Virgin Media 2009 Annual Report Download - page 41

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
The principal market for trading in shares of our common stock is the NASDAQ Global Select
Market in the United States. Our common stock is also listed in the U.K. on the London Stock
Exchange. As of February 24, 2010, there were 93 record holders of our common stock. 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
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 ..................................................... 5.49 3.80
Second Quarter ................................................... 9.35 5.03
Third Quarter .................................................... 13.92 9.18
Fourth Quarter ................................................... 17.63 12.90
2010
First Quarter (through February 24, 2010) ................................ $17.46 $14.03
Dividends
During the years ended December 31, 2008 and 2009, we paid the following dividends:
Per Total
Board Declaration Date Share Record Date Payment Date Amount
(in millions)
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
Year ended December 31, 2009:
February 27, 2009 ............... $0.04 March 12, 2009 March 20, 2009 £9.0
May 29, 2009 .................. 0.04 June 12, 2009 June 22, 2009 8.0
August 27, 2009 ................ 0.04 September 11, 2009 September 21, 2009 8.1
November 24, 2009 .............. 0.04 December 11, 2009 December 21, 2009 8.2
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 stock repurchase programs. In addition, the terms of our and our
subsidiaries’ existing and future indebtedness and the laws of jurisdictions under which those
subsidiaries are organized limit the payment of dividends, loan repayments and other distributions to us
under many circumstances.
39