Google 2015 Annual Report Download - page 23

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Table of Contents Alphabet Inc. and Google Inc.
19
Holders of Record
As of December 31, 2015, there were approximately, 2,279 and 2,173 stockholders of record of our Class A
common stock and Class C capital stock, respectively, and the closing prices of our Class A common stock and Class
C capital stock were $778.01 and $758.88 per share, respectively, as reported by the NASDAQ Global Select Market.
Because many of our shares of Class A common stock and Class C capital stock are held by brokers and other
institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these
record holders. As of December 31, 2015, there were approximately 68 stockholders of record of our Class B common
stock.
Dividend Policy
We have never declared or paid any cash dividend on our common or capital stock. We intend to retain any future
earnings and do not expect to pay any cash dividends in the foreseeable future.
Issuer Purchases of Equity Securities
The following table presents information with respect to Alphabet's repurchases of Class C capital stock during
the quarter ended December 31, 2015.
Period
Total Number of Shares
Purchased
(in thousands) (1) Average Price Paid per
Share (2)
Total Number of Shares
Purchased as Part of
Publicly Announced
Programs
(in thousands) (1)
Approximate Dollar
Value of Shares that
May Yet Be Purchased
Under the Program
(in millions)
October 1 - 31 0 $ 0.00 0 $ 5,099
November 1 - 30 1,500 $ 737.72 1,500 $ 3,934
December 1 - 31 891 $ 757.04 891 $ 3,319
Total 2,391 $ 744.68 2,391
(1) In October 2015, the board of directors of Alphabet authorized the company to repurchase up to $5,099,019,513.59 of its
Class C capital stock, commencing in the fourth quarter of 2015. The repurchases are being executed from time to time,
subject to general business and market conditions and other investment opportunities, through open market purchases or
privately negotiated transactions, including through the use of 10b5-1 plans. The repurchase program does not have an
expiration date. Refer to Note 13 in Part II, Item 8 of this Annual Report on Form 10-K for additional information related to
share repurchases.
(2) Average price paid per share includes costs associated with the repurchases.
Unregistered Sales of Equity Securities
On December 17, 2015, we issued an aggregate of approximately 514 thousand shares of our Class C capital
stock in connection with our acquisition of bebop Technologies, Inc. The issuance of our shares was made in reliance
upon an exemption from the registration requirements of the Securities Act provided by Regulation D.
Stock Performance Graph
The following graph compares the 5-year cumulative total return to shareholders on Alphabet Inc.’s common
stock relative to the cumulative total returns of the S&P 500 index, the RDG Internet Composite index, and the NASDAQ
Composite index. An investment of $100 (with reinvestment of all dividends) is assumed to have been made in the
company’s Class A common stock, Class C capital stock, and in each index on December 31, 2010 and its relative
performance is tracked through December 31, 2015. The returns shown are based on historical results and are not
intended to suggest future performance.