Avnet 2013 Annual Report Download - page 15

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Table of Contents
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
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 closing
prices (as reported for the New York Stock Exchange composite transactions) for the last two fiscal years were:
The Company did not pay any dividends on its common stock during the last two fiscal years. Any future decision to declare or pay
dividends will be at the discretion of the Board of Directors and will be dependent upon the Company's financial condition, results of operations,
capital requirements, and such other factors as the Board of Directors deems relevant. In addition, certain of the Company's debt facilities
contain restrictions on the declaration and payment of dividends.
Record Holders
As of July 26, 2013 , there were 3,330 registered holders of record of Avnet’s common stock.
Equity Compensation Plan Information as of June 29, 2013
______________________
Stock Performance Graphs and Cumulative Total Returns
The graph below compares the cumulative 5-year total return of holders of Avnet, Inc.’
s common stock with the cumulative total returns of
the S&P 500 index and certain of Avnet’
s peer companies in the electronics distribution industry. The graph tracks the performance of a $100
investment in Avnet’s common stock, in the peer group, and the index (with the reinvestment of all dividends) from June 28, 2008 to
June 29,
2013
. The companies comprising the peer group that Avnet has historically used are: Agilysys, Inc., Anixter International, Inc., Arrow
Electronics, Inc., Ingram Micro, Inc., Insight Enterprises, Inc., Scansource, Inc., Synnex Corp. and Tech Data Corp. Brightpoint, Inc. terminated
its registration with the SEC as a result of it being acquired and, therefore, is not included in the graph below.
13
2013
2012
Fiscal Quarters High
Low
High
Low
1st
$
33.51
$
28.91
$
32.86
$
24.19
2nd
31.62
27.01
31.73
24.77
3rd
36.86
30.61
36.83
31.02
4th
35.39
31.54
36.65
29.23
Plan Category
Number of
Securities
to be Issued Upon
Exercise of
Outstanding
Options, Warrants
and Rights
Weighted-Average
Exercise Price of
Outstanding
Options, Warrants
and Rights
Number of Securities
Remaining Available
for
Future Issuance
Under Equity
Compensation Plans
(Excluding Securities
Reflected in Column
(a))
(a) (b)
(c)
Equity compensation plans approved by security holders
5,559,753
(1)
$26.65
2,995,588
(2)
(1) Includes 2,579,188 shares subject to options outstanding and 2,009,510 stock incentive shares and 971,055
performance shares awarded
but not yet delivered. Included in the performance shares is the number of shares anticipated to be issued in the first quarter of fiscal 2014
relating to the level of achievement reached under the performance share program,that ended on June 29, 2013 (see Note 12 in the
Notes to
Consolidated Financial Statements included in Item 15 of this Report)
(2) Does not include 432,789 shares available for future issuance under the Employee Stock Purchase Plan, which is a non-
compensatory plan.