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
Neogen Common Stock is traded on the NASDAQ Global Select Market under the symbol NEOG.
Holders
As of June 30, 2022, there were 215 stockholders of record of our common stock. The actual number of holders is greater than this number of holders and includes stockholders who are beneficial owners but whose shares are held in street name by brokers and other nominees.
Dividends
Neogen has never paid cash dividends on its Common Stock and does not expect to pay dividends in the foreseeable future.
Securities Authorized for Issuance under Equity Compensation Plan
Equity Compensation Plan Information
(shares in thousands)
Number of shares to be issued upon
exercise of outstanding options and
RSUs (1)
Weighted average
price of
outstanding options
and RSUs
Number of securities remaining available for future
issuance under equity compensation plans (excluding
securities reflected in first column) (2)
Equity compensation plans approved by shareholders
3,501
$
32.42
5,386
Equity compensation plans not approved by shareholders
—
—
3,501
$
32.42
5,386
(1)
Outstanding options and RSUs as of May 31, 2022.
(2)
Reflects shares available for future issuance as May 31, 2022 under our 2018 Omnibus Incentive Plan dated August 28, 2018 and approved by shareholders on October 4, 2018.
For additional information, see Note 5, Equity Compensation Plans, in the consolidated financial statements.
The graph below matches Neogen Corporation’s cumulative 5-Year
total shareholder return on common stock with the cumulative total returns of the NASDAQ Composite index and the NASDAQ Medical Equipment index. The graph tracks the performance of a $100 investment in our common stock and in each index (with the reinvestment of all dividends) from 5/31/2017 to 5/31/2022.
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5/17
5/18
5/19
5/20
5/21
5/22
Neogen Corporation
100.00
159.50
118.71
150.04
194.47
111.49
NASDAQ Composite
100.00
121.34
122.84
158.05
230.68
204.09
NASDAQ Medical Equipment
100.00
127.47
113.54
125.55
180.52
123.62
S&P Life Sciences Tools & Services
100.00
119.37
145.59
178.60
247.39
247.97
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
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ITEM 6.
RESERVED