AbbVie 2013 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2013 AbbVie annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 176

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176

PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Principal Market
The principal market for AbbVie’s common stock is the New York Stock Exchange (NYSE). A
‘‘when-issued’’ trading market for AbbVie’s common stock began on the NYSE on December 10, 2012,
and ‘‘regular way’’ trading of AbbVie’s common stock began on January 2, 2013. Prior to December 10,
2012 there was no public market for AbbVie’s common stock. AbbVie’s common stock is also listed on
the Chicago Stock Exchange and traded on various regional and electronic exchanges. Outside the
United States, AbbVie’s common stock is listed on NYSE Euronext Paris and the SIX Swiss Exchange.
2013
high low
First Quarter $40.80 $33.33
Second Quarter 48.00 39.96
Third Quarter 48.42 41.07
Fourth Quarter 54.78 44.32
Stockholders
There were 58,250 stockholders of record of AbbVie common stock as of January 31, 2014.
Dividends
A quarterly dividend of $0.40 per share was paid on common stock in 2013. On December 12,
2013, AbbVie’s board of directors declared a quarterly cash dividend of $0.40 per share payable
February 14, 2014 to stockholders of record at the close of business on January 15, 2014. The timing,
declaration, amount of, and payment of any dividends by AbbVie in the future is within the discretion
of its board of directors and will depend upon many factors, including AbbVie’s financial condition,
earnings, capital requirements of its operating subsidiaries, covenants associated with certain of
AbbVie’s debt service obligations, legal requirements, regulatory constraints, industry practice, ability to
access capital markets, and other factors deemed relevant by its board of directors. Moreover, if
AbbVie determines to pay any dividend in the future, there can be no assurance that it will continue to
pay such dividends or the amount of such dividends.
AbbVie Inc. is an Illinois High Impact Business (HIB) and is located in a federal Foreign Trade
Sub-Zone (Sub-Zone 22S). Dividends may be eligible for a subtraction from base income for Illinois
income tax purposes. If you have questions, please contact your tax advisor.
Performance Graph
The following graph compares the cumulative total returns of AbbVie Inc., the S&P 500 Index and
the NYSE Arca Pharmaceuticals Index. This graph covers the period from January 2, 2013 (the first
day our common stock began ‘‘regular-way’’ trading on the NYSE) through December 31, 2013. This
graph assumes $100 was invested in the stock or the index on January 2, 2013 and also assumes the
reinvestment of dividends. The stock price performance on the following graph is not necessarily
indicative of future stock price performance.
31