PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our Class A Ordinary Shares, $0.01 nominal value per share, are traded on the New York Stock Exchange (“NYSE”). The following table sets forth the ranges of high and low sales prices per share of our ordinary shares as reported on the NYSE and the cash dividends per share of common stock paid for the two most recent fiscal years:
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Years Ended December 31
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2016
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2015
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High
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Low
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Dividends paid per share
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High
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Low
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Dividends paid per share
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Fourth quarter
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$
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116.59
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$
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107.19
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$
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0.33
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$
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97.79
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$
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86.38
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$
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0.30
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Third quarter
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$
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113.78
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$
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105.35
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$
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0.33
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$
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103.38
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$
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87.58
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$
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0.30
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Second quarter
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$
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110.04
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$
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100.55
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$
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0.33
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$
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104.70
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$
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95.32
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$
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0.30
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First quarter
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$
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104.76
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$
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83.83
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$
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0.30
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$
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107.08
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$
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89.35
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$
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0.25
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On February 22, 2017 , the last reported sale price of our ordinary shares as reported by the NYSE was $115.60 per share. We have approximately 225 holders of record of our Class A Ordinary Shares as of February 22, 2017 .
The following information relates to the repurchases of equity securities by Aon or any affiliated purchaser during any month within the fourth quarter of the fiscal year covered by this report:
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Period
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Total Number of Shares Purchased
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Average Price Paid per Share (1)
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Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
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Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)(2)
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10/1/16 – 10/31/16
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758,923
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$
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110.68
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758,923
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$
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2,939,315,852
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11/1/16 – 11/30/16
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754,296
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$
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111.36
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754,296
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$
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2,855,317,922
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12/1/16 – 12/31/16
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283,323
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$
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112.96
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283,323
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$
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2,823,314,745
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1,796,542
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1,796,542
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(1)
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Does not include commissions or other costs paid to repurchase shares.
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(2)
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In April 2012, our Board of Directors authorized a share repurchase program under which up to $5 billion of Class A Ordinary Shares may be repurchased. In November 2014, our Board of Directors authorized an additional $5 billion of Class A Ordinary Shares for repurchase. In February 2017, the Board of Directors authorized a $5.0 billion increase to the then existing remaining authorization under its share repurchase program. Under each program, shares may be repurchased through open market or privately negotiated transactions, based on prevailing market conditions, funded from available capital. During 2016 , we repurchased 12.2 million shares at an average price per share of $102.66 for a total cost of $1.3 billion . The remaining authorized amount for share repurchase under our Share Repurchase Programs is $2.8 billion at December 31, 2016 .
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