Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 58

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 58
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ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 

Market Information. Our common stock trades on the New York Stock Exchange under the symbol “EME.” 

Holders. As of February 24, 2025, there were approximately 1,300 stockholders of record.

Dividends. We have paid quarterly dividends since October 25, 2011. We expect that such quarterly dividends will be paid for the foreseeable future. Prior to October 25, 2011, no cash dividends had been paid on the Company’s common stock. We currently pay a regular quarterly dividend of $0.25 per share. Our 2023 Credit Agreement places limitations on the payment of dividends on our common stock. However, we do not believe that the terms of such agreement currently materially limit our ability to pay such quarterly dividends for the foreseeable future. See Note 9 - Debt of the notes to consolidated financial statements included in Item 8. Financial Statements and Supplementary Data for further information regarding our 2023 Credit Agreement.

Purchase of Equity Securities by the Issuer and Affiliated Purchasers 

The following table summarizes repurchases of our common stock made by us during the quarter ended December 31, 2024: 

PeriodTotal Number ofShares Purchased (1) (2)Average PricePaid Per Share (3)Total Number ofShares Purchased as Partof Publicly AnnouncedPlans or ProgramsApproximate Dollar Valueof Shares That May Yet bePurchased Underthe Plan or ProgramsOctober 1, 2024 toOctober 31, 2024———$351,825,754November 1, 2024 toNovember 30, 202465,315$455.4365,315$321,792,898December 1, 2024 toDecember 31, 2024132,265$466.69132,265$259,481,704Total197,580$462.97197,580

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(1)    In September 2011, our Board of Directors (the “Board”) authorized a share repurchase program allowing us to begin repurchasing shares of our outstanding common stock. Subsequently, the Board has from time to time increased the amount authorized for repurchases under such program. Since the inception of the repurchase program, through December