Dollar General 2012 Annual Report Download - page 102

10-K
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 2012 and 2011 were as follows:
First Second Third Fourth
2012 Quarter Quarter Quarter Quarter
High ................................ $48.76 $56.04 $53.36 $50.80
Low................................. $41.20 $45.37 $45.58 $39.73
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
Our stock price at the close of the market on March 15, 2013, was $48.18. There were
approximately 1,511 shareholders of record of our common stock as of March 15, 2013.
Dividends
We have not declared or paid recurring dividends subsequent to a merger transaction in 2007. 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, our ability to pay dividends is limited by covenants in our Credit Facilities. See
‘‘Liquidity and Capital Resources’’ in the Management’s Discussion and Analysis of Financial Condition
and Results of Operations section of this report for a description of restrictions on our ability to pay
dividends.
Issuer Purchases of Equity Securities
The following table contains information regarding purchases of our common stock made during
the quarter ended February 1, 2013 by or on behalf of Dollar General or any ‘‘affiliated purchaser,’’ as
defined by Rule 10b-18(a)(3) of the Securities Exchange Act of 1934:
Total Approximate
Number of Shares Dollar Value of
Total Purchased as Shares that May
Number of Average Part of Publicly Yet Be Purchased
Shares Price Paid Announced Plans or Under the Plans
Period Purchased per Share Programs(a) or Programs(a)
11/03/12 - 11/30/12 ................... — $ — — $218,565,000
12/01/12 - 12/31/12 ................... 1,719,510 $43.62 1,719,510 $143,565,000
01/01/13 - 02/01/13 ................... — $ — — $143,565,000
Total ............................. 1,719,510 $43.62 1,719,510 $143,565,000
(a) On August 29, 2012, our Board of Directors approved a share repurchase program of up to
$500 million of outstanding shares of our common stock. Purchases may be made under the
authorizations in the open market or in privately negotiated transactions from time to time subject
to market conditions. The repurchase program has no expiration date.
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