Starbucks 2014 Annual Report Download - page 21

Download and view the complete annual report

Please find page 21 of the 2014 Starbucks annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

Starbucks Corporation 2014 Form 10-K 17
PART II
Item 5. Market for the Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity
Securities
SHAREHOLDER INFORMATION
MARKET INFORMATION AND DIVIDEND POLICY
Starbucks common stock is traded on NASDAQ, under the symbol "SBUX."
The following table shows the quarterly high and low sale prices per share of Starbucks common stock as reported by
NASDAQ for each quarter during the last two fiscal years and the quarterly cash dividend declared per share of our common
stock during the periods indicated:
High Low Cash Dividends
Declared
Fiscal 2014:
Fourth Quarter $ 80.64 $ 73.78 $ 0.32
Third Quarter 78.35 67.93 0.26
Second Quarter 78.83 68.67 0.26
First Quarter 82.50 74.45 0.26
Fiscal 2013:
Fourth Quarter $ 77.84 $ 65.82 $ 0.26
Third Quarter 67.48 56.65 0.21
Second Quarter 58.97 52.39 0.21
First Quarter 54.90 44.27 0.21
As of November 7, 2014, we had approximately 17,800 shareholders of record. This does not include persons whose stock is in
nominee or "street name" accounts through brokers.
Future decisions to pay cash dividends continue to be at the discretion of the Board of Directors and will be dependent on our
operating performance, financial condition, capital expenditure requirements, and other factors that the Board of Directors
considers relevant.
ISSUER PURCHASES OF EQUITY SECURITIES
The following table provides information regarding repurchases of our common stock during the quarter ended September 28,
2014:
Total
Number of
Shares
Purchased
Average
Price
Paid per
Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs
Maximum
Number of
Shares that May
Yet Be
Purchased
Under the Plans
or Programs (2)
Period(1)
June 30, 2014 — July 27, 2014 $ 18,132,067
July 28, 2014 — August 24, 2014 789,975 77.27 789,975 17,342,092
August 25, 2014 — September 28, 2014 1,484,884 76.52 1,484,884 15,857,208
Total 2,274,859 $ 76.78 2,274,859
(1) Monthly information is presented by reference to our fiscal months during the fourth quarter of fiscal 2014.
(2) The share repurchase program is conducted under authorizations made from time to time by our Board of Directors. On
November 15, 2012, we publicly announced the authorization of up to 25 million shares. This authorization has no
expiration date.