{"url_path":"/sec/ntap/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/1002047/0001193125-26-259683-index.html","accession_number":"0001193125-26-259683","cik":"0001002047","ticker":"NTAP","issuer_name":"NetApp, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1002047/0001193125-26-259683-index.html","primary_entity_key":"0001002047","primary_entity_name":"NetApp, Inc."},"word_count":752,"has_tables":true,"body_markdown":"Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities\n\nThe Company’s common stock is traded on the NASDAQ Stock Market LLC (NASDAQ) under the symbol NTAP.\n\nPrice Range of Common Stock\n\nThe price range per share of common stock presented below represents the highest and lowest intraday sales prices for the Company’s common stock on the NASDAQ during each quarter of our two most recent fiscal years.\n\n \n\n \n\nFiscal 2026\n\n \n\n \n\nFiscal 2025\n\n \n\n \n\n \n\nHigh\n\n \n\n \n\nLow\n\n \n\n \n\nHigh\n\n \n\n \n\nLow\n\n \n\nFirst Quarter\n\n \n\n$\n\n110.32\n\n \n\n \n\n$\n\n86.70\n\n \n\n \n\n$\n\n135.01\n\n \n\n \n\n$\n\n100.24\n\n \n\nSecond Quarter\n\n \n\n$\n\n126.66\n\n \n\n \n\n$\n\n100.56\n\n \n\n \n\n$\n\n134.37\n\n \n\n \n\n$\n\n112.87\n\n \n\nThird Quarter\n\n \n\n$\n\n119.72\n\n \n\n \n\n$\n\n93.69\n\n \n\n \n\n$\n\n135.45\n\n \n\n \n\n$\n\n112.86\n\n \n\nFourth Quarter\n\n \n\n$\n\n113.78\n\n \n\n \n\n$\n\n94.46\n\n \n\n \n\n$\n\n127.78\n\n \n\n \n\n$\n\n71.84\n\n \n\nHolders\n\nAs of May 28, 2026, there were 387 holders of record of our common stock.\n\nDividends\n\nThe Company paid cash dividends of $0.52 per outstanding common share in each quarter of fiscal 2026 and fiscal 2025 for an aggregate of $413 million and $424 million, respectively, and paid cash dividends of $0.50 per outstanding common share in each quarter of fiscal 2024 for an aggregate of $416 million. On May 21, 2026, the Company declared a cash dividend of $0.52 per share of common stock, payable on July 29, 2026 to shareholders of record as of the close of business on July 10, 2026. Decisions regarding future dividends are within the discretion of our Board of Directors, and depend on a number of factors, including, general business and economic conditions, and other factors which are discussed in the “Risk Factors” in Item 1A of this Annual Report on Form 10-K.\n\n33\n\n \n\nPerformance Graph\n\nThe following graph shows a comparison of cumulative total shareholder return, calculated on a dividend reinvested basis, of an investment of $100 for the Company, the S&P 500 Index, the S&P 500 Information Technology Index and the S&P 1500 Technology Hardware & Equipment Index for the five years ended April 24, 2026. The comparisons in the graphs below are based upon historical data and are not indicative of, nor intended to forecast, future performance of our common stock. The graph and related information shall not be deemed “soliciting material” or be deemed to be “filed” with the SEC, nor shall such information be incorporated by reference into any past or future filing with the SEC, except to the extent that such filing specifically states that such graph and related information are incorporated by reference into such filing.\n\n \n\n \n\n \n\n \n\nApril 2021\n\n \n\n \n\nApril 2022\n\n \n\n \n\nApril 2023\n\n \n\n \n\nApril 2024\n\n \n\n \n\nApril 2025\n\n \n\n \n\nApril 2026\n\n \n\nNetApp, Inc.\n\n \n\n$\n\n100.00\n\n \n\n \n\n$\n\n100.38\n\n \n\n \n\n$\n\n88.91\n\n \n\n \n\n$\n\n146.70\n\n \n\n \n\n$\n\n130.57\n\n \n\n \n\n$\n\n163.57\n\n \n\nS&P 500 Index\n\n \n\n$\n\n100.00\n\n \n\n \n\n$\n\n100.21\n\n \n\n \n\n$\n\n102.88\n\n \n\n \n\n$\n\n127.80\n\n \n\n \n\n$\n\n140.33\n\n \n\n \n\n$\n\n184.25\n\n \n\nS&P 500 Information Technology Index\n\n \n\n$\n\n100.00\n\n \n\n \n\n$\n\n101.89\n\n \n\n \n\n$\n\n110.13\n\n \n\n \n\n$\n\n154.18\n\n \n\n \n\n$\n\n171.25\n\n \n\n \n\n$\n\n260.29\n\n \n\nS&P 1500 Technology Hardware & Equipment Index\n\n \n\n$\n\n100.00\n\n \n\n \n\n$\n\n113.78\n\n \n\n \n\n$\n\n120.80\n\n \n\n \n\n$\n\n127.97\n\n \n\n \n\n$\n\n152.61\n\n \n\n \n\n$\n\n234.04\n\n \n\nWe believe that a number of factors may cause the market price of our common stock to fluctuate significantly. See Item 1A. – Risk Factors.\n\n \n\n34\n\n \n\nPurchases of Equity Securities by the Issuer and Affiliated Purchasers\n\nThe following table provides information with respect to the shares of common stock repurchased by us during the three months ended April 24, 2026:\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nTotal Number of Shares\n\n \n\n \n\nApproximate Dollar Value\n\n \n\n \n\n \n\nTotal Number\n\n \n\n \n\nAverage\n\n \n\n \n\nPurchased as Part of\n\n \n\n \n\nof Shares That May Yet\n\n \n\n \n\n \n\nof Shares\n\n \n\n \n\nPrice Paid\n\n \n\n \n\nPublicly Announced\n\n \n\n \n\nBe Purchased Under The\n\n \n\nPeriod\n\n \n\nPurchased\n\n \n\n \n\nper Share\n\n \n\n \n\nProgram\n\n \n\n \n\nRepurchase Program\n\n \n\n \n\n \n\n(Shares in thousands)\n\n \n\n \n\n \n\n \n\n \n\n(Shares in thousands)\n\n \n\n \n\n(Dollars in millions)\n\n \n\nJanuary 24, 2026 - February 20, 2026\n\n \n\n \n\n599\n\n \n\n \n\n$\n\n100.33\n\n \n\n \n\n \n\n389,407\n\n \n\n \n\n$\n\n642\n\n \n\nFebruary 21, 2026 - March 20, 2026\n\n \n\n \n\n634\n\n \n\n \n\n$\n\n100.30\n\n \n\n \n\n \n\n390,041\n\n \n\n \n\n$\n\n579\n\n \n\nMarch 21, 2026 - April 24, 2026\n\n \n\n \n\n749\n\n \n\n \n\n$\n\n102.33\n\n \n\n \n\n \n\n390,790\n\n \n\n \n\n$\n\n502\n\n \n\nTotal\n\n \n\n \n\n1,982\n\n \n\n \n\n$\n\n101.07\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nIn May 2003, our Board of Directors approved a stock repurchase program. Under this program, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management. The stock repurchase program may be suspended or discontinued at any time. On May 21, 2026, our Board of Directors authorized the repurchase of an additional $1.0 billion of our common stock. For further information, see Note 9 - Stockholders' Equity of the Notes to Consolidated Financial Statements included in Part II, Item 8.\n\n \n\n35"}