HP 2009 Annual Report Download - page 40

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PART II
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities.
Information regarding the market prices of HP common stock and the markets for that stock may
be found in the ‘‘Quarterly Summary’’ in Item 8 and on the cover page of this Annual Report on
Form 10-K, respectively, which are incorporated herein by reference. We have declared and paid cash
dividends each fiscal year since 1965. The trend has been to declare $0.16 per share every first and
third quarters and to pay $0.08 per share per quarter. As of November 30, 2009, there were
approximately 126,600 stockholders of record. Additional information concerning dividends may be
found in ‘‘Selected Financial Data’’ in Item 6 and in Item 8, which are incorporated herein by
reference.
Recent Sales of Unregistered Securities
There were no unregistered sales of equity securities in fiscal 2009 that have not been previously
reported in a Quarterly Report on Form 10-Q.
Issuer Purchases of Equity Securities
Total Number of Approximate
Shares Purchased Dollar Value of Shares
Total Number Average as Part of Publicly that May Yet Be
of Shares Price Paid Announced Purchased under the
Period Purchased per Share Plans or Programs Plans or Programs
In thousands, except per share amounts
Month #1
(August 2009) ................. 17,589 $43.78 17,589 $5,286,004
Month #2
(September 2009) ............... 20,889 $45.60 20,889 $4,333,424
Month #3
(October 2009) ................. 7,972 $47.54 7,972 $3,954,407
Total .......................... 46,450 $45.24 46,450
HP repurchased shares in the fourth quarter of fiscal 2009 under an ongoing program to manage
the dilution created by shares issued under employee stock plans as well as to repurchase shares
opportunistically. This program, which does not have a specific expiration date, authorizes repurchases
in the open market or in private transactions. All shares repurchased in the fourth quarter of fiscal
2009 were purchased in open market transactions.
As of October 31, 2009, HP had remaining authorization of approximately $4.0 billion for future
share repurchases under the $8.0 billion repurchase authorization approved by the HP Board of
Directors on September 19, 2008.
On November 19, 2009, HP’s Board of Directors authorized an additional $8.0 billion for future
share repurchases.
33