Dollar General 2013 Annual Report Download - page 102

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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 2013 and 2012 were as follows:
First Second Third Fourth
2013 Quarter Quarter Quarter Quarter
High ................................ $53.00 $55.82 $59.87 $62.93
Low................................. $43.35 $48.61 $52.40 $55.08
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
On March 13, 2014, our stock price at the close of the market was $57.66 and there were
approximately 1,760 shareholders of record of our common stock.
Dividends
We have not declared or paid recurring dividends subsequent to a merger transaction in 2007. 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.
Issuer Purchases of Equity Securities
The following table contains information regarding purchases of our common stock made during
the quarter ended January 31, 2014 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:
Approximate
Total Number Dollar Value
of Shares Purchased of Shares that May
Total Number Average as Part of Publicly Yet Be Purchased
of Shares Price Paid Announced Plans or Under the Plans
Period Purchased per Share Programs(a) or Programs(a)
11/02/13 - 11/30/13 . . . $ $ 223,591,000
12/01/13 - 12/31/13 . . . 3,280,900 $60.98 3,280,900 $1,023,513,000
01/01/14 - 01/31/14 . . . $ $1,023,513,000
Total ............. 3,280,900 $60.98 3,280,900 $1,023,513,000
(a) A $500 million share repurchase program was publicly announced on September 5, 2012,
and increases in the authorization under such program were announced on March 25,
2013 ($500 million increase) and December 5, 2013 ($1.0 billion increase). Under the
authorization, purchases may be made in the open market or in privately negotiated
transactions from time to time subject to market and other conditions. This repurchase
authorization has no expiration date.
25
10-K