Adaptec 2006 Annual Report Download - page 36

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Table of Contents
PART II
ITEM 5. Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities.
Stock Price Information. Our Common Stock trades on the NASDAQ Global Market under the symbol PMCS. The following table sets forth, for the periods
indicated, the high and low closing sale prices for our Common Stock as reported by the NASDAQ Global Market:
Fiscal 2006 High Low
First Quarter $ 12.45 $ 7.97
Second Quarter 13.57 8.55
Third Quarter 9.25 4.86
Fourth Quarter 7.96 5.92
Fiscal 2005 High Low
First Quarter $ 10.84 $ 8.48
Second Quarter 9.68 7.49
Third Quarter 10.69 8.27
Fourth Quarter 9.00 6.34
Stockholders
To maintain consistency, the information provided above is based on the last day of the calendar quarter rather than the last day of the fiscal quarter. As of
February 26, 2007 there were 1,101 holders of record of our Common Stock. On February 26, 2007, the last reported sales price of our common stock was $7.31
per share.
Dividends
We have never paid cash dividends on our Common Stock. We currently intend to retain earnings, if any, for use in our business or to fund acquisitions and do
not anticipate paying any cash dividends in the foreseeable future.
34
Source: PMC SIERRA INC, 10-K, March 01, 2007 Powered by Morningstar® Document Research℠