Symantec 2014 Annual Report Download - page 106

PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
Price Range of Common Stock
Our common stock is traded on the NASDAQ Global Select Market under the symbol “SYMC.” The high
and low sales prices set forth below are as reported on the NASDAQ Global Select Market during each quarter of
the two most recent years.
Fiscal 2014 Fiscal 2013
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
High $ 23.97 $ 25.06 $ 26.44 $ 24.45 $ 24.73 $ 19.09 $ 19.20 $ 18.80
Low $ 18.20 $ 21.20 $ 21.93 $ 21.06 $ 18.82 $ 17.33 $ 13.18 $ 13.89
Stockholders
As of March 28, 2014, there were 2,098 stockholders of record.
Dividends
During fiscal 2014 we declared and paid common stock dividends of $418 million or $0.60 per share.
Dividends declared and paid each quarter during fiscal 2014 were $0.15 per share. No dividends and dividend
equivalents were paid in any periods prior to fiscal 2014. Each quarterly dividend was recorded as a reduction to
additional paid-in capital. In addition, our board of directors approved dividend equivalent rights entitling holders
of restricted stock and performance-based stock to dividend equivalents to be paid in the form of cash upon
vesting, for each share of the underlying units. On May 8, 2014, we announced a quarterly dividend in the
amount of $0.15 per share of common stock to be paid on June 25, 2014 to all stockholders of record as of
June 10, 2014. All future dividends and dividend equivalents are subject to the approval of our board of directors.
Repurchases of our equity securities
Stock repurchases during the three months ended March 28, 2014 were as follows:
Total Number of
Shares
Purchased
Average Price Paid
per Share
Total Number of
Shares
Purchased
Under Publicly
Announced
Plans or
Programs
Maximum Dollar
Value of Shares
That May Yet Be
Purchased Under
the Plans or
Programs
(In millions, except per share data)
December 28, 2013 to January 24, 2014 4 $ 23.17 4 $ 695
January 25, 2014 to February 21, 2014 2 $ 22.14 2 $ 658
February 22, 2014 to March 28, 2014 - $ - - $ 658
Total 6 $ 22.85 6
Through our stock repurchase programs we have repurchased shares on a quarterly basis since the fourth quarter
of fiscal 2004. During the fourth quarter of fiscal 2013, our board of directors authorized a new $1.0 billion stock
repurchase program which commenced in fiscal 2014. Our active stock repurchase programs have $658 million
remaining authorized for future repurchase as of March 28, 2014, and neither program has an expiration date.
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