CAPITAL STOCK

12 Months Ended

Oct. 29, 2023

CAPITAL STOCK

CAPITAL STOCK

21. CAPITAL STOCK

Our stock is listed on the New York Stock Exchange under the symbol “DE.” At the end of 2023, there were 17,158 holders of record of our common stock.

The number of common shares we are authorized to issue is 1.2 billion. The common shares issued at October 29, 2023, October 30, 2022, and October 31, 2021 were 536.4 million. 281.6 million common shares were outstanding at October 29, 2023, with the remainder held in treasury stock.

The number of authorized preferred shares is 9 million. No preferred shares have been issued.

In December 2022, the Board of Directors authorized the repurchase of up to $18.0 billion of common stock. At the end of fiscal year 2023, this repurchase program had $13.0 billion (35.9 million shares based on our fiscal year end closing NYSE common stock price of $361.15 per share) remaining to be repurchased. Repurchases of our common stock under this plan are made from time to time, at our discretion, in the open market.

A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:

	2023		2022		2021
Net income attributable to Deere & Company	$	10,166	$	7,131	$	5,963
Average shares outstanding		292.2		304.5		311.6
Basic per share	$	34.80	$	23.42	$	19.14
Average shares outstanding		292.2		304.5		311.6
Effect of dilutive stock options		1.4		1.8		2.4
Total potential shares outstanding		293.6		306.3		314.0
Diluted per share	$	34.63	$	23.28	$	18.99
Shares excluded as antidilutive		.1		.2