HollyFrontier 2015 Annual Report Download - page 42

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Table of Content
34
PART II
Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
Our common stock is traded on the New York Stock Exchange under the trading symbol “HFC.” The following table sets forth
the range of the daily high and low sales prices per share of common stock, dividends declared per share and the trading volume
of common stock for the periods indicated:
Years Ended December 31, High Low Dividends Trading Volume
2015
Fourth quarter $ 52.30 $ 39.00 $ 0.33 153,988,900
Third quarter $ 54.73 $ 42.68 $ 0.33 213,026,200
Second quarter $ 43.71 $ 35.89 $ 0.33 157,763,200
First quarter $ 45.05 $ 30.15 $ 0.32 210,069,400
2014
Fourth quarter $ 46.47 $ 35.31 $ 0.82 152,657,400
Third quarter $ 51.31 $ 42.76 $ 0.82 139,658,000
Second quarter $ 53.42 $ 43.61 $ 0.82 152,909,200
First quarter $ 50.74 $ 43.17 $ 0.80 174,540,200
In May 2015, our Board of Directors approved a $1 billion share repurchase program authorizing us to repurchase common stock
in the open market or through privately negotiated transactions based on market conditions, securities law limitations and other
relevant considerations. The following table includes repurchases made under this program during the fourth quarter of 2015.
Period Total Number of
Shares Purchased Average Price
Paid Per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans or
Programs
Maximum Dollar
Value of Shares
that May Yet Be
Purchased under the
Plans or Programs
October 2015 2,200,000 $ 48.82 2,200,000 $ 451,555,135
November 2015 1,700,000 $ 49.75 1,700,000 $ 366,981,645
December 2015 1,300,000 $ 45.22 1,300,000 $ 308,192,745
Total for October to December 2015 5,200,000 5,200,000
As of February 9, 2016, we had approximately 87,745 stockholders, including beneficial owners holding shares in street name.
We intend to consider the declaration of a dividend on a quarterly basis, although there is no assurance as to future dividends since
they are dependent upon future earnings, capital requirements, our financial condition and other factors.