Blackberry 2013 Annual Report Download - page 86

the Company’s property other than in the ordinary course of business and, at any such meeting, shall be entitled to one vote in respect
of each class A common share on any resolution to approve such dissolution, sale, lease or exchange. Dividends are to be declared
and paid in equal amounts per share on all the class A common shares and the common shares without preference or distinction. The
Company authorized for issuance the class A common shares when the Company was a private company to permit employees to
participate in equity ownership. Class A common shares previously issued by the Company to such employees were converted on a
one-for-one basis into common shares in December 1996 at the time that the Company became a reporting issuer in the Province of
Ontario by filing a prospectus with respect to a special warrant offering completed in the Province of Ontario in 1997. At this time,
the Company has no plans to issue further class A common shares. Subject to the rights of holders of any class of share ranking prior
to the class A common shares and common shares, in the event that the Company is liquidated, dissolved or wound-up, holders of
class A common shares and common shares are entitled to receive the remaining assets ratably on a per share basis without preference
or distinction.
Preferred Shares
The holders of preferred shares are not entitled to receive notice of or to attend or vote at any meeting of the Company’s shareholders,
except as provided by applicable law. Preferred shares may be issued in one or more series and, with respect to the payment of
dividends and the distribution of assets in the event that the Company is liquidated, dissolved or wound-up, rank prior to the common
shares and the class A common shares. The Company’s board of directors has the authority to issue series of preferred shares and
determine the price, number, designation, rights, privileges, restrictions and conditions, including dividend rights, of each series
without any further vote or action by shareholders. The holders of preferred shares do not have pre-emptive rights to subscribe to any
issue of the Company’s securities. At this time there are no preferred shares outstanding and the Company has no plans to issue any
preferred shares.
MARKET FOR SECURITIES OF THE COMPANY
The Company’s common shares are listed and posted for trading on The Toronto Stock Exchange under the symbol “BB” and are
listed on the NASDAQ Global Select Market under the symbol “BBRY”. The volume of trading and price ranges of the Company’s
common shares on the NASDAQ Global Select Market and the Toronto Stock Exchange during the previous fiscal year are set out in
the following table:
79
Common Shares – TSX Common Shares – NASDAQ
Month
Price Range
(CDN $)
Average Daily
Volume
Price Range
(US $)
Average Daily
Volume
March 2012
$12.80-$14.90 2,617,709 $12.83-$14.92 21,359,923
A
p
ril 2012
$12.53-$14.95 2,162,005 $12.55-$14.99 20,649,955
Ma
y
2012
$10.30-$14.27 2,197,150 $10.01-$14.42 18,414,764
June 2012
$7.48-$11.31 2,084,405 $7.34-$11.09 20,821,533
Jul
y
2012
$6.66-$8.48 2,863,233 $6.56-$8.32 21,898,533
Au
g
ust 2012
$6.52-$8.43 2,097,000 $6.61-$8.49 16,953,27
0
Se
p
tember 2012
$6.10-$8.05 3,430,732 $6.22-$8.20 31,296,605
October 2012
$7.15-$8.30 2,008,505 $7.27-$8.45 18,713,91
0
November 2012
$8.03-$12.20 5,478,505 $8.01-$12.30 40,480,129
December 2012
$10.50-$14.00 6,293,528 $10.59-$14.21 46,564,185
Januar
y
2013
$11.27-$18.49 9,226,045 $11.40-$18.32 74,480,576
Februar
y
2013
$12.86-$17.25 7,922,942 $12.15-$17.22 66,196,147