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 shares are listed on the New York Stock Exchange (“NYSE”) under the symbol “SRI.” As of February 24, 2023, we had 27,348,198 Common Shares, without par value, outstanding that were owned by approximately 190 shareholders of record. This does not include persons whose stock is in nominee or “street name” accounts held by banks, brokers and other nominees.
The following table presents information with respect to repurchases of Common Shares made by us during the three months ended December 31, 2022. There were 1,403 Common Shares delivered to us by employees as payment for withholding taxes due upon vesting of performance share awards and share unit awards during the three months ended December 31, 2022.
Period Total number of
shares purchased Average price
paid per share Total number of
shares purchased as
part of publicly
announced plans
or programs Maximum number
of shares that may
yet be purchased
under the plans
or programs
10/1/22-10/31/22 — $ — N/A N/A
11/1/22-11/30/22 — $ — N/A N/A
12/1/22-12/31/22 1,403 $ 21.56 N/A N/A
Total 1,403
Other than the repurchase of Common Shares of 42,100 and 79,434, respectively, to satisfy employee tax withholdings associated with the delivery of Common Shares earned by employees pursuant to equity-base awards under the Company’s Long-Term Incentive Plan there were no other repurchases of Common Shares made by us during the years ended December 31, 2022 or 2021.
For information on “Related Stockholder Matters” required by Item 201(d) of Regulation S-K, refer to Item 12 of this report.
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Performance Graph
Set forth below is a line graph comparing the cumulative total return of a hypothetical investment in our Common Shares with the cumulative total return of hypothetical investments in the Dow Jones U.S. Auto Parts (TR) Index and the NYSE Composite Index. The graph is based on the respective market price of each investment as of December 31, 2017, 2018, 2019, 2020, 2021 and 2022 assuming in each case an initial investment of $100 on December 31, 2017, and reinvestment of dividends.
2017 2018 2019 2020 2021 2022
Stoneridge, Inc. $ 100 $ 108 $ 128 $ 132 $ 86 $ 94
Dow Jones U.S. Auto Parts Total Return Index $ 100 $ 69 $ 88 $ 104 $ 126 $ 92
NYSE Composite Index $ 100 $ 91 $ 115 $ 123 $ 148 $ 134
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.