HP 2011 Annual Report Download - page 42

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. In fiscal 2011, we declared dividends of $0.16 per share and $0.24
per share in the first and third quarters, respectively, and paid dividends of $0.08 per share in each of
the first and second quarters and $0.12 per share in each of the third and fourth quarters. In fiscal
2010, we declared dividends of $0.16 per share in the first and third quarters and paid dividends of
$0.08 per share in each quarter. As of November 30, 2011, there were approximately 111,200
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 2011.
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 2011) .................. 10,074 $31.51 10,074 $10,977,582
Month #2
(September 2011) ............... 7,088 $25.76 7,088 $10,795,008
Month #3
(October 2011) ................. — — — $10,795,008
Total .......................... 17,162 $29.13 17,162
HP repurchased shares in the fourth quarter of fiscal 2011 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
2011 were purchased in open market transactions.
As of October 31, 2011, HP had remaining authorization of $10.8 billion for future share
repurchases, including $0.8 billion remaining under the $10.0 billion repurchase authorization approved
by HP’s Board of Directors on August 29, 2010 and $10.0 billion under the additional repurchase
authorization approved on July 21, 2011.
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