Macy's 2013 Annual Report Download - page 16
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Table of Contents
The Common Stock is listed on the NYSE under the trading symbol “M.” As of February 1, 2014, the Company had approximately 19,000
stockholders of record. The following table sets forth for each fiscal quarter during 2013 and 2012 the high and low sales prices per share of Common Stock
as reported on the NYSE Composite Tape and the dividend declared with respect to each fiscal quarter on each share of Common Stock.
1st Quarter 38.52
46.45
0.2000
33.18
41.50
0.2000
2nd Quarter 45.72
50.77
0.2500
32.31
42.17
0.2000
3rd Quarter 42.18
49.72
0.2500
34.89
41.24
0.2000
4th Quarter 45.59
56.65
0.2500
36.30
41.98
0.2000
The declaration and payment of future dividends will be at the discretion of the Company’s Board of Directors, are subject to restrictions under the
Company’s credit facility and may be affected by various other factors, including the Company’s earnings, financial condition and legal or contractual
restrictions.
The following table provides information regarding the Company’s purchases of Common Stock during the fourth quarter of 2013.
November 3, 2013 – November 30, 2013 1,252
51.19
1,252
1,684
December 1, 2013 – January 4, 2014 3,272
52.37
3,272
1,513
January 5, 2014 – February 1, 2014 1,476
54.57
1,476
1,432
6,000
52.67
6,000
___________________
(1) Commencing in January 2000, the Company’s Board of Directors has from time to time approved authorizations to purchase, in the aggregate, up to
$13,500 million of Common Stock. All authorizations are cumulative and do not have an expiration date. As of February 1, 2014, $1,432 million of
authorization remained unused. The Company may continue, discontinue or resume purchases of Common Stock under these or possible future
authorizations in the open market, in privately negotiated transactions or otherwise at any time and from time to time without prior notice.
11