated using the last trading day prior to the end of our fiscal year. 12/29/2018 12/28/2019 1/2/2021 1/1/2022 12/31/2022 12/30/2023 Kadant Inc. $ 100.00 $ 131.76 $ 177.36 $ 291.60 $ 226.24 $ 359.00 Russell 3000 100.00 131.02 158.39 199.03 160.80 202.54 Dow Jones U.S. Industrial Machinery TSM 100.00 136.01 158.69 197.34 172.24 219.97 Item 6. [Reserved] 23 Table of Contents Kadant Inc.