Dollar General 2011 Annual Report Download - page 124

10-K
with Zale, Ms. Lanigan held various positions, including Associate General Counsel. Prior to that, she
held legal positions with both Turner Broadcasting System, Inc. and the law firm of Troutman Sanders
LLP.
Mr. Ravener joined Dollar General as Senior Vice President and Chief People Officer in August
2008. He was promoted to Executive Vice President in March 2010. Prior to joining Dollar General, he
served in human resources executive roles with Starbucks Coffee Company from September 2005 until
August 2008 as the Senior Vice President of U.S. Partner Resources and, prior to that, as the Vice
President, Partner Resources—Eastern Division. As the Senior Vice President of U.S. Partner
Resources at Starbucks, Mr. Ravener oversaw all aspects of human resources activity for more than
10,000 stores. Prior to serving at Starbucks, Mr. Ravener held Vice President of Human Resources
roles for The Home Depot’s Store Support Center and a domestic field division from April 2003 to
September 2005. Mr. Ravener also served in executive roles in both human resources and operations at
Footstar, Inc. and roles of increasing leadership at PepsiCo.
Ms. Elliott joined Dollar General as Senior Vice President and Controller in August 2005. Prior to
joining Dollar General, she served as Vice President and Controller of Big Lots, Inc., a closeout
retailer, from May 2001 to August 2005. Overseeing a staff of 140 employees at Big Lots, she was
responsible for accounting operations, financial reporting and internal audit. Prior to serving at Big
Lots, she served as Vice President and Controller for Jitney-Jungle Stores of America, Inc., a grocery
retailer, from April 1998 to March 2001. At Jitney-Jungle, Ms. Elliott was responsible for the
accounting operations and the internal and external financial reporting functions. Prior to serving at
Jitney-Jungle, she practiced public accounting for 12 years, 6 of which were with Ernst & Young LLP.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Our common stock is traded on the New York Stock Exchange under the symbol ‘‘DG.’’ The high
and low sales prices during each quarter in fiscal 2011 and 2010 were as follows:
First Second Third Fourth
2011 Quarter Quarter Quarter Quarter
High ................................ $33.58 $35.09 $40.71 $43.07
Low................................. $26.65 $31.10 $29.84 $38.32
First Second Third Fourth
2010 Quarter Quarter Quarter Quarter
High ................................ $29.91 $31.41 $30.20 $33.73
Low................................. $21.30 $26.61 $26.64 $27.29
Our stock price at the close of the market on March 16, 2012, was $44.69. There were
approximately 1,171 shareholders of record of our common stock as of March 16, 2012.
Dividends
We have not declared or paid recurring dividends subsequent to our 2007 merger. We have no
current plans to pay any cash dividends on our common stock and instead may retain earnings, if any,
for future operation and expansion, repurchases of our common stock, or debt repayment. Any decision
to declare and pay dividends in the future will be made at the discretion of our Board of Directors and
will depend on, among other things, our results of operations, cash requirements, financial condition,
contractual restrictions and other factors that our Board of Directors may deem relevant. In addition,
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