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 and Holders
Our common stock is traded on the Nasdaq Global Select Market under the symbol “COMM.” As of February 14, 2024, all of our outstanding shares of common stock are held by one stockholder of record, Cede & Co., as nominee for the Depository Trust Company. Many brokers, banks and other institutions hold shares of common stock as nominees for beneficial owners that deposit these shares of common stock in participant accounts at the Depository Trust Company.
Issuer Purchases of Equity Securities
The following table summarizes the stock purchase activity for the three months ended December 31, 2023:
Period
Total Number
of Shares
Purchased (1)
Average
Price Paid
Per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
Maximum Value of Shares that May Yet be Purchased Under the Plans or Programs
October 1, 2023 - October 31, 2023
67,935
$
3.35
—
$
—
November 1, 2023 - November 30, 2023
7,471
$
1.73
—
$
—
December 1, 2023 - December 31, 2023
2,881
$
1.89
—
$
—
Total
78,287
$
3.14
—
The shares purchased were withheld to satisfy the withholding tax obligations related to restricted stock units and performance share units that vested during the period.
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Stock Performance Graph
The following graph compares cumulative total return on $100 invested on December 31, 2018 in each of CommScope’s Common Stock, the Standard & Poor’s 500 Stock Index (S&P 500 Index) and the Standard & Poor’s 1500 Communications Equipment Index (S&P 1500 Communications Equipment). The return of the Standard & Poor’s indices is calculated assuming reinvestment of dividends. CommScope has not paid any dividends on its common stock over this period.
Base
INDEXED RETURNS
Period
Period Ending
Company / Index
12/31/2018
12/31/2019
12/31/2020
12/31/2021
12/31/2022
12/31/2023
CommScope Holding Company, Inc.
100
86.58
81.76
67.36
44.84
17.21
S&P 500 Index
100
128.88
149.83
190.13
153.16
190.27
S&P 1500 Communications Equipment
Index
100
111.62
109.80
159.85
124.37
142.07
ITEM 6. RESERVED
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