TREDEGAR CORP 10-K

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Tredegar’s common stock is traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “TG”. There were 34,016,689 shares of common stock held by 1,624 shareholders of record on March 10, 2023. Dividend Information Tredegar has paid a regular cash dividend every quarter since becoming a public company in July 1989. In addition, Tredegar has paid special cash dividends from time to time. On December 1, 2020, the Board declared a special dividend of $200 million, or $5.97 per share, on the Company’s common stock (the “Special Dividend”). The Special Dividend was paid in December 2020. All decisions with respect to the declaration and payment of future dividends will be made by the Board in its sole discretion based upon earnings, financial condition, anticipated cash needs, restrictions in the Company’s revolving credit facility and other such considerations as the Board deems relevant. See Note 7 “Debt and Credit Agreements” to the Consolidated Financial Statements in Item 15 for the restrictions on the payment of dividends contained in the Company’s credit agreement. Issuer Purchases of Equity Securities On January 7, 2008, Tredegar announced that the Board approved a share repurchase program whereby management is authorized at its discretion to purchase, in the open market or in privately negotiated transactions, up to 5 million shares of the Company’s outstanding common stock. The authorization has no time limit. Tredegar did not repurchase any shares in the open market or otherwise in 2022, 2021 or 2020 under this standing authorization. The maximum number of shares remaining under this standing authorization was 1,732,003 at December 31, 2022. Stock Performance Graph The following graph compares cumulative total shareholder returns for Tredegar, the S&P SmallCap 600 Stock Index (an index comprised of companies with market capitalizations similar to Tredegar) and the Russell 2000 Index for the five years ended December 31, 2022. Tredegar is part of both the S&P SmallCap 600 Index and Russell 2000 Index. COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN* Among Tredegar Corporation, the S&P SmallCap 600 Index, and the Russell 2000 Index *$100 invested on 12/31/17 in stock or index, including reinvestment of dividends. Fiscal year ending December 31. Copyright © 2022 Standard & Poor's, a division of S&P Global. All rights reserved. Copyright © 2022 Russell Investment Group. All rights reserved. 12 Item 6. [RESERVED]