Dish Network 2015 Annual Report Download - page 63

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53
PART II
Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Price of and Dividends on the Registrant’s Common Equity and Related Stockholder Matters
Market Information. Our Class A common stock is quoted on the Nasdaq Global Select Market under the symbol
“DISH.” The high and low closing sale prices of our Class A common stock during 2015 and 2014 on the Nasdaq
Global Select Market (as reported by Nasdaq) are set forth below.
2015 High Low
First Quarter $ 78.31 $ 68.46
Second Quarter 75.51 65.92
Third Quarter 69.25 56.36
Fourth Quarter 65.07 57.16
2014 High Low
First Quarter $ 62.42 $ 54.10
Second Quarter 65.64 56.23
Third Quarter 66.71 61.87
Fourth Quarter 79.41 57.96
As of February 12, 2016, there were approximately 7,806 holders of record of our Class A common stock, not including
stockholders who beneficially own Class A common stock held in nominee or street name. As of February 12, 2016,
204,644,588 of the 238,435,208 outstanding shares of our Class B common stock were beneficially held by Charles W.
Ergen, our Chairman and Chief Executive Officer, and the remaining 33,790,620 were held in trusts established by
Mr. Ergen for the benefit of his family. There is currently no trading market for our Class B common stock.
Dividends. While we currently do not intend to declare dividends on our common stock, we may elect to do so from
time to time. Payment of any future dividends will depend upon our earnings and capital requirements, restrictions in
our debt facilities, and other factors the Board of Directors considers appropriate. We currently intend to retain our
earnings, if any, to support future growth and expansion, although we may repurchase shares of our common stock from
time to time. See further information under “Item 7. Management’s Discussion and Analysis of Financial Condition and
Results of Operations — Liquidity and Capital Resources” in this Annual Report on Form 10-K.
Securities Authorized for Issuance Under Equity Compensation Plans. See “Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters” in this Annual Report on Form 10-K.