Earthlink 2005 Annual Report Download - page 29

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expect our future capital expenditures for processing and storage capacity to be largely variable to our needs.
Item 3.
Legal Proceedings.
We are a party to various legal proceedings that are ordinary and incidental to our business. Management does not expect that any
currently pending legal proceedings will have a material adverse effect on our results of operations or financial position.
Item 4.
Submission of Matters to a Vote of Security Holders.
During the quarter ended December 31, 2005, there were no matters submitted to a vote of security holders.
PART II
Item 5.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
EarthLink’s common stock is traded on the Nasdaq National Market under the symbol “ELNK.” The following table sets forth the high
and low sale prices for EarthLink’s common stock for the periods indicated, as reported by the Nasdaq National Market.
Price
The last reported sale price of EarthLink’s common stock on the Nasdaq National Market on February 28, 2006 was $9.92 per share.
Holders
There were approximately 1,923 holders of record of EarthLink’s common stock on February 28, 2006.
Dividends
We have never declared or paid cash dividends on our common stock. We intend to retain all future earnings to finance future growth,
including investing in growth opportunities such as HELIO, wireless and
28
EarthLink, Inc.
High
Low
YEAR ENDED DECEMBER 31, 2004
First Quarter
$
11.49
$
7.85
Second Quarter
11.05
8.59
Third Quarter
10.68
8.69
Fourth Quarter
11.99
9.98
YEAR ENDED DECEMBER 31, 2005
First Quarter
$
11.77
$
8.11
Second Quarter
10.72
8.32
Third Quarter
10.75
8.65
Fourth Quarter
12.06
10.07
YEAR ENDING DECEMBER 31, 2006
First Quarter (through February 28, 2006)
$
12.21
$
9.76