Avnet 2008 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2008 Avnet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

Table of Contents
PART II
Market price per share
The Company’s common stock is listed on the New York Stock Exchange under the symbol AVT. Quarterly
high and low sales prices (as reported for the New York Stock Exchange composite transactions) for the last two
fiscal years were:
The Company has not paid dividends since fiscal 2002 and does not currently contemplate any future dividend
payments.
Record Holders
As of July 26, 2008, there were approximately 3,384 holders of record of Avnet’s common stock.
Equity Compensation Plan Information as of June 28, 2008
14
Item 5.
Market for Registrant
’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
2008
2007
Fiscal Quarters
High
Low
High
Low
1st
$
44.33
$
34.34
$
20.29
$
16.77
2nd
43.75
32.99
26.07
19.45
3rd
36.74
29.43
38.01
25.70
4th
34.12
26.19
43.62
36.39
Number of Securities
Number of Securities
Remaining Available for
to be Issued Upon
Weighted-Average
Future Issuance Under Equity
Exercise of
Exercise Price of
Compensation Plans
Outstanding Options,
Outstanding Options,
(Excluding Securities
Plan Category
Warrants and Rights
Warrants and Rights
Reflected in Column (a))
(a)
(b)
(c)
Equity compensation plans approved
by security holders(1)
5,349,033(2
)
$
20.21
4,007,342(3
)
(1)
Options assumed through acquisitions accounted for as purchases are excluded from (2) below. The outstanding
balance of acquired options was 4,688 (column (a)) with a related weighted average exercise price of $35.22
(column (b)).
(2)
Includes 3,580,991 of options outstanding and 1,035,148 stock incentive shares and 728,206 performance shares
awarded but not yet delivered and excludes options assumed through acquisitions as noted in (1). Included in the
performance shares is the number of shares anticipated to be issued in the first quarter of fiscal 2009 relating to
the level of achievement reached under the 2006 performance share program which ended June 28, 2008 (see
Note 12 in the
Notes to Consolidated Financial Statements
included in Item 15 of this Report)
(3)
Does not include 288,410 shares available for future issuance under the Employee Stock Purchase Plan, which is
a non
-
compensatory plan.