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 has been listed on the Nasdaq Capital Market under the symbol “PPSI” since September 19, 2013. Prior to that
time, it was quoted on the OTCQB. The last reported sales price of our common stock on the Nasdaq Capital Market on April 11, 2025,
was $2.53 per share. As of April 11, 2025, there were 38 holders of record of our common stock.
U.S. dollars are reported in thousands, except for
share and per share amounts (unless otherwise noted).
We
have previously paid dividends to our stockholders, and on January 7, 2025, we paid a one-time special cash dividend of an aggregate
of $16,665. We currently do not expect that comparable cash dividends will continue to be paid in the future.
We
did not repurchase any of our equity securities during the fourth quarter of the fiscal year ended December 31, 2024.
ITEM
6. [RESERVED].
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