{"url_path":"/sec/wms/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":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1604028/0001604028-26-000019-index.html","accession_number":"0001604028-26-000019","cik":"0001604028","ticker":"WMS","issuer_name":"ADVANCED DRAINAGE SYSTEMS, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1604028/0001604028-26-000019-index.html","primary_entity_key":"0001604028","primary_entity_name":"ADVANCED DRAINAGE SYSTEMS, INC."},"word_count":520,"has_tables":true,"body_markdown":"Item 5.    Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities\n\nMarket Information for Common Stock - Our common stock is listed and traded on the NYSE under the symbol “WMS”. During each quarter of fiscal 2026, 2025 and 2024, the Board of Directors approved a quarterly cash dividend of $0.18, $0.16 and $0.14 per share, respectively, to all common stockholders. During the first quarter of fiscal 2027, the Company declared a quarterly cash dividend of $0.20 per share of common stock. The dividend is payable on June 15, 2026 to stockholders of record at the close of business on June 1, 2026.\n\nHolders of Record - As of May 14, 2026, we had 862 holders of record of our common stock. The number of holders of record is based upon the actual number of holders registered as of such date and does not include holders of shares in “street name” or persons, partnerships, associates, corporations or other entities in security position listings maintained by depositories.\n\nStock Performance Graph - The following graph presents a comparison from March 31, 2021 through March 31, 2026 of the cumulative return of our common stock, the Standard and Poor's Index and the Standard and Poor’s Mid Cap 400 - Capital Goods Index. The graph assumes investment of $100 on March 31, 2021 in our common stock and in each of the two indices and the reinvestment of dividends.\n\nRecent Sales of Unregistered Securities - Since the completion of our IPO, we have not sold any securities without registration under the Securities Act of 1933, as amended.\n\nIssuer Purchases of Equity Securities - In February 2026, we announced that our Board of Directors approved a new $1.0 billion stock repurchase authorization (the “Repurchase Program”) of ADS common stock in accordance with applicable securities laws. During fiscal 2026, we repurchased 0.7 million shares of common stock at a cost of $98.7 million. With the new authorization, the Repurchase Program has a total available capacity of $1.0 billion as of March 31, 2026. The Repurchase Program does not obligate us to acquire any particular amount of common stock and may be suspended or terminated at any time at our discretion.\n\n25\n\n[Table of Contents](#ieb5bb33133ed4902a5089ffadf55276a_1)\n\nAdvanced Drainage Systems, Inc\n\nThe following table provides information with respect to repurchases of our common stock by us and our “affiliated purchasers” (as defined by Rule 10b-18(a)(3) under the Exchange Act) during the three months ended March 31, 2026.\n\nPeriodTotal Number of Shares PurchasedAverage Price Paid Per ShareTotal Number of Shares Purchased as Part of Publicly Announced PlanApproximate Dollar Value of Shares that May Yet Be Purchased Under the Plan\n\n(amounts in thousands, except per share data)\n\nJanuary 1, 2026 to January 31, 2026— — — $147,742 \n\nFebruary 1, 2026 to February 28, 2026— — — 1,147,742 \n\nMarch 1, 2026 to March 31, 2026720 $137.06 720 1,049,043 \n\nTotal720 $137.06 720 $1,049,043 \n\nEquity Compensation Plan Information - For equity compensation plan information, refer to “Part III, Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” of this Annual Report on Form 10-K."}