Computer Associates 2010 Annual Report Download - page 30

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Part II
Item 5. Market for registrant’s common equity, related stockholder matters and issuer
purchases of equity securities.
Through April 27, 2008, our common stock was traded on the New York Stock Exchange under the symbol “CA.” On April 28,
2008, our common stock commenced trading on The NASDAQ Global Select Market tier of The NASDAQ Stock Market LLC
(“NASDAQ”) under the same symbol. The following table sets forth, for the fiscal quarters indicated, the quarterly high and
low closing sales prices on the NASDAQ and the New York Stock Exchange, as applicable:
HIGH LOW HIGH LOW
FISCAL 2010 FISCAL 2009
Fourth Quarter $ 23.80 $ 21.52 $ 18.90 $ 15.40
Third Quarter $ 23.91 $ 20.68 $ 20.12 $ 14.37
Second Quarter $ 22.99 $ 16.44 $ 24.63 $ 18.31
First Quarter $ 18.27 $ 16.75 $ 26.54 $ 21.67
On March 31, 2010, the closing price for our common stock on the NASDAQ was $23.47. As of March 31, 2010, we had
approximately 8,450 stockholders of record.
We have paid cash dividends each year since July 1990. For fiscal 2010, 2009 and 2008, we paid annual cash dividends of
$0.16 per share, which have been paid out in quarterly installments of $0.04 per share as and when declared by the Board of
Directors.
Purchases of equity securities by the issuer
The following table sets forth, for the months indicated, our purchases of common stock in the fourth quarter of fiscal 2010:
Issuer purchases of equity securities
PERIOD
(DOLLARS IN THOUSANDS, EXCEPT AVERAGE PRICE PAID PER SHARE)
TOTAL NUMBER
OF SHARES
PURCHASED
AVERAGE
PRICE PAID
PER SHARE
TOTAL NUMBER
OF SHARES
PURCHASED AS
PART OF PUBLICLY
ANNOUNCED PLANS
OR PROGRAMS
APPROXIMATE
DOLLAR VALUE OF
SHARES THAT
MAY YET BE
PURCHASED UNDER
THE PLANS
OR PROGRAMS
January 1, 2010 January 31, 2010 607,900 $ 23.01 607,900 $ 141,747
February 1, 2010 February 28, 2010 855,000 $ 22.00 855,000 $ 122,936
March 1, 2010 March 31, 2010 4,425,693 $ 23.37 4,425,693 $ 19,516
Total 5,888,593 5,888,593
On October 29, 2008, our Board of Directors approved a stock repurchase program that authorized us to acquire up to
$250 million of our common stock. We funded the program with available cash on hand and repurchased shares on the open
market from time to time based on market conditions and other factors.
During fiscal 2009, we paid approximately $4 million to repurchase approximately 0.3 million shares of our common stock at
an average price of $15.84 per share.
During fiscal 2010, we entered into brokerage arrangements with third-party financial institutions to purchase our common
stock in the open market on our behalf. We acquired approximately 10.0 million shares of our common stock for
approximately $227 million under these arrangements during fiscal 2010. As of March 31, 2010, we remained authorized to
purchase an aggregate amount of up to approximately $19 million of additional shares of our common stock under our 2008
stock repurchase program. The remaining authorized amount of approximately $19 million was repurchased during April 2010,
which completed the stock repurchase program authorized by our Board of Directors on October 29, 2008.
On May 12, 2010, our Board of Directors approved a stock repurchase program that authorized us to acquire up to
$500 million of our common stock. We will fund the program with available cash on hand and repurchase shares on the open
market from time to time based on market conditions and other factors.
19