AVERY DENNISON CORP

Ticker: AVY CUSIP: 053611109 Class: COM

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 20,987 Value ($000) $3,817 Avg Close $172.31 Range $155.38 - $188.21

Q3 2025

Shares 21,887 Value ($000) $3,549 Avg Close $170.70 Range $157.64 - $184.53

Q2 2025

Shares 22,087 Value ($000) $3,876 Avg Close $172.71 Range $154.46 - $181.27

Q1 2025

Shares 22,587 Value ($000) $4,020 Avg Close $180.35 Range $170.22 - $192.30

Q4 2024

Shares 22,587 Value ($000) $4,227 Avg Close $199.18 Range $181.41 - $216.58

Q3 2024

Shares 22,887 Value ($000) $5,053 Avg Close $209.91 Range $195.38 - $226.70

Q2 2024

Shares 23,087 Value ($000) $5,048 Avg Close $214.94 Range $201.58 - $224.81

Q1 2024

Shares 22,087 Value ($000) $4,931 Avg Close $200.09 Range $186.44 - $217.87

Q4 2023

Shares 22,087 Value ($000) $4,465 Avg Close $179.50 Range $158.54 - $196.28

Q3 2023

Shares 24,687 Value ($000) $4,510 Avg Close $173.25 Range $159.20 - $183.75

Q2 2023

Shares 25,387 Value ($000) $4,361 Avg Close $162.78 Range $151.11 - $171.71

Q1 2023

Shares 22,187 Value ($000) $3,970 Avg Close $172.27 Range $156.29 - $185.55

Q4 2022

Shares 21,987 Value ($000) $3,980 Avg Close $168.26 Range $148.35 - $184.41

Q3 2022

Shares 21,987 Value ($000) $3,577 Avg Close $170.59 Range $149.95 - $191.98

Q2 2022

Shares 22,087 Value ($000) $3,575 Avg Close $160.04 Range $142.43 - $173.96

Q1 2022

Shares 23,319 Value ($000) $4,057 Avg Close $173.42 Range $146.39 - $204.35

Q4 2021

Shares 23,314 Value ($000) $5,049 Avg Close $198.94 Range $182.30 - $212.91

Q3 2021

Shares 21,982 Value ($000) $4,555 Avg Close $198.91 Range $182.35 - $211.94

Q2 2021

Shares 22,082 Value ($000) $4,643 Avg Close $194.12 Range $167.86 - $208.80

Q1 2021

Shares 21,882 Value ($000) $4,019 Avg Close $157.26 Range $135.60 - $172.41

Q4 2020

Shares 21,982 Value ($000) $3,410 Avg Close $132.77 Range $112.28 - $144.07

Q3 2020

Shares 341,882 Value ($000) $43,706 Avg Close $107.75 Range $100.26 - $118.86

Q2 2020

Shares 340,582 Value ($000) $38,857 Avg Close $99.81 Range $84.60 - $114.55

Q1 2020

Shares 250,526 Value ($000) $25,521 Avg Close $110.79 Range $69.79 - $127.32

Q4 2019

Shares 251,626 Value ($000) $32,918 Avg Close $113.51 Range $96.20 - $121.28

Q3 2019

Shares 20,226 Value ($000) $2,297 Avg Close $102.14 Range $96.21 - $107.84

Q2 2019

Shares 20,226 Value ($000) $2,340 Avg Close $97.43 Range $88.01 - $104.01

Q1 2019

Shares 154,226 Value ($000) $17,428 Avg Close $91.54 Range $76.88 - $101.15

Q4 2018

Shares 154,826 Value ($000) $13,908 Avg Close $82.95 Range $73.34 - $96.84

Q3 2018

Shares 291,426 Value ($000) $31,576 Avg Close $94.30 Range $87.35 - $101.88

Q2 2018

Shares 291,426 Value ($000) $29,755 Avg Close $92.28 Range $87.26 - $97.17

Q1 2018

Shares 25,926 Value ($000) $2,755 Avg Close $100.63 Range $89.35 - $107.33

Q4 2017

Shares 25,926 Value ($000) $2,978 Avg Close $93.55 Range $84.84 - $102.34

Q3 2017

Shares 26,826 Value ($000) $2,638 Avg Close $81.06 Range $76.10 - $86.53

Q2 2017

Shares 29,126 Value ($000) $2,574 Avg Close $71.76 Range $67.71 - $77.00

Q1 2017

Shares 29,326 Value ($000) $2,364 Avg Close $66.26 Range $59.19 - $70.26

Q4 2016

Shares 38,626 Value ($000) $2,712 Avg Close $61.60 Range $58.03 - $66.31

Q3 2016

Shares 37,450 Value ($000) $2,913 Avg Close $64.42 Range $59.62 - $66.84

Q2 2016

Shares 30,950 Value ($000) $2,314 Avg Close $62.34 Range $59.66 - $65.15

