Adobe 2008 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2008 Adobe 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 128

  • 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

43
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of security holders during the quarter ended November 28, 2008.
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 NASDAQ Global Select Market under the symbol “ADBE.” On January 16, 2009,
there were 1,728 holders of record of our common stock. Because many of such shares are held by brokers and other
institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record
holders.
We did not pay any cash dividends on our common stock during fiscal 2008 or fiscal 2007. Under the terms of our credit
agreement and lease agreements, we are not prohibited from paying cash dividends unless payment would trigger an event of
default or one currently exists. The following table sets forth the high and low sales price per share of our common stock for
the periods indicated.
Price Range
High
Low
Fiscal 2008:
First Quarter .................................
$
44.62
$
32.62
Second Quarter ...............................
44.06
30.79
Third Quarter ................................
45.89
38.23
Fourth Quarter ...............................
43.14
20.75
Fiscal Year ..................................
45.89
20.75
Fiscal 2007:
First Quarter .................................
$
42.81
$
37.52
Second Quarter ...............................
44.53
38.52
Third Quarter ................................
44.58
38.75
Fourth Quarter ...............................
48.00
40.82
Fiscal Year ..................................
48.00
37.52