Company: BHE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000950170-25-025644
Chunk: 123

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 5
Chunk 123
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Our common shares are listed on the New York Stock Exchange under the symbol “BHE.”

The last reported sale price of our common shares on February 21, 2025, as reported by the New York Stock Exchange, was $41.13. There were approximately 500 record holders of our common shares as of February 21, 2025. Because many of our common shares are held by brokers and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.

Dividends

In the third quarter of 2024, we increased the quarterly dividend from $0.165 to $0.17. During 2024, cash dividends paid totaled $23.9 million. The Board of Directors currently intends to continue paying quarterly dividends. However, the Company’s future dividend policy is subject to its compliance with applicable law, and depending on, among other things, our results of operations, financial condition, level of indebtedness, capital requirements, contractual restrictions, restrictions in our debt agreements, and other factors that the Board of Directors may deem relevant. Dividend payments are not mandatory or guaranteed; there can be no assurance that we will continue to pay a dividend in the future.

Issuer Purchases of Equity Securities

The following table provides information about the Company’s repurchase activity during the quarter ended December 31, 2024 related to its equity securities that are registered pursuant to Section 12 of the Exchange Act:

    (d)

    (c)

    Maximum

    Total

    Number (or

    Number of

    Approximate

    Shares (or Units)

    Dollar Value) of

    (a)

    Purchased as

    Shares (or Units)

    Total

    (b)

    Part of Publicly

    that May Yet Be

    Number of

    Average Price

    Announced

    Purchased Under

    Shares (or Units)

    Paid per Share

    Plans or

    the Plans or

    (amounts in millions, except per share data)
     
    Purchased

    (or Unit)

    Programs

    Programs (1)

    October 1 to 31, 2024

    —

    $
    —

    —

    $
    149.5

    November 1 to 30, 2024

    —

    —

    —

    149.5

    December 1 to 31, 2024

    —

    —

    —

    149