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 on Common Stock
Our common stock has been listed on the Nasdaq Global Select Market (formerly the Nasdaq National Market) under the symbol “SYNA” since January 29, 2002. Prior to that time, there was no public market for our common stock.
Stockholders
As of August 4, 2026, there were approximately 111 holders of record of our common stock. The closing price of our common stock as quoted on the Nasdaq Global Select Market as of August 4, 2026, was $106.56.
Dividends
We have never declared or paid cash dividends on our common stock. We currently plan to retain all earnings to finance the growth of our business, make debt payments or purchase shares under our common stock repurchase program. Payments of any cash dividends in the future will depend on our financial condition, operating results and capital requirements as well as other factors deemed relevant by our Board of Directors.
Our Credit Agreement and the indenture governing our Senior Notes also place restrictions on the payment of any dividends. For a further description of the terms of the Credit Agreement and our Senior Notes indenture, see “Item 8. Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Note 8. Debt and Revolving Credit Facility.”
Issuer Purchases of Equity Securities
From time to time, our Board of Directors has authorized a stock repurchase program. Most recently, on August 5, 2025, our Board of Directors authorized a stock repurchase program to repurchase up to $150 million of our common stock. This program does not have an expiration date; however, the Board of Directors will periodically review the authorization to assess its continued appropriateness in light of the company’s capital allocation priorities and market conditions. Repurchases may be made from time to time through a variety of methods, including through privately negotiated transactions or open market transactions, such as pursuant to a trading plan in accordance with Rule 10b5-1 and Rule 10b-18 of the Exchange Act, or a combination of methods. Following the announcement of the Merger, we suspended our share repurchase activity in accordance with the terms of the Merger Agreement; however, we may resume share repurchases in the future in accordance with the terms of the Merger Agreement.
The number of shares repurchased and the timing of repurchases depend on the level of our cash balances, general business and market conditions and other factors, including alternative investment opportunities.
During the three-month period ended June 27, 2026, repurchases under the previously authorized stock repurchase programs were as follows:
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of shares that May Yet Be Purchased Under the Plans or Programs
March 29, 2026 - April 25, 2026 144,779 $ 69.79 144,779 $ 57,264,153
April 26, 2026 - May 23, 2026 — $ — — $ 57,264,153
May 24, 2026 - June 27, 2026 — $ — — $ 57,264,153
Total 144,779
See “Item 8. Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Note 13. Stockholders’ Equity.”
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Share Performance Graph
This performance graph shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that section. The performance graph will not be deemed incorporated by reference into any filing of our company under the Exchange Act or the Securities Act.
We operate on a 52 or 53-week fiscal year which ends on the last Saturday in June. Accordingly, the last day of our fiscal year varies. For consistent presentation and comparison to the industry indices shown herein, we have calculated our stock performance graph assuming a June 30 year end. The following graph shows a five-year comparison of cumulative total return on our common stock, the Philadelphia Semiconductor Sector Index (“PHLX Semiconductor”) and the Russell 2000 Index from June 30, 2021 through June 30, 2026.
The graph assumes an investment of $100 on June 30, 2021. The calculations of cumulative stockholder return on the Russell 2000 Index and the PHLX Semiconductor include the assumed reinvestment of any dividends. The calculation of cumulative stockholder return on our common stock does not include the assumed reinvestment of dividends because we did not pay any dividends during the measurement period. The historical performance shown is not necessarily indicative of future performance. The performance was plotted using the following data:
Fiscal Years Ended
Company/Index 2021 2022 2023 2024 2025 2026
Synaptics Incorporated $ 100 $ 76 $ 55 $ 57 $ 42 $ 80
PHLX Semiconductor
$ 100 $ 76 $ 110 $ 164 $ 166 $ 395
Russell 2000 Index $ 100 $ 74 $ 82 $ 89 $ 94 $ 130
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.