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 listed on the New York Stock Exchange under the ticker symbol “T”. The number of stockholders of record as of December 31, 2024 and 2023 was 712,700 and 749,207. The number of stockholders of record as of January 31, 2025, was 710,181. We declared dividends on common stock, on a quarterly basis, totaling $1.11 per share in 2024 and 2023.
STOCK PERFORMANCE GRAPH
The comparison above assumes $100 invested on December 31, 2019, in AT&T common stock and the following Standard & Poor’s (S&P) Indices: S&P 500 Index and S&P 500 Communication Services Index. Total return equals stock price appreciation plus reinvestment of dividends.
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AT&T Inc.
Dollars in millions except per share amounts
A summary of our repurchases of common stock during the fourth quarter of 2024 is as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
(a) (b) (c) (d)
Period Total Number of
Shares (or Units) Purchased 1,2
Average Price Paid Per Share (or Unit) Total Number of Shares (or Units) Purchased
as Part of Publicly Announced Plans or Programs 1
Maximum Number (or Approximate Dollar Value) of Shares (or Units) That May Yet Be Purchased Under The Plans or Programs 1
October 1, 2024 –
October 31, 2024
424,825 $ 22.12 36,300 143,695,672
November 1, 2024 –
November 30, 2024
504 $ 22.54 — 143,695,672
December 1, 2024 –
December 31, 2024
128,898 $ 22.57 — $ 10,000
Total 554,227 $ 22.22 36,300
1 In March 2014, our Board of Directors approved an authorization to repurchase up to 300 million shares of our common stock.
The authorization had no expiration date. In December 2024, our Board of Directors approved an authorization to repurchase up to
$10,000 of common stock and terminated the March 2014 authorization. No repurchases were made in December 2024
under the March 2014 authorization. The December 2024 authorization has no expiration date.
2 Of the shares purchased, 517,927 shares were acquired through the withholding of taxes on the vesting of restricted stock
and performance shares or in respect of the exercise price of options.
ITEM 6. [RESERVED]
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