Costco 2014 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 NASDAQ Global Select Market under the symbol “COST.” On
October 8, 2014, we had 8,315 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.
Price Ran
g
e Cash
Dividends
Declared Hi
g
hLow
2014:
Fourth Quarter ....................................................................................
.
$121.62 $ 113.87
$0.355
Third Quarter ......................................................................................
.
116.80 110.65
0.355
Second Quarter ..................................................................................
.
125.43 110.18
0.310
First Quarter ........................................................................................
.
125.21 111.50
0.310
2013:
Fourth Quarter ....................................................................................
.
120.07 107.56
0.310
Third Quarter ......................................................................................
.
109.99 99.45
0.310
Second Quarter ..................................................................................
.
105.95 96.26
7.275(1)
First Quarter ........................................................................................
.
102.75 94.47
0.275
_______________
(1) The amount shown includes a special cash dividend of $7.00 per share.
Payment of future dividends is subject to declaration by the Board of Directors. Factors considered in
determining 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
The following table sets forth information on our common stock repurchase program activity for the 16-
week fourth quarter of fiscal 2014 (dollars in millions, except per share data):
Period
Total
Number of
shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Pro
g
ram(1)
Maximum
Dollar Value of
Shares that
May Yet be
Purchased
Under the
Pro
g
ram
May 12, 2014—June 8, 2014 ............................... 424,000 $115.04 424,000
$2,822
June 9, 2014—July 6, 2014 .................................. 475,000 115.68 475,000
$2,767
July 7, 2014—August 3, 2014 .............................. 272,000 117.43 272,000
$2,735
August 4, 2014—August 31, 2014 ...................... 121,000 118.58 121,000
$2,721
Total fourth quarter ...........................................1,292,000
$
116.11 1,292,000
_______________
(1) Our stock repurchase program is conducted under a $4,000 authorization of our Board of Directors approved in April 2011,
which expires in April 2015.
Equity Compensation Plans
Information related to our Equity Compensation Plans is incorporated herein by reference to Costco’s
Proxy Statement filed with the Securities and Exchange Commission.
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