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Part II
Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Lexmark’s Class A Common Stock is traded on the New York Stock Exchange under the symbol LXK. As of
February 21, 2008, there were 1,240 holders of record of the Class A Common Stock and there were no
holders of record of the Class B Common Stock. Information regarding the market prices of the Company’s
Class A Common Stock appears in Part II, Item 8, Note 18 of the Notes to Consolidated Financial
Statements.
Dividend Policy
The Company has never declared or paid any cash dividends on the Class A Common Stock and has no
current plans to pay cash dividends on the Class A Common Stock. The payment of any future cash
dividends will be determined by the Company’s board of directors in light of conditions then existing,
including the Company’s earnings, financial condition and capital requirements, restrictions in financing
agreements, business conditions, tax laws, certain corporate law requirements and various other factors.
Issuer Purchases of Equity Securities
Period
Total
Number of
Shares
Purchased
Average Price Paid
Per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs
Approximate Dollar
Value of Shares That
May Yet Be
Purchased Under the
Plans or Programs
(In Millions)
(1)
October 1-31, 2007 . . . . . . . . . . . . . — $— — $295.5
November 1-30, 2007 . . . . . . . . . . . — — — 295.5
December 1-31, 2007 . . . . . . . . . . . — — — 295.5
Total . . . . . . . . . . . . . . . . . . . . . . . — $— —
(1) In January 2006, the Company received authorization from the board of directors to repurchase an additional $1.0 billion of its
Class A Common Stock for a total repurchase authority of $3.9 billion. As of December 31, 2007, there was approximately
$0.3 billion of share repurchase authority remaining. This repurchase authority allows the Company, at management’s discretion,
to selectively repurchase its stock from time to time in the open market or in privately negotiated transactions depending upon
market price and other factors. During 2007, the Company repurchased approximately 2.7 million shares at a cost of
approximately $0.2 billion. As of December 31, 2007, since the inception of the program in April 1996, the Company had
repurchased approximately 74.1 million shares for an aggregate cost of approximately $3.6 billion. As of December 31, 2007, the
Company had reissued approximately 0.5 million shares of previously repurchased shares in connection with certain of its
employee benefit programs. As a result of these issuances as well as the retirement of 44.0 million and 16.0 million shares of
treasury stock in 2005 and 2006, respectively, the net treasury shares outstanding at December 31, 2007, were 13.6 million.
20