Q1 2016

Shares 30,750 Value ($000) $2,217 Avg Close $53.99 Range $47.51 - $60.83

Q4 2015

Shares 31,150 Value ($000) $1,952 Avg Close $52.41 Range $46.73 - $55.49

Q3 2015

Shares 32,950 Value ($000) $1,864 Avg Close $49.76 Range $44.07 - $53.33

Q2 2015

Shares 312,050 Value ($000) $19,016 Avg Close $47.65 Range $41.67 - $51.97

Q1 2015

Shares 34,950 Value ($000) $1,849 Avg Close $43.09 Range $41.14 - $44.48

Q4 2014

Shares 37,550 Value ($000) $1,948 Avg Close $38.42 Range $32.74 - $43.00

Q3 2014

Shares 38,450 Value ($000) $1,717 Avg Close $39.08 Range $35.87 - $41.51

Q2 2014

Shares 39,050 Value ($000) $2,001 Avg Close $39.53 Range $37.11 - $41.56

Q1 2014

Shares 39,150 Value ($000) $1,984 Avg Close $39.54 Range $36.58 - $41.44

Q4 2013

Shares 39,250 Value ($000) $1,970 Avg Close $37.09 Range $33.03 - $40.24

Q3 2013

Shares 39,850 Value ($000) $1,734 Avg Close $34.67 Range $33.27 - $36.67

Q2 2013

Shares 40,450 Value ($000) $1,730 Avg Close $33.15 Range $30.81 - $34.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,987	$3,817	$172.31	$155.38 - $188.21
Q3 2025	21,887	$3,549	$170.70	$157.64 - $184.53
Q2 2025	22,087	$3,876	$172.71	$154.46 - $181.27
Q1 2025	22,587	$4,020	$180.35	$170.22 - $192.30
Q4 2024	22,587	$4,227	$199.18	$181.41 - $216.58
Q3 2024	22,887	$5,053	$209.91	$195.38 - $226.70
Q2 2024	23,087	$5,048	$214.94	$201.58 - $224.81
Q1 2024	22,087	$4,931	$200.09	$186.44 - $217.87
Q4 2023	22,087	$4,465	$179.50	$158.54 - $196.28
Q3 2023	24,687	$4,510	$173.25	$159.20 - $183.75
Q2 2023	25,387	$4,361	$162.78	$151.11 - $171.71
Q1 2023	22,187	$3,970	$172.27	$156.29 - $185.55
Q4 2022	21,987	$3,980	$168.26	$148.35 - $184.41
Q3 2022	21,987	$3,577	$170.59	$149.95 - $191.98
Q2 2022	22,087	$3,575	$160.04	$142.43 - $173.96
Q1 2022	23,319	$4,057	$173.42	$146.39 - $204.35
Q4 2021	23,314	$5,049	$198.94	$182.30 - $212.91
Q3 2021	21,982	$4,555	$198.91	$182.35 - $211.94
Q2 2021	22,082	$4,643	$194.12	$167.86 - $208.80
Q1 2021	21,882	$4,019	$157.26	$135.60 - $172.41
Q4 2020	21,982	$3,410	$132.77	$112.28 - $144.07
Q3 2020	341,882	$43,706	$107.75	$100.26 - $118.86
Q2 2020	340,582	$38,857	$99.81	$84.60 - $114.55
Q1 2020	250,526	$25,521	$110.79	$69.79 - $127.32
Q4 2019	251,626	$32,918	$113.51	$96.20 - $121.28
Q3 2019	20,226	$2,297	$102.14	$96.21 - $107.84
Q2 2019	20,226	$2,340	$97.43	$88.01 - $104.01
Q1 2019	154,226	$17,428	$91.54	$76.88 - $101.15
Q4 2018	154,826	$13,908	$82.95	$73.34 - $96.84
Q3 2018	291,426	$31,576	$94.30	$87.35 - $101.88
Q2 2018	291,426	$29,755	$92.28	$87.26 - $97.17
Q1 2018	25,926	$2,755	$100.63	$89.35 - $107.33
Q4 2017	25,926	$2,978	$93.55	$84.84 - $102.34
Q3 2017	26,826	$2,638	$81.06	$76.10 - $86.53
Q2 2017	29,126	$2,574	$71.76	$67.71 - $77.00
Q1 2017	29,326	$2,364	$66.26	$59.19 - $70.26
Q4 2016	38,626	$2,712	$61.60	$58.03 - $66.31
Q3 2016	37,450	$2,913	$64.42	$59.62 - $66.84
Q2 2016	30,950	$2,314	$62.34	$59.66 - $65.15
Q1 2016	30,750	$2,217	$53.99	$47.51 - $60.83
Q4 2015	31,150	$1,952	$52.41	$46.73 - $55.49
Q3 2015	32,950	$1,864	$49.76	$44.07 - $53.33
Q2 2015	312,050	$19,016	$47.65	$41.67 - $51.97
Q1 2015	34,950	$1,849	$43.09	$41.14 - $44.48
Q4 2014	37,550	$1,948	$38.42	$32.74 - $43.00
Q3 2014	38,450	$1,717	$39.08	$35.87 - $41.51
Q2 2014	39,050	$2,001	$39.53	$37.11 - $41.56
Q1 2014	39,150	$1,984	$39.54	$36.58 - $41.44
Q4 2013	39,250	$1,970	$37.09	$33.03 - $40.24
Q3 2013	39,850	$1,734	$34.67	$33.27 - $36.67
Q2 2013	40,450	$1,730	$33.15	$30.81 - $34.85