Advance Auto Parts 2003 Annual Report Download - page 50

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Our common stock is listed on the New York Stock
Exchange, or NYSE, under the symbol “AAP.” The table
below sets forth, for the fiscal periods indicated, the high
and low sale prices per share for our common stock, as
reported by the NYSE.
High Low
Fiscal Year Ended January 3, 2004
Fourth Quarter.......................................................... $41.83 $36.43
Third Quarter ........................................................... $37.60 $31.93
Second Quarter ........................................................ $32.16 $23.78
First Quarter............................................................. $25.13 $18.50
Fiscal Year Ended December 28, 2002
Fourth Quarter.......................................................... $29.17 $23.35
Third Quarter ........................................................... $27.80 $20.70
Second Quarter ........................................................ $31.10 $22.45
First Quarter............................................................. $25.03 $19.93
The table gives effect to our two-for-one stock split
effectuated in the form of a 100% stock dividend distributed
on January 2, 2004, as trading began on a post-split basis on
January 5, 2004.
The closing price of our common stock on March 10,
2004 was $40.72. At March 10, 2004, there were 476 hold-
ers of record of our common stock.
We have not declared or paid cash dividends on our
common stock in the last two years. We anticipate that we
will retain all of our earnings in the foreseeable future to
finance the expansion of our business and, therefore, do
not anticipate paying any dividends on our common stock.
In addition, our amended senior credit facility contains
restrictions on the amount of cash dividends or other distri-
butions we may declare and pay on our capital stock. Any
payments of dividends in the future will be at the discretion
of our board of directors and will depend upon our results
of operations, earnings, capital requirements, contractual
restrictions contained in our amended senior credit facility,
or other agreements, and other factors deemed relevant by
our board of directors.
MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
Page 48
Stockholders may obtain free of charge a copy of the Company’s Annual Report on Form 10-K as filed with the
Securities and Exchange Commission by writing to the Investor Relations Department, P.O. Box 2710, Roanoke, Virginia
24001 or by accessing the Company’s website at www.advanceautoparts.com.
SEC FORM 10-K