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 is quoted on the NASDAQ Global Select Ma rket under the symbol “SCSC.” As of August 18, 2025, there were approximately 800 holders of record of our common stock.
Stock Performance Chart
The following stock performance graph compares cumulative total shareholder return on our common stock over a five-year period with the Nasdaq Composite Index and with the Standard Industrial Classification (“SIC”) Code Index (SIC Code 5045 – Wholesale Computers and Peripheral Equipment and Software) for the same period. Total shareholder return represents stock price changes and assumes the reinvestment of dividends. The graph assumes the investment of $100 on June 30, 2020.
2020 2021 2022 2023 2024 2025
ScanSource, Inc. $ 100 $ 117 $ 129 $ 123 $ 184 $ 174
NASDAQ Composite $ 100 $ 145 $ 111 $ 140 $ 182 $ 210
SIC Code 5045 – Computers & Peripheral Equipment and Software $ 100 $ 198 $ 170 $ 178 $ 227 $ 261
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Index to Financial Statements
Share Repurchases
The following table shows the share-repurchase activity for the quarter ended June 30, 2025 (in thousands except share and per share data):
Period Total number of shares purchased (1)
Average price paid per share Total number of shares purchased as part of the publicly announced plan or program (2)
Approximate dollar value of shares that may yet be purchased under the plan or program (2)
April 1, 2025 through April 30, 2025 261,305 $31.80 261,305 $233,821,479
May 1, 2025 through May 31, 2025 220,897 $38.66 220,897 $225,280,529
June 1, 2025 through June 30, 2025 200,693 $41.35 198,833 $217,059,499
Total 682,895 681,035
(1) Includes 1,860 shares withheld from employees' stock-based awards to satisfy required tax withholding obligations for the month of June 2025. There were no shares withheld during the months of April and May 2025.
(2) Our Board authorized a $100 million share repurchase program in May 2024, which does not have any time limit. In April 2025, our Board subsequently increased the authorization for the share repurchase program by an additional $200 million, which does not have any time limit. In fiscal year 2025, we repurchased 2,483,299 shares totaling $106.5 million under the share repurchase program, including excise taxes.
Dividends
We have never declared or paid a cash dividend. Under the terms of our credit facility, the payment of cash dividends is restricted.
ITEM 6. [Reserved].
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Index to Financial Statements
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.