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
The principal market where ExxonMobil common stock (XOM) is traded is the New York Stock Exchange, although the stock is traded on other exchanges in and outside the United States.
There were 287,749 registered shareholders of ExxonMobil common stock at December 31, 2024. At January 31, 2025, the registered shareholders of ExxonMobil common stock numbered 286,233.
On January 31, 2025, the Corporation declared a $0.99 dividend per common share, payable March 10, 2025.
Reference is made to Item 12 in Part III of this report.
Issuer Purchases of Equity Securities for Quarter Ended December 31, 2024
Total Number of Shares Purchased (1)
Average Price Paid per Share (2)
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (3)
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
(Billions of dollars) (4)
October 2024
16,386,165 $120.90 16,385,148 $23.5
November 2024
15,628,883 $119.95 14,378,425 $21.8
December 2024
17,398,455 $110.56 16,425,659 $40.0
Total 49,413,503 $116.96 47,189,232
(1) Includes shares withheld from participants in the Company's incentive program for personal income taxes.
(2) Excludes 1% U.S. excise tax on stock repurchases.
(3) Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.
(4) The Corporation continued its share repurchase program, originally initiated in 2022. This includes $15 billion of repurchases in 2022, $17.5 billion in 2023, and $19.1 billion in 2024. In its 2024 Corporate Plan Update released December 11, 2024, the Corporation stated that it expects to continue its share repurchase program with a $20 billion repurchase pace per year through 2026, assuming reasonable market conditions.
During the fourth quarter, the Corporation did not issue or sell any unregistered equity securities.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Reference is made to the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Financial Section of this report.
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