Ford 2014 Annual Report Download - page 32

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PART II.
ITEM 5. Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Our Common Stock is listed on the New York Stock Exchange in the United States, and on certain stock exchanges in
Belgium and France.
The table below shows the high and low sales prices for our Common Stock, and the dividends we paid per share of
Common and Class B Stock, for each quarterly period in 2013 and 2014:
2013 2014
Ford Common Stock price
per share (a)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
High $ 14.30 $ 16.09 $17.77 $18.02 $16.78 $17.35 $18.12 $ 16.13
Low 12.10 12.15 15.56 15.10 14.40 15.43 14.49 13.26
Dividends per share of Ford
Common and Class B Stock 0.10 0.10 0.10 0.10 0.125 0.125 0.125 0.125
__________
(a) New York Stock Exchange composite intraday prices as listed in the price history database available at www.NYSEnet.com.
As of February 6, 2015, stockholders of record of Ford included approximately 137,803 holders of Common Stock and
36 holders of Class B Stock.
In May 2014 we commenced and in August 2014 we completed a repurchase program for approximately 116 million
shares of Ford Common Stock, or 3% of diluted shares, at a total cost of about $2 billion. Approximately 12.6 million
shares were repurchased to offset the dilutive effect of share-based employee incentive compensation granted in 2014.
Approximately 103 million shares were repurchased to offset the dilutive effect of our 4.25% Senior Convertible Notes due
November 15, 2016, as well as to offset the increase in outstanding shares that would result from settling conversions
with shares. On October 21, 2014, we announced our election to terminate holders’ conversion rights in accordance with
the terms of the convertible notes, effective November 20, 2014. Until November 19, 2014, holders had the right to
convert their notes and almost all of the total $882 million principal amount of convertible notes that were outstanding was
converted. Approximately 103 million shares of Ford Common Stock were issued by us to settle the conversions.
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