Avon 2008 Annual Report Download - page 23

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market for Avon’s Common stock
Avon’s Common Stock is listed on the New York Stock Exchange and trades under the AVP ticker symbol. At December 31, 2008, there were
approximately 17,773 record holders of Avon’s Common Stock. We believe that there are many additional shareholders who are not
“shareholders of record” but who beneficially own and vote shares through nominee holders such as brokers and benefit plan trustees. High and
low market prices and dividends per share of Avon’s Common Stock, in dollars, for 2008 and 2007 are listed below. For information regarding
future dividends on Avon’s Common Stock, see the “Liquidity and Capital Resources” section within MD&A on pages 33 through 36.
2008 2007
Quarter High Low
Dividends
Declared
and Paid High Low
Dividends
Declared
and Paid
First $40.50 $34.47 $.20 $40.13 $32.55 $0.185
Second 41.05 35.44 .20 41.85 36.13 0.185
Third 45.25 35.08 .20 40.66 31.95 0.185
Fourth 41.23 18.38 .20 42.51 35.92 0.185
Stock Performance Graph
Comparison of Five-Year Cumulative Total Return
(1)
Among Avon Products, Inc., The S&P 500 Index And 2008 Industry Composite
(2)
0
50
100
150
250
200
2003 2004 2005 2006 2007 2008
$ Value
Avon Products, Inc.,
S&P 500
Industry Composite
Assumes $100 invested on December 31, 2003, in Avon’s Common Stock, the S&P 500 Index and the Industry Composite. The dollar
amounts indicated in the graph above and in the chart below are as of December 31 or the last trading day in the year indicated.
2003 2004 2005 2006 2007 2008
Avon $100.00 $116.31 $ 87.49 $103.64 $126.46 $ 78.77
S&P 500 100.00 110.88 116.33 134.70 142.10 89.53
Industry Composite(2) 100.00 112.61 117.09 134.36 155.01 133.16
(1) Total return assumes reinvestment of dividends at the closing price at the end of each quarter.
(2) The Industry Composite includes Alberto-Culver, Clorox, Colgate–Palmolive, Estée Lauder, Kimberly Clark, Procter & Gamble and Revlon.
A V O N 2008 17