TJ Maxx 2009 Annual Report Download - page 35

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Part II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED
SECURITY HOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Price Range of Common Stock
Our common stock is listed on the New York Stock Exchange (Symbol: TJX). The quarterly high and low sale prices
for the equity for fiscal 2010 and fiscal 2009 are as follows:
Quarter High Low High Low
Fiscal 2010 Fiscal 2009
First $29.17 $19.19 $34.93 $29.44
Second $37.00 $26.62 $36.44 $30.32
Third $40.64 $33.80 $37.52 $23.20
Fourth $39.75 $35.75 $28.01 $17.80
The approximate number of common shareholders at January 30, 2010 was 59,000.
We declared four quarterly dividends of $0.12 per share for fiscal 2010 and $0.11 per share for fiscal 2009. While
our dividend policy is subject to periodic review by our Board of Directors, we are currently planning to pay a $0.15 per
share quarterly dividend in fiscal 2011 and intend to continue to pay comparable dividends in the future.
Information on Share Repurchases
The number of shares of common stock repurchased by TJX during the fourth quarter of fiscal 2010 and the average
price paid per share are as follows:
Period
Total
Number of Shares
Repurchased
(1)
Average Price Paid
Per
Share
(2)
Total Number of Shares
Purchased as Part of a
Publicly Announced
Plan or Program
(3)
Maximum Number
(or Approximate
Dollar Value) of
Shares that May Yet
be Purchased Under
the Plans or
Programs
November 1, 2009 through November 28,
2009 2,891,700 $38.85 2,891,700 $1,091,951,792
November 29, 2009 through January 2,
2010 7,097,500 $37.22 7,097,500 $ 827,807,068
January 3, 2010 through January 30, 2010 873,300 $37.59 873,300 $ 794,975,793
Total: 10,862,500 10,862,500
(1) All shares were purchased as part of publicly announced plans.
(2) Average price paid per share includes commissions and is rounded to the nearest two decimal places.
(3) Our fourth quarter fiscal 2010 repurchases completed the $1 billion stock repurchase program approved by the Board of Directors and announced in February 2008
and included the repurchase of 5.5 million shares at a cost of $205 million under the $1 billion stock repurchase program approved by the Board of Directors and
announced in September 2009. As of January 30, 2010, $795 million remained available for purchase under the current $1 billion program. In February 2010, the
Board of Directors approved and announced an additional $1 billion stock repurchase program.
19