Costco 2010 Annual Report Download - page 24

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MARKET FOR COSTCO COMMON STOCK
Market Information and Dividend Policy
Our common stock is traded on the National Market tier of NASDAQ under the symbol “COST.” On
October 1, 2010, we had 8,286 stockholders of record.
The following table shows the quarterly high and low closing sale prices as reported by NASDAQ for
each quarter during the last two fiscal years and the quarterly cash dividend declared per share of our
common stock during the periods indicated.
Price Range Cash
Dividends
DeclaredHigh Low
2010:
Fourth Quarter ........................................... $59.16 $53.61 $0.205
Third Quarter ............................................. 61.74 57.31 0.205
Second Quarter ........................................... 60.89 57.07 0.180
First Quarter ............................................. 61.12 50.65 0.180
2009:
Fourth Quarter ........................................... 51.77 44.54 0.180
Third Quarter ............................................. 48.91 38.44 0.180
Second Quarter ........................................... 55.58 42.76 0.160
First Quarter ............................................. 70.37 44.99 0.160
Payment of future dividends is subject to declaration by the Board of Directors. Factors considered in
determining the size of the dividends are our profitability and expected capital needs. Subject to these
qualifications, we presently expect to continue to pay dividends on a quarterly basis.
Issuer Purchases of Equity Securities (dollars in millions, except per share data)
The following table sets forth information on our common stock repurchase program activity for the
16-week fourth quarter of fiscal 2010:
Period(1)
Total
Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Programs(2)
Maximum Dollar
Value of Shares
that May Yet be
Purchased Under
the Programs(2)
May 10, 2010 – June 6, 2010 ............. 1,800,000 $57.57 1,800,000 $1,769
June 7, 2010 – July 4, 2010 .............. 2,025,000 56.82 2,025,000 $1,654
July 5, 2010 – August 1, 2010 ............ 1,717,700 55.64 1,717,700 $1,559
August 2, 2010 – August 29, 2010 ......... 2,225,000 55.97 2,225,000 $1,434
Total fourth quarter .................. 7,767,700 $56.49 7,767,700
(1) Monthly information is presented by reference to our fiscal periods during the fourth quarter of
fiscal 2010.
(2) Our stock repurchase program is conducted under authorizations made by our Board of Directors:
$1,000 was authorized in November 2007, which expires in November 2010; and $1,000 was
authorized in July 2008, which expires in July 2011.
Equity Compensation Plans
Information related to our equity compensation plans is incorporated herein by reference to the Proxy
Statement. The Proxy Statement was filed with the SEC within 120 days of the end of our fiscal year.
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