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 Price for the Common Stock
Our common stock is traded on the NASDAQ Global Select Market under the symbol “MMSI.” As of February 24, 2022, the number of shares of our common stock outstanding was 56,572,579 held by approximately 100 shareholders of record, not including shareholders whose shares are held in securities position listings. We did not repurchase any shares during the years ended December 31, 2021, 2020 and 2019.
Performance
The following graph compares the performance of our common stock with the performance of the NASDAQ Stock Market (U.S. Companies), the NASDAQ US Benchmark TR Index, and NASDAQ Stocks (SIC 3840-3849 U.S. Companies - Surgical, Medical and Dental Instruments and Supplies) f or a five-year period by measuring the changes in common stock prices from December 31, 2016 to December 31, 2021. As a result of a change in the total return data made available to us through our third-party index provider, information for NASDAQ Stock Market (U.S. Companies) is provided only from December 31, 2016 through December 31, 2020, the last day this data was available from our third-party index provider. The broad equity market index that we intend to use going forward is the NASDAQ US Benchmark TR Index.
12/2016
12/2017
12/2018
12/2019
12/2020
12/2021
Merit Medical Systems, Inc.
$
100.00
$
163.02
$
210.60
$
117.81
$
209.47
$
235.09
NASDAQ Stock Market (U.S. Companies)
100.00
129.30
127.19
173.10
249.16
—
NASDAQ US Benchmark (TR)
100.00
121.38
114.77
150.55
182.57
229.84
NASDAQ Stocks (SIC 3840-3849 U.S. Companies)
100.00
174.54
196.96
241.61
353.35
395.36
37
Table of Contents
The stock performance graph assumes for comparison that the value of our common stock and of each index was $100 on December 31, 2016 and that all dividends were reinvested. Past performance is not necessarily an indicator of future results.
NOTE: Performance graph data is complete through last fiscal year. Corporate Performance Graph with peer group uses peer group only performance (excludes only Merit). Peer group indices use beginning of period market capitalization weighting. Prepared by Zacks Investment Research, Inc. Used with permission. All rights reserved. Copyright 1980-2022. Index Data: Calculated (or Derived) based from CRSP NASDAQ Stock Market (US Companies), Center for Research in Security Prices (CRSP®), Graduate School of Business, The University of Chicago. Copyright 2022. Used with permission. All rights reserved. Index Data: Copyright NASDAQ OMX, Inc. Used with permission. All rights reserved.
Item 6. Reserved