Plantronics 2003 Annual Report Download - page 30
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Corporate Information
CORPORATE HEADQUARTERS
345 Encinal Street
Santa Cruz, California 95060
USA
T (831) 426-5858
F (831) 426-6098
www.plantronics.com
REGISTRAR AND TRANSFER AGENT
Fleet National Bank
c/o EquiServe
P.O. Box 43010
Providence, Rhode Island 02940-3010
USA
T (781) 575-3170
www.equiserve.com
INDEPENDENT ACCOUNTANTS
PricewaterhouseCoopers LLP
San Jose, California USA
CORPORATE COUNSEL
Wilson Sonsini Goodrich & Rosati
Palo Alto, California USA
FORM 10-K
A copy of the Annual Report on Form 10-K
filed with the Securities and Exchange
Commission that contains additional
information about Plantronics may be
obtained without charge by writing to:
Investor Relations
Plantronics, Inc.
P.O. Box 1802
Santa Cruz, California 95061-1802
USA
Or visit the Plantronics website at
www.plantronics.com
MARKET FOR REGISTRANT’SCOMMON EQUITY
AND RELATED STOCKHOLDER MATTERS
Plantronics’ Common Stock, $.01 par value,
has traded on the New York Stock Exchange,
under the symbol “PLT,” since Plantronics’
initial public offering on January 19, 1994.
The initial offering price, on a split adjusted
basis, was $2.08 per share.
The following table sets forth the quarterly
high and low sales prices for the Common
Stock for our 2002 and 2003 fiscal years.
FY 2002 Low High
First Quarter $16.72 $25.09
Second Quarter $16.45 $23.36
Third Quarter $16.30 $26.04
Fourth Quarter $19.01 $27.35
FY 2003 Low High
First Quarter $17.55 $23.64
Second Quarter $15.95 $20.34
Third Quarter $13.36 $18.85
Fourth Quarter $12.78 $16.30
We paid no cash dividends during fiscal
2002 and 2003, and we have no current
intention to pay cash dividends. Our Credit
Agreement with a major bank restricts us
from paying cash dividends on shares of our
Common Stock to the extent that the
aggregate amount of all such dividends paid
or declared and Common Stock repurchased
in any four consecutive fiscal quarter periods
(including the quarter in which any such cash
dividends are declared or paid or any such
Common Stock is repurchased) exceeds 50%
of our cumulative consolidated net income
reported in the eight consecutive fiscal
quarter periods ending with the fiscal quarter
immediately preceding the date of declaration
of such dividend.
As of March 29, 2003, there were 112 holders
of record of Plantronics’ Common Stock.
Design: Michael Patrick Partners. www.mppinc.com