Vistaprint 2012 Annual Report Download - page 36

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32
Item 3. Legal Proceedings
The information required by this item is incorporated by reference to the information set forth in Item 8 of
Part II, “Financial Statements and Supplementary Data — Note 13 — Commitments and Contingencies,” in the
accompanying notes to the consolidated financial statements included in this Annual Report.
Item 4. Mine Safety Disclosures
None.
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
The ordinary shares of Vistaprint N.V. are traded on the NASDAQ Global Select Market (the "NASDAQ")
under the symbol “VPRT.” As of July 31, 2012, there were approximately 17 holders of record of our ordinary
shares, although there are a much larger number of beneficial owners. The following table sets forth, for the periods
indicated, the high and low sale price per share of our ordinary shares on the NASDAQ:
High Low
Fiscal 2011:
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 52.49 $ 27.75
Second Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 46.80 $36.00
Third Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 54.56 $ 44.53
Fourth Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 56.25 $ 45.18
Fiscal 2012:
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 49.46 $ 26.00
Second Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 35.92 $25.23
Third Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 41.10 $ 28.95
Fourth Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 42.77 $ 30.12
Dividends
We have never paid or declared any cash dividends on our ordinary shares, and we do not anticipate
paying any cash dividends in the foreseeable future. We currently intend to retain all future earnings to finance the
growth and operations of our business, purchase our ordinary shares, or pay down our long-term debt. Under Dutch
law, we may only pay dividends out of profits as shown in our adopted annual accounts prepared in accordance
with Dutch generally accepted accounting principles. We will only be able to declare and pay dividends to the extent
our equity exceeds the sum of the paid and called up portion of our ordinary share capital and the reserves that
must be maintained in accordance with provisions of Dutch law and our articles of association.