Classmates.com 2004 Annual Report Download - page 20

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PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
Our common stock has been quoted on the Nasdaq National Market ("NASDAQ") under the symbol "UNTD" since September 26, 2001.
Prior to that, NetZero common stock had been quoted on the NASDAQ under the symbol "NZRO" since September 23, 1999. The following
table sets forth, for the quarters indicated, the high and low prices per share of our common stock as reported on the NASDAQ. Prices have been
adjusted to reflect the 3-for-2 stock dividend that occurred on October 31, 2003:
On March 9, 2005, there were 896 holders of record of our common stock.
Dividends
We have never declared or paid any cash dividends on our capital stock.
Common Stock Repurchase Program
Our Board of Directors authorized a common stock repurchase program that allows us to repurchase shares of our common stock through
open market or privately negotiated transactions based on prevailing market conditions and other factors. From time to time, the Board of
Directors has increased the amount authorized for repurchase under this program. On April 22, 2004, the Board of Directors authorized us to
purchase up to an additional $100 million of our common stock through May 31, 2005 under the program, bringing the total amount authorized
under the program to $200 million. At December 31, 2004, we had repurchased $125 million of our common stock under the program.
18
High
Low
Year Ended June 30, 2003
Quarter ended September 30, 2002
$
9.19
$
4.75
Quarter ended December 31, 2002
11.69
6.01
Quarter ended March 31, 2003
12.77
8.47
Quarter ended June 30, 2003
18.57
11.41
Six Months Ended December 31, 2003
Quarter ended September 30, 2003
$
29.09
$
16.59
Quarter ended December 31, 2003
24.10
15.71
Year Ended December 31, 2004
Quarter ended March 31, 2004
$
20.97
$
14.93
Quarter ended June 30, 2004
20.75
15.76
Quarter ended September 30, 2004
17.47
8.59
Quarter ended December 31, 2004
12.00
9.10
Period from January 1, 2005 through March 9, 2005
$
11.85
$
9.75