Charter 2012 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 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
High Low
2011
First quarter $ 50.63 $ 38.46
Second quarter $ 59.30 $ 51.66
Third quarter $ 59.75 $ 42.06
Fourth quarter $ 56.94 $ 43.67
2012
First quarter $ 64.91 $ 56.15
Second quarter $ 70.87 $ 59.41
Third quarter $ 82.54 $ 71.59
Fourth quarter $ 78.54 $ 67.50
(B) Holders
As of January 31, 2013, there were approximately 46 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 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.