Dillard's 2010 Annual Report Download - page 15

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Market and Dividend Information for Common Stock
The Company’s Class A Common Stock trades on the New York Stock Exchange under the Ticker
Symbol ‘‘DDS’’. No public market currently exists for the Class B Common Stock.
The high and low sales prices of the Company’s Class A Common Stock, and dividends declared
on each class of common stock, for each quarter of fiscal 2010 and 2009 are presented in the table
below:
Dividends
2010 2009 per Share
High Low High Low 2010 2009
First ..................... $31.22 $14.94 $ 8.00 $ 2.96 $0.04 $0.04
Second ................... 29.88 19.91 11.50 7.10 0.04 0.04
Third ..................... 27.80 19.26 15.72 9.87 0.04 0.04
Fourth .................... 44.50 25.31 20.17 12.57 0.04 0.04
While the Company expects to continue paying quarterly cash dividends during fiscal 2011, all
subsequent dividends will be reviewed quarterly and declared by the Board of Directors.
Stockholders
As of February 26, 2011, there were 3,420 holders of record of the Company’s Class A Common
Stock and 8 holders of record of the Company’s Class B Common Stock.
Repurchase of Common Stock
Issuer Purchases of Equity Securities
(d) Approximate
(c)Total Number of Dollar Value of
(a) Total Shares Purchased Shares that May
Number of as Part of Publicly Yet Be Purchased
Shares (b) Average Price Announced Plans Under the Plans or
Period Purchased Paid per Share or Programs Programs
October 31, 2010 through
November 27, 2010 ............. 1,827,750 $29.07 1,827,750 $125,537,042
November 28, 2010 through January 1,
2011 ....................... 1,261,000 38.21 1,261,000 77,351,674
January 2, 2011 through January 29,
2011 ....................... 1,493,650 39.29 1,493,650 18,669,699
Total ......................... 4,582,400 $34.92 4,582,400 $ 18,669,699
In August 2010, the Company’s Board of Directors authorized the Company to repurchase up to
$250 million of the Company’s Class A Common Stock. This authorization permits the Company to
repurchase its Class A Common Stock in the open market, pursuant to preset trading plans meeting
the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 or through privately
negotiated transactions. The plan has no expiration date, and remaining availability pursuant to the
Company’s share repurchase program was $18.7 million as of January 29, 2011.
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