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
Our common stock is traded on the Nasdaq Global Select Market under the symbol SANM. As of October 31, 2025, we had approximately 659 holders of record of our common stock.
The following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total returns of the S&P 500 index and a peer group index consisting of Flex Ltd., Jabil Inc., Celestica Inc., Benchmark Electronics, Inc., and Plexus Corp. An investment of $100 (with reinvestment of all dividends, if any) is assumed to have been made in our common stock on October 3, 2020 and in each of such indices at month end starting on October 3, 2020 and its relative performance is tracked through September 27, 2025.
* $100 invested on 10/3/2020 in stock or index, including reinvestment of dividends. Index performance is calculated on a month-end basis.
Copyright @ 2025 Standard & Poor’s, a division of S&P Global. All rights reserved.
10/3/2020 10/2/2021 10/1/2022 9/30/2023 9/28/2024 9/27/2025
Sanmina Corporation 100.00 147.57 173.56 204.44 259.40 429.79
S&P 500 100.00 130.01 109.89 133.65 182.23 214.30
Peer Group 100.00 158.27 150.05 277.71 371.63 781.82
Sanmina’s stock price performance included in this graph is not necessarily indicative of future stock price performance.
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Dividends
We have never declared or paid cash dividends on our common stock. We currently expect to retain future earnings for use in our operations, expansion of our business, share repurchases and debt repayments and do not anticipate paying cash dividends in the foreseeable future. Additionally, our ability to pay dividends is limited pursuant to covenants contained in our credit agreements. See also “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”
Stock Repurchases
During the second quarter of fiscal 2025, our Board of Directors authorized us to rep urchase up to $300 million of our common stock in the open market or in negotiated private transactions. The program has no expiration date.
There was no stock repurchase activity during the fourth quarter of 2025. As of September 27, 2025, an aggregate of $239 million remains available under the stock repurchase program.
Item 6. [Reserved]
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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.