Virgin Media 2008 Annual Report Download - page 42

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
(a) Market Information
Our shares are traded on the NASDAQ Global Select Market under the symbol ‘‘VMED’’. The
following table sets forth the reported high and low price per share of our common stock on the
NASDAQ Global Select Market for the periods indicated.
Price per Share
High Low
2007
First Quarter ..................................................... $28.22 $24.14
Second Quarter ................................................... 26.65 22.83
Third Quarter .................................................... 29.39 21.94
Fourth Quarter ................................................... 24.80 17.00
2008
First Quarter ..................................................... 16.85 13.35
Second Quarter ................................................... 16.45 12.01
Third Quarter .................................................... 12.92 6.84
Fourth Quarter ................................................... 7.92 3.26
2009
First Quarter (through February 24, 2009) ................................ 5.11 3.80
Holders
As of February 24, 2009, our transfer agent informed us that there were 146 record holders of our
common stock, although there is a much larger number of beneficial owners.
Dividends
We commenced the payment of regular quarterly dividends in June 2006. During the years ended
December 31, 2007 and 2008, we paid the following dividends:
Per Share Total
Board Declaration Date Dividend Record Date Payment Date Amount
(in millions)
Year ended December 31, 2007:
February 27, 2007 ............. $0.02 March 12, 2007 March 20, 2007 £3.3
May 16, 2007 ................ 0.03 June 12, 2007 June 20, 2007 5.0
August 15, 2007 .............. 0.04 September 12, 2007 September 20, 2007 6.5
November 27, 2007 ............ 0.04 December 12, 2007 December 20, 2007 6.4
Year ended December 31, 2008:
February 6, 2008 .............. $0.04 March 12, 2008 March 20, 2008 £6.6
May 21, 2008 ................ 0.04 June 12, 2008 June 20, 2008 6.7
September 2, 2008 ............. 0.04 September 12, 2008 September 22, 2008 7.1
November 25, 2008 ............ 0.04 December 12, 2008 December 22, 2008 8.9
Future payments of regular quarterly dividends by us are at the discretion of the board of directors
and will be subject to our future needs and uses of cash, which could include investments in operations,
the repayment of debt, and share repurchase programs. In addition, the terms of our and our
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