Charter 2011 Annual Report Download - page 41

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29
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
(A) Market Information
Charter’s Class A common stock is listed on the NASDAQ Global Select Market under the symbol “CHTR.”
The following table sets forth, for the periods indicated, the range of high and low last reported sale price per share of Charter’s
Class A common stock after its emergence from bankruptcy from January 1, 2010 to September 13, 2010 on the OTC Bulletin Board
or in the “Pink Sheets,” and from September 14, 2010 to December 31, 2011 on the NASDAQ Global Select Market. There was
no established trading market for Charter’s Class B common stock prior to its conversion to Class A common stock on January
18, 2011.
Class A Common Stock
2010
First quarter
Second quarter
Third quarter
Fourth quarter
2011
First quarter
Second quarter
Third quarter
Fourth quarter
High
$ 35.00
$ 39.75
$ 36.50
$ 38.94
$ 50.63
$ 59.30
$ 59.75
$ 56.94
Low
$ 29.50
$ 33.75
$ 32.50
$ 32.00
$ 38.46
$ 51.66
$ 42.06
$ 43.67
(B) Holders
As of January 31, 2012, there were approximately 1,170 holders of record of Charter’s Class A common stock.
(C) Dividends
Charter has not paid stock or cash dividends on any of its common stock.
Charter would be dependent on distributions from its subsidiaries if Charter were to make any dividends. Covenants in the
indentures and credit agreements governing the debt obligations of our subsidiary, CCH II, LLC (“CCH II”), and its subsidiaries
restrict their ability to make distributions to us, and accordingly, limit our ability to declare or pay cash dividends. See “Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Future cash dividends, if any, will be
at the discretion of Charter’s board of directors and will depend upon, among other things, our future operations and earnings,
capital requirements, general financial condition, contractual restrictions and such other factors as Charter’s board of directors
may deem relevant.