Sprint - Nextel 2008 Annual Report Download - page 28
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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities.
Common Share Data
The principal trading market for our Series 1 common stock is the NYSE. Our Series 2 common stock is
not publicly traded. The high and low Sprint Series 1 common stock prices, as reported on the NYSE composite
are as follows:
2009 Market Price 2008 Market Price
High Low
End of
Period High Low
End of
Period
Series 1 common stock
First quarter ......................................... $4.20 $1.83 $3.57 $13.16 $5.48 $6.69
Second quarter ...................................... 5.94 3.49 4.81 9.94 6.27 9.50
Third quarter ........................................ 4.91 3.47 3.95 9.75 5.75 6.10
Fourth quarter ....................................... 4.41 2.78 3.66 6.72 1.35 1.83
Number of Shareholders of Record
As of February 19, 2010, we had about 41,000 Series 1 common stock record holders, 4 Series 2
common stock record holders, and no non-voting common stock record holders.
Dividends
We did not declare any dividends on our common shares in 2008 or 2009. We are currently restricted
from paying cash dividends by the terms of our revolving bank credit facility as described under Item 7
“Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and
Capital Resources – Liquidity.”
Issuer Purchases of Equity Securities
None.
26