Company: PAYC
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-024136
Chunk: 74

Company: Paycom Software, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1B
Chunk 74
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 cancel the dividend policy in any manner and at any time that it may deem necessary or appropriate. 

37

Performance Graph

Notwithstanding any statement to the contrary in any of our filings with the SEC, the following performance graph shall not be deemed “filed” with the SEC for purposes of Section 18 of the Exchange Act or “soliciting material” under the Exchange Act and shall not be incorporated by reference into any such filings irrespective of any general incorporation language contained in such filing.

The following graph compares the cumulative total stockholder return on our common stock with the cumulative total return of the S&P 500 Index and the S&P 500 Software & Services Index during the five-year period commencing on December 31, 2019 and ending on December 31, 2024. The graph assumes that $100 was invested in our common stock and in each of the comparative indices at the beginning of the period, and assumes the reinvestment of any dividends. Historical stock price performance should not be relied upon as an indication of future stock price performance.

Purchases of Equity Securities

The number of shares of common stock repurchased by us during the three months ended December 31, 2024 is set forth below:

    Total Number of Shares Purchased

    Average Price Paid per Share(2)

    Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(1)

    Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs(1)(2)

    October 1 - 31, 2024(3)

    1,087

    $
    166.17

    1,087

    $
    1,486,052,000

    November 1 - 30, 2024(3)

    30,737

    $
    231.14

    30,737

    $
    1,478,947,000

    December 1 - 31, 2024

    —

    $
    —

    —

    $
    1,478,947,000

    Total

    31,824

    31,824

(1)Pursuant to a stock repurchase plan announced on November 20, 2018, we were authorized to purchase (in the aggregate) up to $150.0 million of our common stock in open market purchases, privately negotiated transactions or by other means. On May 13, 2021,