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Table of Contents
PART II
Market Information
Our Class A common stock, par value $0.01 per share, trades on the New York Stock Exchange under the symbol VMW.
The following table sets forth the range of high and low sales prices of our Class A common stock on the New York Stock Exchange for the
past two years during the fiscal periods shown. Our Class B common stock is not publicly traded.
Holders
We had 51 holders of record of our Class A common stock, and one holder of record, EMC Corporation (“EMC”), of our Class B common
stock as of February 20, 2015.
Dividends
Subsequent to our initial public offering in August 2007, we have not declared or paid cash dividends on our common stock. We currently
do not anticipate declaring any cash dividends in the foreseeable future. Any future determination to declare cash dividends will be made at the
discretion of our board of directors, subject to the consent of the holders of our Class B common stock pursuant to our certificate of
incorporation. Holders of our Class A common stock and our Class B common stock will share equally on a per share basis in any dividend
declared on our common stock by our board of directors.
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
Issuer purchases of Class A common stock during the quarter ended December 31, 2014:
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Market Prices
High
Low
Year ended December 31, 2014
First Quarter
$
111.45
$
86.88
Second Quarter
112.89
88.64
Third Quarter
103.86
92.25
Fourth Quarter
95.00
75.85
Year ended December 31, 2013
First Quarter
$
99.10
$
70.05
Second Quarter
79.71
64.86
Third Quarter
90.60
65.02
Fourth Quarter
90.91
76.51
Total Number of
Shares Purchased (1)
Average Price Paid Per
Share
(1)(2)
Total Number of Shares
Purchased as Part of Publicly
Announced Plans or
Programs
(1)
Approximate Dollar
Value of Shares That May
Yet Be Purchased Under the
Publicly Announced Plans
or Programs
(1)(3)
October 1 – October 31, 2014
476,657
$
83.83
476,657
$
1,169,939,797
November 1 – November 30, 2014
2,305,766
84.64
2,305,766
974,772,451
December 1 – December 31, 2014
167,996
86.99
167,996
960,158,636
2,950,419
$
84.65
2,950,419
960,158,636
(1) In August 2014, VMware’s Board of Directors authorized the repurchase of up to an additional one billion dollars of VMware’s Class A
common stock through the end of 2016. VMware’s Class A common stock has been, and may in the future be, purchased pursuant to our
stock repurchase authorizations, from time to time, in the open market or through private transactions, subject to market conditions. We are
not obligated to purchase any shares under our stock repurchase program. Subject to applicable laws, repurchases under our stock
repurchase program may be made at such times and in such amounts as we deem appropriate. The timing of any repurchases and the actual
number of shares repurchased will