Arrow Electronics 2011 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2011 Arrow Electronics 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 92

  • 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

18
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
The company's common stock is listed on the NYSE (trading symbol: "ARW"). The high and low sales prices during each quarter
of 2011 and 2010 are as follows:
Year
2011:
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
2010:
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
High
$
$
38.66
42.14
47.50
42.90
34.99
27.66
32.50
30.85
Low
$
$
25.71
27.39
36.21
34.08
25.84
21.76
21.79
25.80
Holders
On January 27, 2012, there were approximately 2,100 shareholders of record of the company's common stock.
Dividend History
The company did not pay cash dividends on its common stock during 2011 or 2010. While from time to time the Board of Directors
considers the payment of dividends on the common stock, the declaration of future dividends is dependent upon the company's
earnings, financial condition, and other relevant factors, including debt covenants.
Equity Compensation Plan Information
The following table summarizes information, as of December 31, 2011, relating to the Omnibus Incentive Plan, which was approved
by the company's shareholders and under which cash-based awards, non-qualified stock options, incentive stock options, stock
appreciation rights, restricted stock or restricted stock units, performance shares or units, covered employee annual incentive
awards, and other stock-based awards may be granted.
Plan Category
Equity compensation plans approved by security holders
Equity compensation plans not approved by security holders
Total
Number of
Securities to
be Issued
Upon
Exercise of
Outstanding
Options,
Warrants
and Rights
6,031,965
6,031,965
Weighted
Average Exercise
Price of
Outstanding
Options,
Warrants and
Rights
$
$
29.68
29.68
Number of
Securities
Remaining
Available for
Future
Issuance
7,602,876
7,602,876