Symantec 1999 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 1999 Symantec 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 96

  • 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

13
PART II
Item 5: Market for Registrant’s Common Equity and Related Stockholder
Matters.
Our common stock is traded on the Nasdaq National Market under the Nasdaq symbol “SYMC”. The high and low
closing sales prices set forth below are as reported on the Nasdaq National Market.
Fiscal 1999 Fiscal 1998
Mar. 31, Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
1999 1998 1998 1998 1998 1997 1997 1997
High $22.88 $21.81 $28.00 $32.13 $29.00 $27.00 $25.50 $20.38
Low 14.47 8.69 10.13 22.63 20.88 19.19 19.44 12.50
Delrina exchangeable stock has been traded on the Toronto Stock Exchange under the symbol “DE” since the
acquisition of Delrina by Symantec on November 22, 1995. The high and low closing sales prices set forth below are
in Canadian dollars as reported on the Toronto Stock Exchange. Delrina exchangeable stock is exchangeable at the
option of the stockholders on a one-for-one basis into our common stock.
Fiscal 1999 Fiscal 1998
Mar. 31, Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
1999 1998 1998 1998 1998 1997 1997 1997
(In Canadian dollars)
High $34.60 $33.00 $41.75 $46.5 $40.10 $39.00 $35.00 $28.00
Low 22.45 13.20 16.60 32.75 29.50 26.75 26.25 16.50
As of March 31, 1999, there were approximately 662 stockholders of record, including approximately 28 holders of
record of Delrina exchangeable shares. We have not paid cash dividends in the last three years. In addition, our bank
line of credit does not allow for the payment of cash dividends on common stock. See Note 7 of Notes to Consolidated
Financial Statements of this Form 10-K.