NetFlix 2004 Annual Report Download - page 26

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
Our common stock has traded on the NASDAQ National Market under the symbol “NFLX” since our initial
public offering on May 23, 2002. The following table sets forth the high and low sales prices per share of our
common stock for the periods indicated, as reported by the NASDAQ National Market.
2003 2004
High Low High Low
First quarter ....................................... $11.17 $ 5.34 $39.77 $26.90
Second quarter ..................................... 13.18 9.03 38.62 25.17
Third quarter ...................................... 20.12 11.28 36.07 13.85
Fourth quarter ..................................... 30.50 16.70 19.60 9.25
On January 16, 2004, our Board of Directors declared a two-for-one stock split in the form of a stock
dividend on our outstanding common stock. The additional shares of common stock were distributed on
February 11, 2004. All common share and per-share amounts have been retroactively restated throughout this
Annual Report on Form 10-K to reflect this stock split.
As of March 3, 2005, there were approximately 118 stockholders of record of our common stock, although
there is a significantly larger number of beneficial owners of our common stock.
We have not declared or paid any cash dividends, and we have no present intention of paying any cash
dividends in the foreseeable future.
10