Express Scripts 2011 Annual Report Download - page 38

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Express Scripts 2011 Annual Report
36
PART II
Item 5 — Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
Market Price of and Dividends on the Registrant’s Common Equity and Related Stockholder Matters
Market Information. Our common stock is traded on the Nasdaq Global Select Market (―Nasdaq‖) under the symbol
―ESRX.‖ The high and low prices, as reported by the Nasdaq, are set forth below for the periods indicated. These prices
have been adjusted to reflect the two-for-one stock split effective June 8, 2010.
Fiscal Year 2011
Fiscal Year 2010
Common Stock
High
Low
High
Low
First Quarter
$ 58.77
$ 50.91
$ 51.62
$ 41.38
Second Quarter
60.89
52.27
54.00
37.75
Third Quarter
57.47
37.06
49.69
41.55
Fourth Quarter
48.39
34.47
55.68
47.23
Holders. As of December 31, 2011, there were 304 stockholders of record of our common stock. We estimate
there are approximately 282,691 beneficial owners of our common stock.
Dividends. The Board of Directors has not declared any cash dividends on our common stock since our initial
public offering. The Board of Directors does not currently intend to declare any cash dividends in the foreseeable future.
The terms of our existing credit facility contain certain restrictions on our ability to declare or pay cash dividends, as
discussed in ―Part II – Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations –
Liquidity and Capital Resources – Bank Credit Facility‖.
Recent Sales of Unregistered Securities
None.