eBay 1999 Annual Report Download - page 23

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PART II
Item 5: Market for Registrant’s Common Equity and Related Stockholder Matters
Price Range of Common Stock
eBay’s Common Stock has been traded on The Nasdaq Stock MarketSM under the symbol ‘‘EBAY’’ since
September 24, 1998. The following table sets forth the high and low sales prices of the Company’s Common
Stock for the periods indicated and are as reported on The Nasdaq Stock MarketSM:
High Low
Year Ended December 31, 1998
Third Quarter (from September 24, 1998) .................. $ 18.08 $ 13.71
Fourth Quarter ...................................... 103.75 8.42
Year Ended December 31, 1999
First Quarter ....................................... 177.38 55.33
Second Quarter ..................................... 234.00 126.69
Third Quarter ....................................... 161.00 70.28
Fourth Quarter ...................................... 186.00 124.50
As of March 1, 2000 there were approximately 1,150 stockholders of record of the Company’s Common
Stock, although the Company believes that there is a significantly larger number of beneficial owners of its
Common Stock.
Dividend Policy
The Company has never paid cash dividends on its stock, and anticipates that it will continue to retain any
future earnings to finance the growth of its business.
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