Audiovox 2010 Annual Report Download - page 21

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PART II
Item 5-Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
Market Information
The Class A Common Stock of Audiovox is traded on the Nasdaq Stock Market under the symbol "VOXX". The following
table sets forth the low and high sale price of our Class A Common Stock, based on the last daily sale in each of the last eight fiscal
quarters:
Year ended February 28, 2010 High Low
First Quarter $ 6.45 $ 2.13
Second Quarter 7.98 5.55
Third Quarter 7.91 6.08
Fourth Quarter 7.49 6.29
Year ended February 28, 2009 High Low
First Quarter $ 11.16 $ 8.45
Second Quarter 11.00 7.57
Third Quarter 10.45 3.36
Fourth Quarter 6.56 2.80
Dividends
We have not paid or declared any cash dividends on our common stock. We have retained, and currently anticipate that we
will continue to retain, all of our earnings for use in developing our business. Future cash dividends, if any, will be paid at the
discretion of our Board of Directors and will depend, among other things, upon our future operations and earnings, capital
requirements and surplus, general financial condition, contractual restrictions and such other factors as our Board of Directors may
deem relevant.
Holders
There are approximately 827 holders of record of our Class A Common Stock and 4 holders of Class B Convertible Common
Stock.
Issuer Purchases of Equity Securities
In September 2000, we were authorized by the Board of Directors to repurchase up to 1,563,000 shares of Class A Common
Stock in the open market under a share repurchase program (the “Program”). In July 2006, the Board of Directors authorized an
additional repurchase up to 2,000,000 Class A Common Stock in the open market in connection with the Program. As of February 28,
2010, the cumulative total of acquired shares pursuant to the program was 1,818,967, with a cumulative value of $18,386 reducing the
remaining authorized share repurchase balance to 1,744,033. During the year ended February 28, 2010, the Company did not
purchase any shares.
Performance Graph
The following table compares the annual percentage change in our cumulative total stockholder return on our common Class
A common stock during a period commencing on February 28, 2005 and ending on February 28, 2010 with the cumulative total return
of the Nasdaq Stock Market (US) Index and our SIC Code Index, during such period.
Source: AUDIOVOX CORP, 10-K, May 14, 2010 Powered by Morningstar® Document Research℠