Rayovac 2010 Annual Report Download - page 48

The following table sets forth the reported high and low prices per share of the Old Common Stock as
reported on the NYSE Composite Transaction Tape and the Pink Sheet Electronic Quotation Service for the
fiscal periods indicated:
High Low
Fiscal 2009
Quarter ended September 30, 2009 (through August 27, 2009) ................ $0.05(1) $0.01(1)
Quarter ended June 28, 2009 ........................................... $0.30(1) $0.04(1)
Quarter ended March 29, 2009 ......................................... $0.17(1) $0.01(1)
Quarter ended December 28, 2008 ...................................... $1.86(2) $0.08(2)
(1) Represents market prices while Spectrum Brands operated during the Chapter 11 reorganization for periods
subsequent to February 2, 2009.
(2) High price reflects the high sales price on NYSE prior to Old Spectrum’s suspension from trading on
December 15, 2008. Low price reflects the OTC market low bid price during the balance of the quarter.
The OTC bid prices represent prices between dealers and do not include retail markup, markdown or
commission.
The historical prices for the Old Common Stock and the New Common Stock may not be indicative of the
anticipated or prospective value or future trading price of or trading market for the SBH Common Stock.
Spectrum Brands did not declare or pay any cash dividends on our Old Common Stock at any time since it
commenced public trading in 1997 through its delisting in connection with the Merger on June 16, 2010, and we did
not declare or pay cash dividends on the SBH Common Stock at any time since it commenced public trading on
June 16, 2010, and while we continue to evaluate the potential payment of dividends, we do not currently anticipate
paying cash dividends on the SBH Common Stock in the foreseeable future, but currently intend to retain any future
earnings for reinvestment in our business or use such future earnings to pay down our outstanding indebtedness. In
addition, the terms of our Senior Secured Facilities and the 2019 Indenture restrict our ability to pay dividends to
our stockholders. Any future determination to pay cash dividends will be at the discretion of our board of directors
and will be dependent upon our financial condition, results of operations, capital requirements, contractual
restrictions and such other factors as the board of directors deems relevant.
Information regarding our equity compensation plans is set forth in Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters-Equity Compensation Plan Information.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
We did not repurchase any of our own securities during the last quarter of the fiscal year ended
September 30, 2010, and we do not have any publicly announced repurchase plan. The following table reflects
open market purchases of our common stock made by the Harbinger Parties, who may be considered “affiliated
purchasers” (as defined in Rule 10b-18(a)(3) of the Securities Exchange Act of 1934, as amended).
Period
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans
or Programs
Maximum Number
of Shares that may
Yet Be Purchased
Under the Plans
or Programs
Quarter Ended September 30, 2010
July 5, 2010 – August 1, 2010 ..... 600,000 $27.01 600,000 —
August 2, 2010 – August 29,
2010 ....................... 300,200 $28.80 300,200 —
August 30, 2010 – September 30,
2010 ....................... 87,620 $25.09 87,620 —
Total ..................... 987,820 $27.38 987,820 —
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