CarMax 2009 Annual Report Download - page 22

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16
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and
Issuer Purchases of Equity Securities.
Our common stock is listed and traded on the New York Stock Exchange under the ticker symbol KMX.
As of February 28, 2009, there were approximately 7,000 CarMax shareholders of record.
The following table sets forth for the fiscal periods indicated, the high and low sales prices per share for our
common stock, as reported on the New York Stock Exchange composite tape and adjusted for the effect of the
2-for-1 stock split in March 2007.
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Fiscal 2009
High ................................................... $21.99 $19.95 $20.70 $10.38
Low .................................................... $17.30 $10.53 $ 5.76 $ 6.59
Fiscal 2008
High ................................................... $27.75 $27.42 $25.38 $23.47
Low .................................................... $22.63 $20.33 $18.67 $15.81
To date, we have not paid a cash dividend on CarMax common stock. In the near term, we believe it is prudent to
retain our net earnings for use in operations and to maintain maximum financial flexibility and liquidity for our
business. Longer term, we intend to continue to retain our net earnings for use in operations and, when we resume
our store growth plan, for geographic expansion. Therefore, we do not anticipate paying any cash dividends in the
foreseeable future.
During the fourth quarter of fiscal 2009, we sold no CarMax equity securities that were not registered under the
Securities Act of 1933, as amended. In addition, we did not repurchase any CarMax equity securities during this
period.
Performance Graph
The following graph compares the five-year cumulative total return among CarMax common stock, the S&P 500
Index and the S&P 500 Retailing Index. The graph assumes an original investment of $100 in our common stock
and in each index on February 28, 2004, and the reinvestment of dividends, if applicable.