Autodesk 2009 Annual Report Download - page 103
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PART II
ITEM 5. MARKET FOR THE 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 ADSK. The
following table lists the high and low sales prices for each quarter in the last two fiscal years.
High Low
Fiscal 2009
First Quarter ..................................................... $41.96 $29.90
Second Quarter ................................................... $41.49 $31.89
Third Quarter ..................................................... $38.37 $20.68
Fourth Quarter .................................................... $22.88 $14.37
Fiscal 2008
First Quarter ..................................................... $44.72 $37.15
Second Quarter ................................................... $47.90 $41.40
Third Quarter ..................................................... $50.80 $40.47
Fourth Quarter .................................................... $51.04 $40.11
Dividends
We did not declare any cash or stock dividends in either fiscal 2009 or fiscal 2008. We anticipate that, for
the foreseeable future, we will retain any earnings for use in the operation of our business.
Stockholders
As of January 31, 2009 the number of common stockholders of record was 643. Because many of our shares
of common stock are held by brokers or other institutions on behalf of stockholders, we are unable to estimate the
total number of stockholders represented by the record holders.
Issuer Purchases of Equity Securities
The purpose of Autodesk’s stock repurchase program is to help offset the dilution to net income per share
caused by the issuance of stock under our employee stock plans as well as to more effectively utilize excess cash
generated from our business. The number of shares acquired and the timing of the purchases are based on several
factors, including anticipated employee stock purchases during the period, the level of our cash balances, general
business and market conditions, the market price of our stock, and other investment opportunities. There were no
repurchases of our common stock during the three months ended January 31, 2009; during the year ended
January 31, 2009 we repurchased 8.0 million shares of our common stock. At January 31, 2009, 16.1 million
shares remained available for repurchase under the existing repurchase authorization. See Note 7, “Stockholders’
Equity,” in the Notes to Consolidated Financial Statements for further discussion.
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