Blizzard 2003 Annual Report Download - page 57

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page 56
Market for Registrant’s Common Equity and Related Stockholder Matters
Our common stock is quoted on the Nasdaq National Market under the symbol “ATVI.”
The following table sets forth for the periods indicated the high and low reported sale prices for our com-
mon stock. As of June 9, 2003, there were approximately 2,900 holders of record of our common stock.
High Low
Fiscal 2002
First Quarter ended June 30, 2001 $18.29 $ 9.28
Second Quarter ended September 30, 2001 18.00 10.05
Third Quarter ended December 31, 2001 19.15 10.90
Fourth Quarter ended March 31, 2002 21.83 15.18
Fiscal 2003
First Quarter ended June 30, 2002 $23.40 $17.55
Second Quarter ended September 30, 2002 21.03 14.87
Third Quarter ended December 31, 2002 15.92 8.13
Fourth Quarter ended March 31, 2003 10.50 8.68
On June 9, 2003, the last reported sales price of our common stock was $11.68.
Dividends
We paid no cash dividends in 2003 or 2002 nor do we anticipate paying any cash dividends at any time in
the foreseeable future. We expect that earnings will be retained for the continued growth and develop-
ment of the business. Future dividends, if any, will depend upon our earnings, financial condition, cash
requirements, future prospects and other factors deemed relevant by our Board of Directors.
Stock Split
In April 2003, the Board of Directors approved a three-for-two stock split effected in the form of a 50%
stock dividend. The stock split is payable at the close of business on June 6, 2003 to shareholders of
record as of May 16, 2003 and is effective as of the start of trading on June 9, 2003.