Medtronic 2016 Annual Report Download - page 36

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Table of Contents
33
PART II
Item 5. Market for Medtronic’s Common Equity, Related Shareholder Matters, and Issuer Purchases of Equity Securities
The Company’s ordinary shares are listed on the New York Stock Exchange under the symbol “MDT.”
In January 2015, the Company's Board of Directors authorized, subject to the ongoing existence of sufficient distributable reserves,
the adoption of the existing Medtronic, Inc. share redemption program. As of April 29, 2016, the Company had used all of the 80
million shares authorized under the January 2015 share redemption program. In June 2015, the Company's Board of Directors
authorized, subject to the ongoing existence of sufficient distributable reserves, the redemption of an additional 80 million of the
Company's ordinary shares. As of April 29, 2016, the Company had used 8 million of the 80 million shares authorized under the
June 2015 share redemption program. As authorized by the Board of Directors, our share redemption program expires when the
total number of authorized shares have been redeemed.
The following table provides information about shares redeemed by the Company during the fourth quarter of fiscal year 2016:
Fiscal Period Total Number of
Shares Purchased Average Price
Paid per Share
Total Number of Shares
Purchased as a Part of
Publicly Announced
Program
Maximum Number
of Shares that May
Yet Be Purchased
Under the Program
1/30/2016-2/26/2016 2,700,350 $ 74.08 2,700,350 77,939,900
2/27/2016-4/1/2016 3,710,152 75.47 3,710,152 74,229,748
4/2/2016-4/29/2016 2,351,007 76.56 2,351,007 71,878,741
Total 8,761,509 $ 75.34 8,761,509 71,878,741
On June 20, 2016, there were approximately 40,100 shareholders of record of the Company’s ordinary shares. Ordinary cash
dividends declared and paid totaled 38.0 cents per share for each quarter of fiscal year 2016 and 30.5 cents per share for each
quarter of fiscal year 2015. The following prices are the high and low market sales quotations per share of the Company’s ordinary
shares for the quarters indicated:
Fiscal 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
2016 High $ 79.08 $ 78.91 $ 78.92 $ 80.74
2016 Low 72.20 55.54 72.28 71.03
2015 High 65.50 67.11 77.39 79.50
2015 Low 57.81 59.83 65.51 70.91