TOCK

HOLDERS’ E

QUITY

Preferred Stock

November 30, 2017

and

August 31, 2017,

there were

10,000,000

shares of preferred stock (

$0.01

par value per share) authorized, of which

shares were issued and outstanding. FactSet’s Board of Directors

may

from time to time authorize the issuance of

one

or more series of preferred stock and, in connection with the creation of such series, determine the characteristics of each such series including, without limitation, the preference and relative, participating, optional or other special rights, and the qualifications, limitations or restrictions of the series.

Common Stock

November 30, 2017

and

August 31, 2017,

there were

150,000,000

shares of common stock (

$.01

par value per share) authorized, of which

52,101,426

and

51,845,132

shares were issued, respectively. The authorized shares of common stock are issuable for any proper corporate purpose, including future stock splits, stock dividends, acquisitions, raising equity capital or to adopt additional employee benefit plans.

Treasury Stock

November 30, 2017

and

August 31, 2017,

there were

12,991,346

and

12,822,100

shares of treasury stock (at cost) outstanding, respectively. As a result,

39,110,080

and

39,023,032

shares of FactSet common stock were outstanding at

November 30, 2017

and

August 31, 2017,

respectively.

Share Repurchase Program

Repurchases will be made from time to time in the open market and privately negotiated transactions, subject to market conditions.

During the

first

three

months of fiscal

2018,

the Company repurchased

164,920

shares for

$30.9

million compared to

505,000

shares for

$79.3

million in the prior year comparable period. As of

November 30, 2017,

$213.2

million remains authorized for future share repurchases.

minimum number of shares to be repurchased has been fixed. There is

timeframe to complete the repurchase program and it is expected that share repurchases will be paid using existing and future cash generated by operations.

Restricted Stock

Vesting

Restricted stock awards entitle the holder to shares of common stock as the awards vest over time. During the

first

three

months of fiscal

2018,

11,278

of previously granted restricted stock awards vested and were included in common stock outstanding as of

November 30, 2017 (

less

4,220

shares repurchased from employees to cover their cost of taxes upon vesting of the restricted stock). During the same period a year ago,

94,877

of previously granted restricted stock awards vested and were included in common stock outstanding as of

November 30, 2016 (

less

34,639

shares repurchased from employees to cover their cost of taxes upon vesting of the restricted stock).

Dividends

The Company

’s Board of Directors declared the following historical dividends:

Declaration Date	Dividends Per Share of Common Stock		Type	Record Date	Total $ Amount (in thousands)		Payment Date
November 8, 2017	$	0.56	Regular (cash)	November 30, 2017	$	21,902	December 19, 2017
August 10, 2017	$	0.56	Regular (cash)	August 31, 2017	$	21,853	September 19, 2017
May 5, 2017	$	0.56	Regular (cash)	May 31, 2017	$	21,951	June 20, 2017
February 6, 2017	$	0.50	Regular (cash)	February 28, 2017	$	19,709	March 21, 2017
November 10, 2016	$	0.50	Regular (cash)	November 30, 2016	$	19,852	December 20, 2016
August 5, 2016	$	0.50	Regular (cash)	August 31, 2016	$	20,019	September 20, 2016

All of the above cash dividends were paid from existing cash resources. Future dividend payments will depend on the Company

’s earnings, capital requirements, financial condition and other factors considered relevant by the Company and is subject to final determination by the Company’s Board of Directors.