Lexmark 2010 Annual Report Download - page 29

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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 18, 2011, there were 2,690 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 21 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)
October 1-31, 2010 . . . . . . . . . . . . . — $— — $490.9
November 1-30, 2010 . . . . . . . . . . . — — — 490.9
December 1-31, 2010 . . . . . . . . . . . — — — 490.9
Total....................... — $— —
(1) In May 2008, the Company received authorization from the Board of Directors to repurchase an additional $0.75 billion of its
Class A Common Stock for a total repurchase authority of $4.65 billion. As of December 31, 2010, there was approximately
$0.5 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. There were no share repurchases for the three and twelve months ended December 31, 2010. As
of December 31, 2010, since the inception of the program in April 1996, the Company had repurchased approximately
91.6 million shares for an aggregate cost of approximately $4.2 billion.
23