American Airlines 2002 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2002 American Airlines 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 108

  • 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

23
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER MATTERS
The Company's common stock is traded on the New York Stock Exchange (symbol AMR). The
approximate number of record holders of the Company's common stock at March 31, 2003 was 13,000.
The range of closing market prices for AMR's common stock on the New York Stock Exchange was:
2002 2001
High Low High Low
Quarter Ended
March 31 $ 29.05 $ 21.92 $ 43.75 $ 31.06
June 30 25.56 16.00 39.38 33.24
September 30 15.93 3.60 37.94 17.90
December 31 8.25 3.15 23.34 16.49
In March 2003, Standard and Poor’s removed AMR’s common stock from the S&P 500 index.
Effective after the close of business on March 15, 2000, AMR distributed 0.722652 shares of Sabre
Holdings Corporation (Sabre) Class A Common Stock for each share of AMR stock owned by AMR’s
shareholders, thus distributing its entire ownership interest in Sabre. As such, Sabre has been treated as a
discontinued operation in Item 6 – Selected Consolidated Financial Data, Item 7 – Management’s Discussion and
Analysis of Financial Condition and Results of Operations and Item 8 – Consolidated Financial Statements. In
addition, the discussion in the other items of this Form 10-K relates primarily to American and AMR Eagle.
No cash dividends on common stock were declared for any period during 2002 or 2001. Payment of
dividends is subject to various restrictions described in Note 8 to the consolidated financial statements.