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 23, 2022, we had 27,194,137 Common Shares, without par value, outstanding which were owned by approximately 170 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, 2021. There were 354 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 year ended December 31, 2021
Total number of
Maximum number
shares purchased as
of shares that may
part of publicly
yet be purchased
Total number of
Average price
announced plans
under the plans
Period
shares purchased
paid per share
or programs
or programs
10/1/21-10/31/21
-
$
-
N/A
N/A
11/1/21-11/30/21
-
$
-
N/A
N/A
12/1/21-12/31/21
354
$
19.74
N/A
N/A
Total
354
Other than the repurchase of Common Shares in March 2020 and the repurchase of Common Shares of 79,434 and 80,427, 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, 2021 or 2020. Refer to Note 2 of the consolidated financial statements for additional details regarding Common Share repurchases.
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 Dow Jones U.S. Auto Parts (TR) Index replaces the Morningstar Auto Parts Index in this analysis and going forward, as the latter data is no longer accessible. The latter index has been included with data through 2020. The graph is based on the respective market price of each investment as of December 31, 2016, 2017, 2018, 2019, 2020 and 2021 assuming in each case an initial investment of $100 on December 31, 2016, and reinvestment of dividends.
2016
2017
2018
2019
2020
2021
Stoneridge, Inc.
$
100
$
129
$
139
$
166
$
171
$
112
Dow Jones U.S. Auto Parts Total Return Index
$
100
$
130
$
90
$
115
$
135
$
163
Morningstar Auto Parts Index
$
100
$
127
$
89
$
109
$
140
NYSE Composite Index
$
100
$
96
$
108
$
128
$
117
$
147
Item 6. [Reserved]
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