Tecumseh Products 2014 Annual Report Download - page 17

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15
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
As of May 2, 2014, our Common Shares trade on The Nasdaq Stock Market LLC under the symbol TECU. Total shareholders
of record as of February 27, 2015 were approximately 114. Prior to May 2, 2014, we had two classes of stock: Class A and
Class B Common Stock. Both of these classes of stock traded on The Nasdaq Stock Market LLC under the symbols TECUA
and TECUB, respectively. See "Note 9, Stockholders' Equity" of the Notes to Consolidated Financial Statements (Part II,
Item 8 of this Form 10K), for additional information regarding the recapitalization that occurred in May 2014.
We do not currently expect to pay dividends. See “Note 8 – Debt” of Notes to Consolidated Financial Statements (Part II,
Item 8 of this Form 10-K) for a description of restrictions in our credit facility limiting our ability to pay dividends. As of the
date of this report, we have 1,800,000 common shares authorized for issuance under the 2014 Omnibus Incentive Plan. We did
not repurchase any of our equity securities during the fourth quarter of 2014.
Market Price and Dividend Information
Range of Common Stock Prices and Dividends for 2014
Sales Price
Cash
Dividends
Declared
Common Shares Class A Class B
Quarter Ended High Low High Low High Low
March 31 (a) N/A N/A $9.54 $6.73 $9.25 $6.62 $ —
June 30 (a)(b) 7.74 (a) 4.55 (a) 7.74 (b) 5.90 (b) 6.49 (b) 5.69 (b) —
September 30 5.45 3.97 N/A N/A N/A N/A —
December 31 4.11 2.39 N/A N/A N/A N/A —
(a) Common Shares started trading on May 2, 2014. See "Note 9, Stockholders' Equity" of the Notes to Consolidated Financial
Statements (Part II, Item 8 of this Form 10K), for additional information.
(b) Class A and Class B Common Stock ceased trading on May 1, 2014. See "Note 9, Stockholders' Equity" of the Notes to
Consolidated Financial Statements (Part II, Item 8 of this Form 10K), for additional information.
Range of Common Stock Prices and Dividends for 2013
Sales Price
Cash
Dividends
Declared
Class A Class B
Quarter Ended High Low High Low
March 31 $ 9.67 $ 4.75 $ 9.61 $ 4.78 $ —
June 30 11.08 8.18 11.06 7.70 —
September 30 12.10 8.95 12.23 8.69 —
December 31 9.10 7.01 9.08 6.75 —