AutoNation 2006 Annual Report Download - page 18
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Table of Contents
MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on The New York Stock Exchange under the symbol “AN.” The following table sets forth, for the
periods indicated, the high and low sales prices per share of the common stock as reported on the consolidated transaction reporting
system.
Fourth Quarter $ 21.52 $ 19.43
Third Quarter 21.68 18.95
Second Quarter 22.94 20.56
First Quarter 22.90 20.54
Fourth Quarter $ 22.84 $ 18.44
Third Quarter 22.54 19.57
Second Quarter 21.69 17.91
First Quarter 20.05 18.35
On February 23, 2007, the closing price of our common stock was $22.73 per share as reported by the NYSE. As of February 23,
2007, there were approximately 2,400 holders of record of our common stock.
We have not declared or paid any cash dividends on our common stock during our two most recent fiscal years. We do not
anticipate paying cash dividends in the foreseeable future. The indenture for our new senior unsecured notes and the amended credit
agreement for our revolving credit facility and term loan facility restrict our ability to declare and pay cash dividends.
Information about our equity compensation plans is set forth in Item 12 of this Form 10-K.
The table below sets forth information with respect to shares of common stock repurchased by AutoNation, Inc. during the three
months ended December 31, 2006. See Note 9 of our Notes to Unaudited Consolidated Financial Statements for additional information
regarding our stock repurchase programs.
October 1, 2006 to October 31, 2006 50,000 $ 20.05 50,000 $ 134.6
November 1, 2006 to November 30, 2006 1,050,000 $ 20.26 1,050,000 $ 113.3
December 1, 2006 to December 31, 2006 1,000,000 $ 20.92 1,000,000 $ 92.4
Total 2,100,000 2,100,000
(1) Future share repurchases are subject to limitations contained in the indentures relating to the Company’s new senior unsecured
notes and amended credit agreement relating to its revolving credit facility.
(2) Shares are repurchased under our stock repurchase program approved by the Company’s Board of Directors in June 2006, which
authorized the Company to repurchase up to $250.0 million of shares. This program does not have an expiration date.
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