Windstream 2015 Annual Report Download - page 109
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27
Windstream Holdings, Inc.
Windstream Services, LLC
Form 10-K, Part II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information, Holders and Dividends
(a) Our common stock is traded on the NASDAQ Global Select Market under the symbol “WIN.” The following table reflects
the range of high, low and closing prices of our common stock as reported by Dow Jones & Company, Inc. for each
quarter in 2015 and 2014. The stock prices and dividends declared presented below have been adjusted for the one-for-
six reverse stock split of our common stock effected on April 26, 2015:
Year Quarter High Low Close
Dividend
Declared
2015 (1) 4th $7.76 $5.52 $6.44 $0.15
3rd $8.09 $4.42 $6.14 $0.15
2nd $50.82 $6.10 $6.38 $0.51 (2)
1st $53.94 $43.38 $44.40 $1.50
2014 (1) 4th $65.82 $49.32 $49.44 $1.50
3rd $79.80 $58.98 $64.68 $1.50
2nd $61.32 $49.44 $59.76 $1.50
1st $50.70 $43.08 $49.44 $1.50
(1) On April 24, 2015, we completed the spin-off of CS&L. The closing price of our common stock on April 24,
2015 was $46.98, and the opening price on April 27, 2015, the first trading date following consummation of the
spin-off, was $11.72.
(2) On April 24, 2015, we made a cash distribution of $.3954 per share (or $.0659 per share on a pre-spin-off/pre-
reverse split basis) to our stockholders of record on April 10, 2015. On May 5, 2015, we declared a cash dividend
of $.1104 per share on our common stock, which is equivalent of a prorated per share quarterly dividend for the
period beginning April 25, 2015 and ending June 30, 2015, which was payable on July 15, 2015 to shareholders
of record on June 30, 2015.
As of February 22, 2016, the approximate number of holders of common stock, including an estimate for those holding
shares in street name, was 284,493.
For a discussion of certain restrictions on our ability to pay dividends under Windstream Services’ debt instruments, see
Management’s Discussion and Analysis of Financial Condition and Results of Operations, Financial Condition, Liquidity
and Capital Resources in the Financial Supplement to this Annual Report on Form 10-K.
(b) Not applicable.
(c) Not applicable.