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Nordstrom, Inc. and subsidiaries 11
PART II
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of
Equity Securities.
Our Common Stock, without par value, is traded on the New York Stock Exchange under the symbol “JWN.” The approximate number of holders
of Common Stock as of March 10, 2006 was 133,876, based upon the number of registered and beneficial shareholders, as well as the number of
employee shareholders in the Nordstrom 401(k) Plan and Profit Sharing.
On May 24, 2005, our Board of Directors approved a two-for-one stock split of our outstanding common stock and a proportional increase in the
number of common shares authorized from 500 million to 1 billion. Additional shares issued as a result of the stock split were distributed on June
30, 2005 to shareholders of record as of June 13, 2005. Reference to our shares and per share information have been adjusted to reflect this
stock split.
The high and low sales prices of our common stock and dividends declared for each quarter of 2005 and 2004 are presented in the table below:
Common Stock Price
2005 2004 Dividends per Share
High Low High Low 2005 2004
1st Quarter $28.14 $23.91 $20.63 $17.57 $0.065 $0.055
2nd Quarter $37.46 $25.22 $23.15 $17.43 $0.085 $0.055
3rd Quarter $37.96 $30.41 $22.12 $18.03 $0.085 $0.065
4th Quarter $42.74 $33.58 $24.49 $21.34 $0.085 $0.065
Full Year $42.74 $23.91 $24.49 $17.43 $0.32 $0.24
REPURCHASES
(Dollars in millions except per share amounts)
A summary of our fourth quarter share repurchases are as follows:
Period
Total Number of
Shares (or Units)
Purchased
Average
Price Paid
Per Share
(or Unit)
Total Number of Shares
(or Units) Purchased as
Part of Publicly Announced
Plans or Programs
Maximum Number (or Approximate Dollar
Value) of Shares (or Units) that May Yet Be
Purchased Under the Plans or Programs (1)
Nov. 2005 (10/30/05 to 11/26/05) 100,000 $37.79 100,000 $249.9
Dec. 2005 (11/27/05 to 12/31/05) 925,000 $36.97 925,000 $215.7
Jan. 2006 (1/1/06 to 1/28/06) 75,000 $37.40 75,000 $212.9
Total 1,100,000 $37.07 1,100,000
(1) In February 2005, the Board of Directors authorized $500.0 of share repurchases. The actual number and timing of share repurchases will be subject to market conditions and
applicable SEC rules. In 2005, we purchased 8,493,887 shares for $287.1 at an average price of $33.80 per share.