Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters and Issuer Purchase of Equity Securities
Our shares of common stock are traded on the NASDAQ Global Select Market® under the symbol WSBF. The approximate number of shareholders of record of Waterstone common stock as of February 21, 2025 was 1,400. On that same date there were 19,319,808 shares of common stock issued and outstanding.
Following are the Company's monthly common stock repurchases during the fourth quarter of 2024.
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share (b)
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
Maximum
Number of
Shares that May
Yet Be
Purchased Under
the Plan (a)
October 1, 2024 - October 31, 2024
83,800
$
14.52
83,800
1,767,350
November 1, 2024 - November 30, 2024
11,020
14.94
11,020
1,756,330
December 1, 2024 - December 31, 2024
99,236
14.29
99,236
1,657,094
Total
194,056
$
14.43
194,056
1,657,094
(a) On April 23, 2024, the Board of Directors authorized the repurchase of an additional 2,000,000 shares of common stock pursuant to a new share repurchase plan. This plan has no expiration date.
(b) Includes 1% excise tax for repurchases greater than $1.0 million
- 39 -
PERFORMANCE GRAPH
Set forth below is a line graph comparing the cumulative total shareholder return on Waterstone Financial common stock, based on the market price of the common stock and assuming reinvestment of cash dividends, with the cumulative total return of companies on the KBW Nasdaq Bank Index and the Russell 2000. The graph assumes $100 was invested on December 31, 2019, in Waterstone Financial, Inc. common stock and each of those indices.
Waterstone Financial, Inc.
Index
12/31/19
12/31/20
12/31/21
12/31/22
12/31/23
12/30/24
Waterstone Financial, Inc.
100.00
107.24
132.89
111.96
97.29
96.43
KBW NASDAQ Bank Index
100.00
89.69
124.06
97.52
96.65
132.60
Russell 2000 Index
100.00
119.96
137.74
109.59
128.14
142.93
Item 6 . [Reserved]
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.