Company: YEXT
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001614178-25-000030
Chunk: 85

Company: Yext, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 85
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Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information for Common Stock

Our common stock began trading on the New York Stock Exchange under the symbol “YEXT” on April 13, 2017. Prior to that date, there was no public trading market for our common stock.

Dividend Policy

We have never declared or paid any dividends on our capital stock. We anticipate that we will retain any earnings to support operations and to finance the growth and development of our business. Accordingly, we do not expect to pay cash dividends on our common stock in the foreseeable future. In addition, our revolving credit facility agreement contains customary covenants restricting our ability to pay dividends.

Stockholders

As of February 26, 2025, there were 27 registered stockholders of record of our common stock. The number of registered stockholders of record does not include beneficial holders whose shares are held by banks, brokers and other institutions. 

Sales of Unregistered Equity Securities

None.

Purchases of Equity Securities by the Issuer 

The following table sets forth issuer purchases of equity securities related to our share repurchase program for the fiscal year ended January 31, 2025: 

PeriodTotal number of shares purchasedAverage price paid per shareTotal number of shares purchased as part of publicly announced programApproximate dollar value of shares that may yet to be purchased under the program (in millions)February 1, 2024 - February 29, 2024— $— — $50.0 March 1, 2024 - March 31, 2024 — $— — $50.0 April 1, 2024 - April 30, 2024— $— — $50.0 May 1, 2024 - May 31, 2024— $— — $50.0 June 1, 2024 - June 30, 2024— $— — $50.0 July 1, 2024 - July 31, 202443,270 $5.78 43,270 $49.8 August 1, 2024 - August 31, 2024215,583 $5.09 215,583 $48.7 September 1, 2024 - September 30,