CORNING INC NY
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
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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 12, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 4. Mine Safety Disclosure
Not applicable.
Part II
| (a) | Corning Incorporated common stock is listed on the New York Stock Exchange. In addition, it is traded on the Boston, Midwest and Philadelphia stock exchanges. Common stock options are traded on the Chicago Board Options Exchange. The NYSE ticker symbol for Corning Incorporated is “GLW”. |
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As of December 31, 2023, there were approximately 11,000 registered holders of common stock and approximately 777,000 beneficial shareholders.
Information with respect to securities authorized for issuance under equity compensation plans is included herein under Item 12.
Performance Graph
The following graph illustrates the cumulative total shareholder return over the last five years of Corning’s common stock compared with the cumulative total return of companies on the Standard & Poor's (“S&P’s”) 500 Stock Index and the S&P Communications Equipment companies. This graph assumes the investment of $100 on December 31, 2018 and the reinvestment of all dividends since that date.
| (b) | Not applicable. |
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| (c) | The following table provides information about purchases of common stock during the fourth quarter of 2023: |
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Issuer Purchases of Equity Securities
| Execution date | Total number of shares purchased (1) | Average price paid per share (2) | Number of shares purchased as part of publicly announced programs | Approximate dollar value of shares that may be purchased under the publicly announced programs |
|---|---|---|---|---|
| October 1-31, 2023 | 78,098 | $29.94 | — | |
| November 1-30, 2023 | 11,783 | $26.70 | — | |
| December 1-31, 2023 | 35,216 | $29.02 | — | |
| Total | 125,097 | $29.38 | — | $3,301,085,426 |
| (1) | This column reflects: (i) 94,437 shares of common stock related to the vesting of employee restricted stock; (ii) 29,894 shares of common stock related to the vesting of employee restricted stock units; and (iii) 766 shares of common stock related to the vesting of employee performance stock units. |
| (2) | Represents the stock price at the time of surrender. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.