Avnet 2014 Annual Report Download - page 16

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 stock closing
prices (as reported for the New York Stock Exchange composite transactions) and dividends declared (none in fiscal 2013) for the last two fiscal
years were:
In August 2013, the Company's Board of Directors initiated a quarterly cash dividend of $0.15 per share of outstanding common stock.
The declaration and payment of future 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 may restrict the declaration and payment of dividends, depending upon the Company's then current
compliance with certain covenants.
Record Holders
As of July 25, 2014 , there were 2,918 registered holders of record of Avnet’s common stock.
Equity Compensation Plan Information as of June 28, 2014
______________________
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 ("peer group") in the electronics and information technology distribution industry. The
graph tracks the performance of a hypothetical $100 investment in Avnet’
s common stock, in the peer group, and the S&P 500 index (with the
reinvestment of all dividends) from June 27, 2009 to June 28, 2014
. 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.
14
2014 2013
Fiscal Quarters High
Low Dividends Declared High Low
1st
$
41.73
$
33.97
$
0.15
$
33.51
$
28.91
2nd
43.43
38.77
0.15
31.62
27.01
3rd
46.17
39.32
0.15
36.86
30.61
4th
47.50
41.68
0.15
35.39
31.54
Plan Category
(a)
Number of
Securities
to be Issued Upon
Exercise of
Outstanding
Options, Warrants
and Rights
(b)
Weighted-Average
Exercise Price of
Outstanding
Options, Warrants
and Rights
(c)
Number of Securities
Remaining Available
for
Future Issuance
Under Equity
Compensation Plans
(Excluding Securities
Reflected in Column
(a))
Equity compensation plans approved by security holders
4,599,384
(1)
$30.84
6,371,765
(2)
(1) Includes 1,809,176 shares subject to options outstanding, 2,001,887 restricted incentive shares and 788,321
performance shares awarded
but not yet vested or vested but not yet delivered.
(2) Does not include 375,741 shares available for future issuance under the Employee Stock Purchase Plan, which is a non-
compensatory plan.