World Fuel Services 2005 Annual Report Download - page 28

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Our common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol INT. As of
March 10, 2006, there were 229 shareholders of record of our common stock, and the closing price of our stock
on the NYSE was $31.23. The following table sets forth, for each quarter in 2004 and 2005, the high and low
closing sales prices of our common stock as reported by the NYSE.
Price
High Low
Year ended December 31, 2004
First quarter ............................................ $18.37 $16.34
Second quarter .......................................... 22.66 19.00
Third quarter ........................................... 22.60 16.95
Fourth quarter .......................................... 24.90 16.90
Year ended December 31, 2005
First quarter ............................................ $31.50 $23.46
Second quarter .......................................... 32.82 23.25
Third quarter ........................................... 35.63 22.68
Fourth quarter .......................................... 37.05 29.16
Stock Splits
On January 20, 2005, we announced a two-for-one split of our common stock. The additional shares issued
pursuant to the stock split were distributed on February 15, 2005 to stockholders of record as of February 1,
2005. All references in this Form 10-K to number of shares and per share amounts reflect the stock split.
Issuance of Common Stock
In September 2005, we completed a public offering of 4.1 million shares of our common stock at a price of
$31.00 per share. We received net proceeds of $120.3 million from the offering, after deducting $6.4 million in
commissions paid to the underwriters and $0.8 million in other expenses incurred in connection with the offering.
Dividends
The following table sets forth the amount, the declaration date, record date, and payment date for each
quarterly dividend declared in 2004 and 2005.
Per Share
Amount Declaration Date Record Date Payment Date
Year ended December 31, 2004
First quarter ................ $0.0375 March 1, 2004 March 19, 2004 April 5, 2004
Second quarter .............. 0.0375 June 1, 2004 June 18, 2004 July 6, 2004
Third quarter ............... 0.0375 September 1, 2004 September 17, 2004 October 4, 2004
Fourth quarter .............. 0.0375 December 1, 2004 December 17, 2004 January 4, 2005
Year ended December 31, 2005
First quarter ................ $0.0375 March 4, 2005 March 18, 2005 April 6, 2005
Second quarter .............. 0.0375 June 3, 2005 June 17, 2005 July 6, 2005
Third quarter ............... 0.0375 September 2, 2005 September 16, 2005 October 5, 2005
Fourth quarter .............. 0.0375 December 2, 2005 December 16, 2005 January 4, 2006
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