Company: BHE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000950170-25-025644
Chunk: 124

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 5
Chunk 124
---
.5

    Total

    —

    —

    —

    149.5

(1) 	On February 19, 2020, the Board of Directors approved a share repurchase authorization granting the Company authority to repurchase up to $150 million in common stock. Share purchases may be made in the open market, in privately negotiated transactions or block transactions at the discretion of the Company’s management and as market conditions warrant. Purchases will be funded from available cash and may be commenced, suspended or discontinued at any time without prior notice. Shares repurchased under the program are retired.

During 2024, the Company repurchased a total of 0.1 million shares for an aggregate of $5.1 million at an average price of $40.27 per share. As of December 31, 2024, the Company had $149.5 million remaining under the share repurchase authorization.

31

Performance Graph

The following graph compares the cumulative total shareholder return on our common shares for the five‑year period commencing December 31, 2019 and ending December 31, 2024, with the cumulative total return of the Standard & Poor’s 500 Stock Index (which does not include Benchmark), and the Peer Group Index, which is composed of Celestica Inc., Flex Ltd., Jabil Inc., Kimball Electronics Inc., Plexus Corp and Sanmina Corporation. The graph assumes that $100 was invested on December 31, 2019 in our common shares and in each of the two indices, and that dividends, if any, were reinvested.

    December 31,

    2019

    2020

    2021

    2022

    2023

    2024

    Benchmark Electronics, Inc.
     
    $
    100.00

    $
    80.94

    $
    83.10

    $
    84.06

    $
    89.35

    $
    149.30

    Peer Group

    100.00

    111.91

    147.89

    161.06

    246.91

    375.27

    S&P 500

    100.00

    118.40

    152.39

    124.79

    157.59

    197.02