United Healthcare 2009 Annual Report Download - page 28

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
MARKET PRICES
Our common stock is traded on the New York Stock Exchange (NYSE) under the symbol UNH. On February 3,
2010, there were 18,145 registered holders of record of our common stock. The per share high and low common
stock sales prices reported by the NYSE were as follows:
High Low
2010
First quarter (through February 3, 2010) ............................................ $36.07 $30.97
2009
First quarter .................................................................. $30.25 $16.18
Second quarter ................................................................ $29.69 $19.85
Third quarter ................................................................. $30.00 $23.69
Fourth quarter ................................................................ $33.25 $23.50
2008
First quarter .................................................................. $57.86 $33.57
Second quarter ................................................................ $38.33 $25.50
Third quarter ................................................................. $33.49 $21.00
Fourth quarter ................................................................ $27.31 $14.51
DIVIDEND POLICY
Our Board of Directors established our dividend policy in August 1990. Pursuant to our dividend policy, our
Board of Directors reviews our consolidated financial statements following the end of each fiscal year and
decides whether to declare a dividend on the outstanding shares of common stock. On February 9, 2010, our
Board of Directors approved an annual dividend of $0.03 per share, which will be paid on April 20, 2010 to
shareholders of record on April 6, 2010. Shareholders of record on April 2, 2009 received an annual dividend for
2009 of $0.03 per share and shareholders of record on April 2, 2008 received an annual dividend for 2008 of
$0.03 per share.
ISSUER PURCHASES OF EQUITY SECURITIES
Issuer Purchases of Equity Securities (a)
Fourth Quarter 2009
For the Month Ended
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(a)
October 31, 2009 ....................... 880,797(b) $25.04 878,313 35,583,125
November 30, 2009 ..................... 709,550 $28.18 709,550 34,873,575
December 31, 2009 ..................... 6,274,229(c) $30.76 6,216,220 28,657,355
TOTAL .......................... 7,864,576 $29.88 7,804,083
(a) In November 1997, our Board of Directors adopted a share repurchase program, which the Board evaluates
periodically. In February 2010, the Board renewed and increased our share repurchase program, and
authorized us to repurchase up to 120 million shares of our common stock at prevailing market prices. There
is no established expiration date for the program. The maximum number of shares that may be purchased
under the plans or programs as of December 31, 2009 does not reflect this increase.
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