Company: EVCM
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001853145-25-000009
Chunk: 99

Company: EverCommerce Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 99
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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 Nasdaq Global Select Market under the symbol “EVCM.”

Holders

As of March 7, 2025, there were 60 registered holders of record of our common stock.

Dividend Policy

We have never declared or paid any cash dividends on our capital stock, and we do not currently intend to pay any cash dividends in the foreseeable future. We expect to retain future earnings, if any, to fund the development and growth of our business, including through acquisitions. Any decision to declare and pay dividends in the future will be made at the discretion of our Board and will depend on, among other things, our results of operations, financial condition, cash requirements, contractual restrictions and other factors that our Board may deem relevant. In addition, our ability to pay dividends is, and may be, limited by covenants of existing and any future outstanding indebtedness we or our subsidiaries incur, including under our Credit Facilities (as defined below).

Purchases of Equity Securities by the Issuer or Affiliated Purchaser

During the quarter ended December 31, 2024, we repurchased $7.0 million in shares of our common stock under our stock repurchase program, including transaction fees and taxes. The stock repurchase activity under our stock repurchase program during the quarter ended December 31, 2024 was as follows:

Total number of shares purchasedAverageprice paidper shareTotal 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(in thousands, except per share and share amounts)October 1, 2024 - October 31, 2024318,818 $10.37 318,818 $36,132 November 1, 2024 - November 30, 2024158,062 $11.29 158,062 $34,348 December 1, 2024 - December 31, 2024146,191 $11.57 146,191 $32,656 Total623,071 623,071 

(1)On June 14, 2022, our Board approved a stock repurchase program (as subsequently amended, the “Repurchase Program”) with authorization to purchase up to $50.0 million in shares of