Albertsons 2014 Annual Report Download - page 28

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PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The Company’s common stock is listed on the New York Stock Exchange under the symbol SVU. As of
April 18, 2014, there were 18,489 stockholders of record.
Common Stock Price
Common Stock Price Range
Dividends Declared
Per Share
2014 2013 2014 2013
Fiscal High Low High Low
First Quarter $ 7.11 $ 3.75 $ 6.78 $ 4.05 $ — $ 0.0875
Second Quarter 8.26 5.76 5.37 1.68 — —
Third Quarter 8.76 6.07 3.30 1.80 — —
Fourth Quarter 7.30 5.38 3.95 2.34 — —
Year 8.76 3.75 6.78 1.68 $ — $ 0.0875
In July 2012, the Company announced that it had suspended the payment of the regular quarterly dividend. Pursuant to
a binding term sheet with the PBGC entered into in connection with the NAI Banner Sale, the Company has agreed not
to pay any dividends to its stockholders at any time for the period beginning on January 9, 2013 and ending on the
earliest of (i) March 21, 2018, (ii) the date on which the total of all contributions made to the SUPERVALU
Retirement Plan that were made on or after March 21, 2014 is at least $450 and (iii) the date on which SUPERVALU’s
unsecured credit rating is BB+ from Standard & Poor’s or Ba1 from Moody’s.
Company Purchases of Equity Securities
The following table sets forth the Company’s purchases of equity securities for the periods indicated:
(in millions, except shares and per share
amounts)
Period (1)
Total Number
of Shares
Purchased (2)
Average
Price Paid
Per Share
Total Number of
Shares Purchased
as Part of
Publicly
Announced
Plans or
Programs
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under the
Plans or
Programs
First four weeks
December 1, 2013 to December 28, 2013 239 $ 6.41 — $ —
Second four weeks
December 29, 2013 to January 25, 2014 27 $ 7.00 — $ —
Third four weeks
January 26, 2014 to February 22, 2014 2,661 $ 5.58 — $ —
Totals 2,927 $ 5.66 — $ —
(1) The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods. The
fourth quarter of fiscal 2014 contains three 28-day periods.
(2) These amounts represent the deemed surrender by participants in the Company’s compensatory stock plans
of 2,927 shares of previously issued common stock. These are in payment of the purchase price for shares
acquired pursuant to the exercise of stock options and satisfaction of tax obligations arising from such
exercises, as well as from the vesting of restricted stock awards granted under such plans.
26