Item 5. Market for Registrant’s Common Equity
Item 5 – Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Shares of Omega common stock are traded on the New York Stock Exchange under the symbol “OHI.” As of February 12, 2021, there were 2,684 registered holders and 231,776,284 of Omega common shares outstanding.
Issuer Purchases of Equity Securities
On March 20, 2020, the Company authorized the repurchase of up to $200 million of our outstanding common stock from time to time over the twelve months ending March 20, 2021. The Company is authorized to repurchase shares of its common stock in open market and privately negotiated transactions or in any other manner as determined by the Company’s management and in accordance with applicable law. The timing and amount of stock repurchases will be determined, in management’s discretion, based on a variety of factors, including but not limited to market conditions, other capital management needs and opportunities, and corporate and regulatory considerations. The Company has no obligation to repurchase any amount of its common stock, and such repurchases, if any, may be discontinued at any time. Omega did not repurchase any of its outstanding common stock under this announced program during 2020.
During the fourth quarter of 2020, we purchased 17,436 outstanding shares of our common stock in connection with tax withholdings upon vesting of equity awards.
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(d)
(c)
Maximum
Total Number of
Number (or
Shares
Approximate
Purchased as
Dollar Value) of
(a)
Part of Publicly
Shares that may
Total Number
(b)
Announced
be Purchased
of Shares
Average Price
Plans or
Under these Plans
Period
Purchased (1)
Paid per Share
Programs
or Programs
October 1, 2020 to October 31, 2020
17,436
$
29.94
—
—
November 1, 2020 to November 30, 2020
—
—
—
—
December 1, 2020 to December 31, 2020
—
—
—
—
Total
17,436
$
29.94
—
—
(1) Represents shares purchased from employees to pay the withholding taxes related to the vesting of equity awards. The shares were not part of a publicly announced repurchase plan or program.
Unregistered Sales of Equity Securities and Use of Proceeds
During the quarter ended December 31, 2020, Omega did not issue any shares of Omega common stock in exchange for Omega OP Units.
Item 6 – Selected Financial Data
We have elected early compliance with the SEC’s recent amendments to Form 10-K eliminating the requirement to present selected financial data. The consolidated financial statements and the report of Ernst & Young LLP ’s , Independent Registered Public Accounting Firm, on such financial statements are filed as part of this report beginning on page F-1.