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.
Our common stock trades on the Nasdaq Global Select Market under the symbol “POWI”.
As of January 30, 2026, there were approximately 68 stockholders of record. Because brokers and other institutions hold many of our shares on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
Issuer Purchases of Equity Securities
From time to time our board of directors has authorized the use of funds to repurchase shares of our common stock. Authorization of future repurchase programs is at the discretion of our board of directors and will depend on our financial condition, results of operations, capital requirements, business conditions and other factors. In April 2025, our board of directors authorized the use of an additional $50.0 million for the repurchase of our common stock, with repurchases to be executed according to pre-defined price/volume guidelines.
As of December 31, 2025, we had exhausted our repurchase authorization and had no amounts available for future stock repurchases. Authorization of future repurchase programs is at the discretion of our board of directors and will depend on our financial condition, results of operations, capital requirements, business conditions and other factors.
The following table summarizes repurchases of our common stock made under our publicly announced repurchase program during the fourth quarter of fiscal 2025:
Total Number of
Approximate Dollar Value
Shares Purchased
that May Yet be
Total
Average
as Part of
Repurchased Under the
Number of
Price Paid
Publicly Announced
Plans or Program
Period
Shares Purchased
Per Share
Plans or Programs
(In millions)
October 1, 2025 to October 31, 2025
—
—
—
—
November 1, 2025 to November 30, 2025
—
—
—
—
December 1, 2025 to December 31, 2025
—
—
—
—
Total
—
—
Dividends
The declaration of any future cash dividend is at the discretion of our board of directors and will depend on our financial condition, results of operations, capital requirements, business conditions and other factors, as well as a determination that cash dividends are in the best interest of our stockholders. See the section titled “Item 7. Management’s Discussion and Analysis—Liquidity and Capital Resources—Dividends” included in this Annual Report on Form 10-K for the amount of cash dividends we have paid.
Recent Sales of Unregistered Securities
None.
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Performance Graph ( 1 )
The following graph shows the cumulative total return on an investment of $100 in cash on December 31, 2020, through December 31, 2025, in our common stock, the Nasdaq Composite Index and the PHLX Semiconductor Sector Index (SOX) and assuming that all dividends were reinvested. The stockholder return shown on the graph below is not necessarily indicative of future performance, and we do not make or endorse any predictions as to future stockholder returns.
Company/Index
12/31/2020
12/31/2021
12/31/2022
12/31/2023
12/31/2024
12/31/2025
Power Integrations, Inc.
100.00
114.13
88.91
102.74
78.10
45.83
Nasdaq Composite
100.00
122.18
82.43
119.22
154.48
187.14
PHLX Semiconductor (SOX)
100.00
142.85
93.02
155.35
186.98
268.23
(1) This Section is not “soliciting material,” is not deemed “filed” with the SEC and is not to be incorporated by reference in any filing of Power Integrations under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
Item 6. [Reserved ]
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