HP 2010 Annual Report Download - page 41

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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 in each first fiscal
quarter and third fiscal quarter and to pay $0.08 per share in each fiscal quarter. As of November 30,
2010, there were approximately 118,100 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 2010 that have not been previously
reported in a Quarterly Report on Form 10-Q.
Issuer Purchases of Equity Securities
Total Number of
Shares Purchased Approximate
as Part of Publicly Dollar Value of Shares
Total Number Average Announced that May Yet Be
of Shares Price Paid Plans or Purchased under the
Period Purchased per Share Programs Plans or Programs
In thousands, except per share amounts
Month #1
(August 2010) .................. 27,964 $41.97 27,964 $13,701,215
Month #2
(September 2010) ............... 34,312 $39.52 34,312 $12,345,379
Month #3
(October 2010) ................. 34,204 $41.90 34,204 $10,912,310
Total .......................... 96,480 $41.07 96,480
HP repurchased shares in the fourth quarter of fiscal 2010 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
2010 were purchased in open market transactions.
As of October 31, 2010, HP had remaining authorization of $10.9 billion for future share
repurchases under the $8.0 billion and $10.0 billion repurchase authorizations approved by HP’s Board
of Directors on November 19, 2009 and August 29, 2010, respectively.
33