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 traded on the New York Stock Exchange since May 14, 1974. On December 31, 2023, there were 3,088 holders of record of our common stock. In calculating the number of stockholders, we consider clearing agencies and security position listings as one stockholder for each agency or listing. At December 31, 2023, we had 146,323,340 shares outstanding, net of 1,973,702 treasury shares.
Our common stock is traded on the New York Stock Exchange under the symbol SCI.
The following graph assumes the total return on $100 invested on December 31, 2018, in SCI Common Stock, the S&P 500 Index, the S&P MidCap 400 Index, and a peer group selected by the Company (the “Peer Group”). The Peer Group comprises Carriage Services, Inc., Hillenbrand Inc., Matthews International Corp., and Park Lawn Corporation. Total return data assumes reinvestment of dividends.
For equity compensation plan information, see Part III of this Form 10-K.
FORM 10-K 23
PART II
The following table summarizes our share repurchases during the three months ended December 31, 2023:
Period Total Number of
Shares Purchased Average Price
Paid per Share Total Number
of Shares
Purchased as
Part of Publicly
Announced Programs (2)
Approximate Dollar Value of
Shares That
May Yet be
Purchased Under the Program (2)
October 1, 2023 — October 31, 2023 (1)
1,818,681 $ 54.96 1,800,992 $ 148,384,812
November 1, 2023 — November 30, 2023 (2)
1,395,540 $ 58.65 1,395,540 547,671,399
December 1, 2023 — December 31, 2023 354,267 $ 64.10 354,267 524,963,678
3,568,488 3,550,799
(1) Includes 17,689 shares purchased in October 2023 in connection with the surrender of shares by associates to satisfy certain tax withholding obligations under compensation plans. These repurchases were not part of our publicly announced program and do not affect our share repurchase program.
(2) On November 8, 2023 we announced that our Board of Directors increased our share repurchase authorization to $600.0 million.
Item 6. [Reserved]
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.