Dell 2010 Annual Report Download - page 24

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Table of Contents
PART II
ITEM 5 — MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Market for Common Stock
Our common stock is listed on the NASDAQ Global Select Market of The NASDAQ Stock Market LLC under the symbol DELL.
Information regarding the high and low sales prices per share of our common stock for Fiscal 2011 and Fiscal 2010, as reported by the
NASDAQ Global Select Market, is set forth below:
First Second Third Fourth
Quarter Quarter Quarter Quarter
Stock sales price per share for the fiscal year ended January 28, 2011:
High $ 17.52 $ 16.46 $ 14.89 $ 14.70
Low $ 12.92 $ 11.72 $ 11.34 $ 13.06
Stock sales price per share for the fiscal year ended January 29, 2010:
High $ 12.05 $ 14.24 $ 17.26 $ 16.10
Low $ 7.84 $ 10.39 $ 13.07 $ 12.74
Holders
At March 4, 2011, there were 29,320 holders of record of Dell common stock.
Dividends
We have never declared or paid any cash dividends on shares of our common stock and currently do not anticipate paying any cash
dividends in the immediate future. Any future determination to pay cash dividends will be at the discretion of our Board of Directors.
Purchases of Common Stock
We have a share repurchase program that authorizes us to purchase shares of common stock in order to increase shareholder value and
manage dilution resulting from shares issued under our equity compensation plans. However, we do not currently have a policy that
requires the repurchase of common stock in conjunction with share-based payment arrangements. The following table sets forth
information regarding our repurchases or acquisitions of common stock during the fourth quarter of Fiscal 2011 and the remaining
authorized amount of future purchases under our share repurchase program:
Approximate
Total Number of Dollar Value of
Total Weighted Shares Purchased Shares that May
Number Average as Part of Publicly Yet Be Purchased
of Shares Price Paid Announced Plans Under the Plans or
Period Purchased(a) per Share or Programs(b) Programs(b)
(in millions, except average price paid per share)
Repurchases from October 30, 2010 through November 26, 2010 4 $ 13.74 4 $ 3,884
Repurchases from November 27, 2010 through December 24,
2010 11 $ 13.52 11 $ 3,743
Repurchases from December 25, 2010 through January 28, 2011 - $ - - $ 3,743
Total 15 $ 13.58 15
(a) All shares repurchased during the fourth quarter of Fiscal 2011 were purchased in open market transactions.
(b) On December 4, 2007, we publicly announced that our Board of Directors had authorized a share repurchase program for up to $10 billion of our common stock
over an unspecified amount of time.
20