Dollar General 2015 Annual Report Download - page 94

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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 2015 and 2014 were as follows:
First Second Third Fourth
2015 Quarter Quarter Quarter Quarter
High ................................ $76.99 $81.42 $81.15 $75.14
Low................................. $65.86 $71.44 $64.66 $59.75
First Second Third Fourth
2014 Quarter Quarter Quarter Quarter
High ................................ $61.18 $65.99 $65.10 $71.78
Low................................. $54.43 $53.00 $55.48 $62.50
On March 15, 2016, our stock price at the close of the market was $85.04 and there were
approximately 1,874 shareholders of record of our common stock.
Dividends
On March 8, 2016, our Board of Directors declared a quarterly cash dividend of $0.25 per share,
to be paid on April 12, 2016 to shareholders of record of our common stock on March 29, 2016. We
paid quarterly cash dividends of $0.22 per share in 2015. Prior to March 2015, we had not declared or
paid recurring dividends since March 2007. While the Board intends to continue regular quarterly cash
dividends, the declaration and payment of future cash dividends are subject to the Board’s discretion
based on an evaluation of our earnings performance, financial condition, capital needs and other
relevant factors.
Issuer Purchases of Equity Securities
The following table contains information regarding purchases of our common stock made during
the quarter ended January 29, 2016 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 Number Approximate
of Shares Dollar Value
Purchased of Shares that May
Total Number of Average as Part of Publicly Yet Be Purchased
Shares Price Paid Announced Plans or Under the Plans
Period Purchased per Share Programs(a) or Programs(a)
10/31/15 - 11/30/15 ............... — $ — — $214,007,000
12/01/15 - 12/31/15 ............... 4,128,913 $70.29 4,128,913 $923,803,000
01/01/16 - 01/29/16 ............... — $ — — $923,803,000
Total ......................... 4,128,913 $70.29 4,128,913 $923,803,000
(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), December 5, 2013 ($1.0 billion increase), March 12, 2015 ($1.0 billion
increase) and December 3, 2015 ($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.
20