AMD 2010 Annual Report Download - page 44

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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 (symbol “AMD”) is listed on the New York Stock Exchange. On February 14, 2011,
there were 7,389 registered holders of our common stock. The following table sets forth on a per share basis the
high and low intra-day sales prices on the New York Stock Exchange for our common stock for the periods
indicated:
High Low
Year ended December 25, 2010
First quarter ................................................................ $ 10.04 $ 7.10
Second quarter .............................................................. $ 10.24 $ 7.30
Third quarter ............................................................... $ 8.25 $ 5.53
Fourth quarter .............................................................. $ 8.43 $ 6.77
High Low
Year ended December 26, 2009
First quarter ................................................................ $ 3.78 $ 1.86
Second quarter .............................................................. $ 4.90 $ 3.04
Third quarter ............................................................... $ 6.30 $ 3.22
Fourth quarter .............................................................. $ 9.95 $ 4.33
Currently, we do not have any plans to pay dividends on our common stock. Under the terms of our
Indenture for the 8.125% Senior Notes due 2017 dated November 30, 2009 with Wells Fargo Bank, N.A., as
Trustee and our Indenture for the 7.75% Senior Notes due 2020 dated August 4, 2010 with Wells Fargo Bank,
N.A., as Trustee, we are prohibited from paying cash dividends if the aggregate amount of dividends and other
restricted payments made by us since entering into each Indenture would exceed the sum of specified financial
measures including fifty percent of consolidated net income as that term is defined in the Indentures.
The information under the caption “Equity Compensation Plan Information” in our 2011 Proxy Statement is
incorporated herein by reference.
We have an ongoing authorization from the Board of Directors to repurchase up to $300 million worth of
our common stock over a period of time to be determined by management. These repurchases may be made in
the open market or in privately negotiated transactions from time to time in compliance with applicable rules and
regulations, subject to market conditions, applicable legal requirements and other factors. We are not required to
repurchase any particular amount of our common stock. During 2010, we did not repurchase any of our equity
securities pursuant to this authorization.
36