Assurant 2010 Annual Report Download - page 31

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25ASSURANT, INC.2010 Form 10K
PART II
ITEM 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Company/Index
Annual return percentage
Years Ending
12/31/06 12/31/07 12/31/08 12/31/09 12/31/10
Assurant, Inc. 28.01 22.06 (54.58) 0.56 33.09
S&P 400 MidCap Index 10.32 7.98 (36.23) 37.38 26.64
S&P 500 Multi-line Insurance Index* 7.58 (12.89) (88.68) 36.35 23.23
S&P 400 Multi-line Insurance Index* 21.75 (9.67) (29.07) 15.52 17.17
* S&P 400 Multi-line Insurance Index is comprised of mid-cap companies, while the S&P 500 Multi-line Insurance Index is comprised of large-cap companies.
Common Stock Price
Our common stock is listed on the NYSE under the symbol “AIZ.”  e following table sets forth the high and low intraday sales prices per share
of our common stock as reported by the NYSE for the periods indicated.
Year Ended December 31, 2010 High Low Dividends
First Quarter $ 34.60 $ 29.08 $ 0.15
Second Quarter $ 38.01 $ 32.47 $ 0.16
ird Quarter $ 41.24 $ 33.95 $ 0.16
Fourth Quarter $ 41.87 $ 33.43 $ 0.16
Year Ended December 31, 2009 High Low Dividends
First Quarter $ 31.44 $ 16.34 $ 0.14
Second Quarter $ 29.60 $ 20.88 $ 0.15
ird Quarter $ 32.49 $ 21.65 $ 0.15
Fourth Quarter $ 33.37 $ 28.94 $ 0.15
Holders
On February 15, 2011, there were approximately 333 registered holders of record of our common stock.  e closing price of our common stock
on the NYSE on February 15, 2011 was $40.33.
Shares Repurchased
Period in 2010 Total Number of
Shares Purchased Average Price Paid
Per Share
Total Number
of Shares Purchased
as Part of Publicly
Announced
Programs (1)
Approximate Dollar
Value of Shares that
may yet be Purchased
under the Programs (2)
January 1 – January 31 $ $ 770,685
February 1 – February 28 1,304,915 30.46 1,304,915 730,958
March 1 – March 31 2,121,554 32.73 2,121,554 661,569
Total fi rst quarter 3,426,469 31.86 3,426,469 661,569
April 1 – April 30 1,783,816 35.07 1,783,816 599,045
May 1 – May 31 1,982,400 35.44 1,982,400 528,829
June 1 – June 30 2,300,000 35.78 2,300,000 446,581
Total second quarter 6,066,216 35.46 6,066,216 446,581
July 1 – July 31 1,185,000 36.19 1,185,000 403,721
August 1 – August 31 52,000 38.11 52,000 401,740
September 1 – September 30 401,740
Total third quarter 1,237,000 36.27 1,237,000 401,740
October 1 – October 31 401,740
November 1 – November 30 2,305,960 35.35 2,305,960 320,510
December 1 – December 31 2,189,000 37.69 2,189,000 238,040
Total fourth quarter 4,494,960 36.44 4,494,960 238,040
TOTAL THROUGH DECEMBER 31 15,224,645 $ 35.01 15,224,645 $ 238,040
(1) Shares purchased pursuant to the November 10, 2006 publicly announced share repurchase authorization of up to $600,000 of outstanding common stock, which was increased by an
authorization on January 22, 2010 for the repurchase of up to an additional $600,000 of outstanding common stock.
(2) The Company repurchased 843,000 shares of its outstanding common shares from January 1, 2011 to January 14, 2011 at a cost of $32,453. On January 18, 2011, the Company’s Board
of Directors authorized the Company to repurchase up to an additional $600,000 of its outstanding common stock making the total authorization available at that date $805,587.