Company: TCMD
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001558370-25-001096
Chunk: 22

Company: TACTILE SYSTEMS TECHNOLOGY INC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 5M
Chunk 22
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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 has been listed on The Nasdaq Stock Market LLC under the symbol "TCMD" since July 28, 2016.

Holders

As of February 14, 2025, there were approximately 23 holders of record of our common stock. The actual number of holders of common stock is greater than this number of record holders and includes stockholders who are beneficial owners but whose shares are held in street name by brokers and nominees. The number of holders of record also does not include stockholders whose shares may be held in trust by other entities. 

Dividends

We have not declared or paid cash dividends on our common stock. We currently intend to retain our future earnings, if any, to finance the operation and expansion of our business, and, therefore, we do not expect to pay cash dividends on our common stock in the foreseeable future. Payment of future cash dividends, if any, will be at the discretion of our board of directors after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs, outstanding indebtedness and plans for expansion and restrictions imposed by lenders, if any.

Recent Sales of Unregistered Securities

None.

Issuer Purchases of Equity Securities

​​​​​​​​​​​​​​​​​​​​​​Total Number​Approximate​​​​​​​​​of Shares​Dollar Value of​​​​​​​​​Purchased as​Shares that​​​​​​​​​Part of Publicly​May Yet Be​​Total Number​Average​Announced​Purchased​​of Shares​Price Paid​Plans or​Under the Plans orPeriod​Purchased​Per Share(1)​Programs​Programs(2)October 2024​ —​​$ —​​ —​$ —November 2024​ —​​​ —​​ —​​ —December 2024​ 195,518​​​ 17.94​​ 195,518​​ 26,491,776Total​ 195,518​​$ 17.94​​ 195,518​$ 26,491,776

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(1)  Amount includes commissions paid.

(2)  On November 4, 2024, we announced that our board of directors authorized a program to repurchase shares of our common stock in an aggregate amount not to exceed $30.0 million. The share rep