MARCHEX INC 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. Market Information Our Class B common stock has been traded on the NASDAQ Global Select Market under the symbol “MCHX” since March 31, 2004 when we completed our initial public offering at a price of $6.50 per share. Prior to that time, there was no public market for our Class B common stock. The following table sets forth, for the periods indicated, the high and low closing sales prices for Marchex’s Class B common stock as reported on the NASDAQ Global Select Market: High Low Year Ended December 31, 2022 First Quarter $ 2.63 $ 1.76 Second Quarter $ 2.35 $ 1.25 Third Quarter $ 2.23 $ 1.24 Fourth Quarter $ 1.89 $ 1.34 Year Ended December 31, 2023 First Quarter $ 2.16 $ 1.72 Second Quarter $ 2.17 $ 1.69 Third Quarter $ 2.11 $ 1.31 Fourth Quarter $ 2.11 $ 1.25 Holders As of March 25, 2024, there was 1 stockholder of record of our Class A common stock and there were approximately 38 stockholders of record of our Class B common stock, respectively. Since many of our shares of Class B common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. Issuer Purchases of Equity Securities In November 2014, we established a 2014 share repurchase program, which supersedes and replaces any prior repurchase programs, and authorized the Company to repurchase up to 3,000,000 shares in the aggregate of the Company’s Class B common stock. During the fourth quarter of 2023, we did not have any share repurchases under this program and 1,319,128 Class B common shares remain available for purchase under the plan. ITEM 6. SELECTED FINANCIAL DATA. As a smaller reporting company under SEC Regulations, we are not required to provide this information. 25 Table of Contents