Clearwire 2007 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2007 Clearwire annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 128

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

PART II
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of
Equity Securities
Market Prices of Common Stock
Our common stock is traded on the Nasdaq Global Market under the symbol “CLWR.” The following table sets
forth the high and low sales prices of our common stock as reported on the Nasdaq Global Market:
High Low
Fiscal Year 2007
Quarter Ended March 31, 2007 (beginning on March 8, 2007) ............... $24.62 $20.02
Quarter Ended June 30, 2007 ....................................... $25.01 $16.44
Quarter Ended September 31, 2007 ................................... $33.30 $20.65
Quarter Ended December 31, 2007 ................................... $23.89 $12.17
The last reported sales price of our common stock on the Nasdaq Global Market on March 3, 2008 was $14.50.
As of March 3, 2008 there were 253 holders of record of our common stock. As many of our shares of common
stock are held by brokers and other institutions on behalf of shareholders, we are unable to estimate the total number
of beneficial holders of our common stock represented by these record holders.
Dividend Policy
Our policy has been to retain cash to fund future growth. Accordingly, we have not paid dividends and do not
anticipate declaring dividends on our common stock in the foreseeable future. The covenants in our senior term loan
facility limit our ability to declare dividends.
Unregistered Securities Sold in 2007
All information regarding the sale of any unregistered securities in 2007 has been previously disclosed in the
Company’s Form 10-Q Filings.
35