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
 
Market Information
 
Our common stock is traded on the NASDAQ Global Select Market under the symbol "LSCC".
 
Holders
 
As of February 13, 2023, we had approximately 177 stockholders of record.
 
Dividends
 
The payment of dividends on our common stock is within the discretion of our Board of Directors. We intend to retain earnings to finance our business. We have never paid cash dividends.
 
Recent Sales of Unregistered Securities
 
None.
 
Issuer Purchases of Equity Securities
 
On August 8, 2022, we announced that our Board of Directors had approved a stock repurchase program pursuant to which up to $150 million of outstanding common stock could be repurchased from time to time (the "2023 Repurchase Program"). The duration of the 2023 Repurchase Program is through the end of December 2023. Under the 2023 Repurchase Program during the fourth quarter of fiscal 2022, we repurchased 288,652 shares for $20.0 million, or an average price paid per share of $69.27. All repurchases were open market transactions funded from available working capital. All shares repurchased pursuant to the 2023 Repurchase Programs were retired by the end of the fourth quarter of fiscal 2022. We have repurchased a total of 1,951,934 shares for $110.1 million, or an average price paid per share of $56.42, during fiscal year 2022.
 
The following table contains information regarding our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the fourth quarter of fiscal 2022:
 
 
Period
 
Total Number of Shares Purchased
 
 
Average Price Paid per Share
 
 
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a)
 
 
Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs ($M) (b)
 
October 2, 2022 through October 29, 2022
 
 
—
 
 
$
—
 
 
 
—
 
 
$
149.7
 
October 30, 2022 through November 26, 2022
 
 
—
 
 
$
—
 
 
 
—
 
 
$
149.7
 
November 27, 2022 through December 31, 2022
 
 
288,652
 
 
$
69.27
 
 
 
288,652
 
 
$
129.7
 
Total
 
 
288,652
 
 
$
69.27
 
 
 
288,652
 
 
$
129.7
 
 
(a)
 
All repurchases during the quarter were open-market transactions funded from available working capital made under the authorization from our Board of Directors to purchase up to $150.0 million of our common stock announced August 8, 2022
(b)
 
As of December 31, 2022 this amount consisted of the remaining portion of the $150.0 million program authorized through the end of December 2023 that was announced August 8, 2022 .
 
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Comparison of Total Cumulative Stockholder Return
 
The following graph shows the five-year comparison of cumulative stockholder return on our common stock, the Standard and Poor's (“S&P”) 500 Index and the Philadelphia Semiconductor Index (“PHLX”) from December 2017 through December 2022. Cumulative stockholder return assumes $100 invested at the beginning of the period in our common stock, the S&P and PHLX. Historical stock price performance is not necessarily indicative of future stock price performance.
 
Lattice Cumulative Stockholder Return
 
 
 
 
 
 
Item 6. Reserved
 
 
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