HP 2012 Annual Report Download - page 44

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 2012, we declared dividends of $0.24 per share and $0.26
per share in the first and third quarters, respectively, and paid dividends of $0.12 per share in each of
the first and second quarters and $0.13 per share in each of the third and fourth quarters. 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. As of November 30, 2012, there were approximately
104,900 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 2012.
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 2012) .................. 1,176 $18.63 1,176 $9,278,462
Month #2
(September 2012) ............... 2,453 $17.66 2,453 $9,235,126
Month #3
(October 2012) ................. 3,933 $15.03 3,933 $9,176,011
Total .......................... 7,562 $16.45 7,562
HP repurchased shares in the fourth quarter of fiscal 2012 under an ongoing program to return
cash to stockholders when sufficient liquidity exists, the shares are trading at a discount relative to
estimated intrinsic value, and there is no alternative investment opportunity expected to generate a
higher risk-adjusted return on investment. 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 2012 were purchased in open market transactions. As of October 31, 2012, HP
had remaining authorization of $9.2 billion for future share repurchases under the $10.0 billion
repurchase authorization approved by HP’s Board of Directors on July 21, 2011.
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