PEGASYSTEMS INC
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 5. Market information
Our common stock is quoted on the NASDAQ Global Select Market under the symbol “PEGA.”
Holders
As of February 6, 2024, we had 49 stockholders of record.
Dividends
During 2023, 2022, and 2021, we paid a quarterly cash dividend of $0.03 per share of common stock. We expect to pay a quarterly cash dividend of $0.03 per share; however, the Board of Directors may terminate or modify this dividend program without prior notice.
Issuer purchases of equity securities(1)
Common stock repurchased in the three months ended December 31, 2023:
| (in thousands, except per share amounts) | Total Number of Shares Purchased (2) | Average Price Paid per Share (2) | Total Number of Shares Purchased as Part ofPublicly Announced Share Repurchase Program | Approximate Dollar Value of Shares That May Yet Be Purchased at PeriodEnd Under Publicly AnnouncedShare Repurchased Programs |
|---|---|---|---|---|
| October 1, 2023 - October 31, 2023 | — | $— | — | $60,000 |
| November 1, 2023 - November 30, 2023 | 3 | $52.39 | — | $60,000 |
| December 1, 2023 - December 31, 2023 | 5 | $52.73 | — | $60,000 |
| Total | 8 | $52.59 | ||
(1) For additional information, see "Stock Repurchase Program" in Item 7 of this Annual Report.
(2) Shares withheld to cover the option exercise price and tax withholding obligations under the net settlement provisions of our stock compensation awards have been included in these amounts.
Stock performance graph and cumulative total stockholder return(1)
The following performance graph represents a comparison of the cumulative total stockholder return, assuming the reinvestment of dividends, for a $100 investment on December 31, 2018 in our common stock, the Total Return Index for the NASDAQ Composite, a broad market index, and the Standard & Poor’s (“S&P”) North American Technology Sector - Software Index™ (“S&P NA Tech Software”), a published industry index.
| December 31, | ||||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Pegasystems Inc. | $100.00 | $166.79 | $279.35 | $234.61 | $72.03 | $103.03 |
| NASDAQ Composite | $100.00 | $136.69 | $198.10 | $242.03 | $163.28 | $236.17 |
| S&P NA Tech Software | $100.00 | $134.59 | $204.44 | $235.70 | $150.80 | $240.73 |
(1) The graph lines merely connect measurement dates and do not reflect fluctuations between those dates.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.