Yahoo 2012 Annual Report Download - page 43

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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:
2011 2012
High Low High Low
First quarter ................................................... $17.84 $15.41 $16.39 $14.35
Second quarter ................................................. $18.84 $14.50 $16.35 $14.73
Third quarter .................................................. $15.95 $11.09 $16.37 $14.59
Fourth quarter ................................................. $16.79 $13.37 $19.97 $15.65
Stockholders
We had 9,681 stockholders of record as of February 15, 2013.
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 Repurchases of Equity Securities
Share repurchase activity during the three months ended December 31, 2012 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 Program
(in 000s)(*)
October 1—October 31, 2012 .................... 5,000,000 $16.68 5,000,000 $4,805,549
November 1—November 30, 2012 ................ 42,218,186 $17.72 42,218,186 $4,057,414
December 1—December 31, 2012 ................ 32,367,208 $19.15 32,367,208 $3,437,506
Total ....................................... 79,585,394 $18.24 79,585,394
(*) The share repurchases in the three months ended December 31, 2012 were made under our stock repurchase
program announced in May 2012, which authorizes the repurchase of up to $5 billion of our outstanding
shares of common stock from time to time. This program, according to its terms, will expire in June 2015
unless revoked earlier by the Board. Repurchases under this program 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.
See Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of
this Annual Report on Form 10-K for additional information regarding share repurchases. See also
Note 12—“Stockholders’ Equity” in the Notes to the consolidated financial statements for additional
information.
29