Yahoo 2007 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2007 Yahoo 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 156

  • 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
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

Part II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Market Information for Common Stock
Yahoo! Inc. common stock is quoted on the Nasdaq Global Select Market under the symbol “YHOO.” The
following table sets forth the range of high and low per share sales prices as reported for each period indicated:
High Low High Low
2006 2007
First quarter . . . ................................. $43.66 $29.75 $32.84 $25.26
Second quarter . ................................. $34.09 $28.60 $33.61 $26.61
Third quarter . . . ................................. $33.74 $24.60 $27.80 $22.27
Fourth quarter . . ................................. $28.56 $22.65 $34.08 $22.80
Stockholders
We had 11,041 stockholders of record as of February 15, 2008.
Dividends
We have not declared or paid any cash dividends on our common stock. We presently do not have plans to pay any
cash dividends in the near future.
Issuer Purchases of Equity Securities
Stock repurchase activity during the three months ended December 31, 2007 was as follows:
Period
Total Number
of Shares
Purchased
(*)
Average
Price Paid
per Share
Total Number of
Shares Purchased
as Part of a
Publicly Announced
Program
Approximate Dollar
Value of Shares
that May Yet be
Purchased Under
the Programs
(in 000s)
(*)
October 1 October 31, 2007...... — — $1,386,764
November 1 — November 30, 2007 . . 5,849,000 25.63 5,849,000 $1,236,843
December 1 December 31, 2007 . . 3,002,426 23.57 3,002,426 $1,166,080
Total ....................... 8,851,426 $24.93 8,851,426
(*)
The shares repurchased in the three months ended December 31, 2007 were under our stock repurchase program that was announced in
October 2006 with an authorized level of $3.0 billion. This program is expected to expire by its terms in October 2011. Repurchases
may take place in the open market or in privately negotiated transactions, including derivative transactions, and may be made under a
Rule 10b5-1 plan.
33