Amazon.com 2008 Annual Report Download - page 26

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PART II
Item 5. Market for the Registrant’s Common Stock, Related Shareholder Matters and Issuer Purchases of
Equity Securities
Market Information
Our common stock is traded on the Nasdaq Global Select Market under the symbol “AMZN.” The
following table sets forth the high and low closing prices for our common stock for the periods indicated, as
reported by the Nasdaq Global Select Market.
High Low
Year ended December 31, 2007
First Quarter .................................................. $ 41.51 $36.43
Second Quarter ................................................ 73.65 40.42
Third Quarter .................................................. 93.48 68.73
Fourth Quarter ................................................. 100.82 77.00
Year ended December 31, 2008
First Quarter .................................................. $ 96.25 $62.43
Second Quarter ................................................ 84.51 71.99
Third Quarter .................................................. 88.09 63.35
Fourth Quarter ................................................. 69.58 35.03
Holders
As of January 15, 2009, there were 3,552 shareholders of record of our common stock, although there are a
much larger number of beneficial owners.
Dividends
We have never declared or paid cash dividends on our common stock. See Item 7 of Part II, “Management’s
Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources.”
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
On February 8, 2008, we publicly announced that our Board of Directors had authorized the Company to
repurchase up to $1 billion of the Company’s common stock on or before February 8, 2010. We may make these
purchases in the open market or through privately negotiated transactions and in discretionary purchases or
pursuant to pre-established purchase plans. The table below sets forth information regarding our purchases of our
common stock during Q4 2008 (in millions, except per share data):
Total Number
of Shares
Purchased
Average
Price Paid
Per Share
Total Number
of Shares Purchased
as Part of Publicly
Announced Program
Approximate Dollar
Value of Shares that
May Yet be Purchased
Under the Program
October 1 - October 31, 2008 ............ — $ — — $1,000
November 1 - November 30, 2008 ........ 2.2 45.78 2.2 900
December 1 - December 31, 2008 ......... — — — 900
Total ................................ 2.2 2.2
18