United Healthcare 2012 Annual Report Download - page 37

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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 January 31,
2013, there were 15,204 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
Cash
Dividends
Declared
2013
First quarter (through February 6, 2013) ................................... $57.83 $51.36 $0.2125
2012
First quarter ......................................................... $59.43 $49.82 $0.1625
Second quarter ....................................................... $60.75 $53.78 $0.2125
Third quarter ........................................................ $59.31 $50.32 $0.2125
Fourth quarter ....................................................... $58.29 $51.09 $0.2125
2011
First quarter ......................................................... $45.75 $36.37 $0.1250
Second quarter ....................................................... $52.64 $43.30 $0.1625
Third quarter ........................................................ $53.50 $41.27 $0.1625
Fourth quarter ....................................................... $51.71 $41.32 $0.1625
DIVIDEND POLICY
In June 2012, our Board of Directors increased our cash dividend on common stock to an annual dividend rate of
$0.85 per share, paid quarterly. Since May 2011, we had paid an annual cash dividend on common stock of $0.65
per share, distributed quarterly. Declaration and payment of future quarterly dividends is at the discretion of the
Board and may be adjusted as business needs or market conditions change.
ISSUER PURCHASES OF EQUITY SECURITIES
Issuer Purchases of Equity Securities (a)
Fourth Quarter 2012
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
(in millions) (in millions) (in millions)
October 31, 2012 ....................... — $ — — 94
November 30, 2012 ..................... — — — 94
December 31, 2012 ..................... 9 54 9 85
Total ................................ 9 $ 54 9
(a) In November 1997, our Board of Directors adopted a share repurchase program, which the Board evaluates
periodically. In June 2012, the Board renewed and expanded our share repurchase program with an
authorization to repurchase up to 110 million shares of our common stock in open market purchases or other
types of transactions (including prepaid or structured repurchase programs). There is no established
expiration date for the program.
35