HP 2013 Annual Report Download - page 45

PART II
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities.
Information regarding the market prices of HP common stock and the markets for that stock may
be found in the ‘‘Quarterly Summary’’ in Item 8 and on the cover page of this Annual Report on
Form 10-K, respectively, which are incorporated herein by reference. We have declared and paid cash
dividends each fiscal year since 1965. Dividends declared and paid per share by fiscal quarter in 2013
and 2012 were as follows:
2013 2012
Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
Dividends declared ................ — $0.29 — $0.26 — $0.26 — $0.24
Dividends paid ................... $0.15 $0.15 $0.13 $0.13 $0.13 $0.13 $0.12 $0.12
As of November 30, 2013, there were approximately 100,804 stockholders of record. Additional
information concerning dividends may be found in ‘‘Selected Financial Data’’ in Item 6 and Note 14 to
the Consolidated Financial Statements in Item 8, which are incorporated herein by reference.
Recent Sales of Unregistered Securities
There were no unregistered sales of equity securities in fiscal 2013.
Issuer Purchases of Equity Securities
Total Number of
Shares Purchased Approximate
as Part of Publicly Dollar Value of Shares
Total Number Average Announced that May Yet Be
of Shares Price Paid Plans or Purchased under the
Period Purchased per Share Programs Plans or Programs
In thousands, except per share amounts
Month #1
(August 2013) .................. 3,919 $22.33 3,919 $8,036,016
Month #2
(September 2013) ............... 10,203 $22.11 10,203 $7,810,407
Month #3
(October 2013) ................. 7,410 $22.34 7,410 $7,644,850
Total .......................... 21,532 $22.23 21,532
HP repurchases shares under an ongoing program when sufficient liquidity exists, the shares are
trading at a discount relative to estimated intrinsic value, and there is no alternative investment
opportunity expected to generate a higher risk-adjusted return on investment. This program, which does
not have a specific expiration date, authorizes repurchases in the open market or in private
transactions. All share repurchases settled in the fourth quarter of fiscal 2013 were open market
transactions. As of October 31, 2013, HP had remaining authorization of $7.6 billion for future share
repurchases under the $10.0 billion repurchase authorization approved by HP’s Board of Directors on
July 21, 2011.
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