US Airways 2005 Annual Report Download - page 42

Table of Contents
PART II
Item 5. Market for US Airways Group's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Stock Exchange Listing
Beginning on September 27, 2005, the effective date of the merger, our common stock began trading on the NYSE under the symbol "LCC." As of
March 1, 2006, the closing price of our common stock on the NYSE was $32.80. As of March 1, 2006, there were 2,930 holders of record of the common
stock.
Prior to the 2004 Bankruptcy, pre-merger US Airways Group's then outstanding Class A common stock was traded on the NASDAQ National Market
under the symbol "UAIR," beginning on October 21, 2003. Prior to listing on the NASDAQ National Market, the Class A Common Stock had limited trading
activity on the Over-the-Counter Bulletin Board and in the Pink Sheets, which provide trading for the over-the-counter securities markets.
On September 13, 2004, US Airways Group received written notice from the NASDAQ Stock Market that its Class A common stock would be delisted in
accordance with Marketplace Rules 4300 and 4450(f), effective with the opening of business on September 22, 2004. NASDAQ indicated in its letter that the
delisting determination followed its review of US Airways Group's press release announcing that it had filed for bankruptcy protection. As a result of this
notification, a fifth character "Q" was added to the trading symbol, changing it from "UAIR" to "UAIRQ" at the opening of business on September 15, 2004.
Shares were traded on the NASDAQ over-the-counter market under the symbol as changed above until the Class A common stock was cancelled upon the
effectiveness of the plan of reorganization on September 27, 2005.
Market Prices of Common Stock
The following table sets forth, for the periods indicated, the high and low sale prices of our common stock on the NYSE and the previously outstanding
Class A common stock on the NASDAQ National Market and over-the-counter market:
Year Ended
December 31 Period High Low
2005 Fourth Quarter $ 38.80 $ 20.85
Third Quarter (from September 27, 2005 to September 30, 2005) 21.40 19.29
Third Quarter (from July 1, 2005 to September 26, 2005)(1) 0.77 0.15
Second Quarter 1.49 0.62
First Quarter 1.31 0.69
2004 Fourth Quarter $ 2.00 $ 0.76
Third Quarter 3.16 0.58
Second Quarter 4.55 1.44
First Quarter 6.77 4.11
(1) As described above, the Class A common stock of pre-merger US Airways Group was cancelled upon the effectiveness of the plan of reorganization on
September 27, 2005.
US Airways Group, organized under the laws of the State of Delaware, is subject to Sections 160 and 170 of the Delaware General Corporation Law,
which govern the payment of dividends on or the repurchase or redemption of its capital stock. US Airways Group is restricted from engaging in any of these
activities unless it maintains a capital surplus.
Pre-merger US Airways Group has not declared or paid cash or other dividends on its common stock since 1990 and America West Holdings has never
declared or paid in cash or other dividends on its 36