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
Common Stock
Our Common Stock, par value $0.0001 per share, is traded on the Nasdaq Global Select Market under the symbol “OPCH”.
Holders of Record
As of February 20, 2023, there were 118 stockholders of record of our Common Stock.
Dividend Policy
We have never paid cash dividends on our Common Stock and do not anticipate doing so in the foreseeable future.
Securities Authorized for Issuance under Equity Compensation Plans
See Item 12. “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.”
Recent Sale of Unregistered Securities and Use of Proceeds
None.
27
Table of Contents
Stock Performance Graph
The following graph compares the total cumulative returns of BioScrip through August 6, 2019 and Option Care Health from August 7, 2019 through December 31, 2022 with the total cumulative returns of the Nasdaq Composite Index, Nasdaq Health Services Index, and the S&P Health Care Services Select Industry Index for the five-year period from December 31, 2017 through December 31, 2022. The Company included the S&P Health Care Services Select Industry Index as an industry benchmark comparison for the year ended December 31, 2022 as it more accurately represents a true benchmark of the Company’s peer group and will align to our definitive proxy statement to be filed with the SEC no later than 120 days after December 31, 2022. The Company may consider transitioning away from the use of the Nasdaq Health Services Index as a comparative index in future Annual Reports. The graph shows the performance of a $100 investment in our Common Stock and each index as of December 31, 2017.
Year Ended December 31,
2017 2018 2019 2020 2021 2022
Option Care Health, Inc. $ 100.00 $ 122.68 $ 128.18 $ 134.36 $ 244.33 $ 258.51
Nasdaq Composite Index $ 100.00 $ 96.12 $ 129.97 $ 186.69 $ 226.63 $ 151.61
Nasdaq Health Services Index $ 100.00 $ 95.83 $ 120.59 $ 156.81 $ 151.25 $ 120.35
S&P Health Care Services Select Industry Index $ 100.00 $ 102.35 $ 121.19 $ 161.19 $ 176.41 $ 141.01
* $100 invested on December 31, 2017 in stock or index, including reinvestment of dividends.
28
Table of Contents
Item 6. Reserved
29
Table of Contents
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.