Callaway 2006 Annual Report Download - page 36

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PART II
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of
Equity Securities
The Company’s Common Stock is listed, and principally traded, on the New York Stock Exchange
(“NYSE”). The Company’s symbol for its Common Stock is “ELY.” As of January 31, 2007, the approximate
number of holders of record of the Company’s Common Stock was 8,800. The following table sets forth the
range of high and low per share closing prices of the Company’s Common Stock and per share dividends for the
periods indicated.
Year Ended December 31,
2006 2005
Period: High Low Dividend High Low Dividend
First Quarter .................................. $17.29 $13.57 $0.07 $14.20 $12.11 $0.07
Second Quarter ................................ $17.42 $12.35 $0.07 $15.55 $10.78 $0.07
Third Quarter ................................. $13.73 $11.49 $0.07 $15.55 $14.46 $0.07
Fourth Quarter ................................ $15.23 $12.26 $0.07 $15.45 $13.12 $0.07
We intend to continue to pay quarterly dividends subject to capital availability and periodic determinations
that cash dividends are in the best interests of our stockholders. Future dividends may be affected by, among
other items, our views on potential future capital requirements and changes to our business model.
PERFORMANCE GRAPH
The following graph presents a comparison of the cumulative total shareholder return since December 31,
2001 of the Company’s Common Stock, the Standard & Poor’s 500 Index and the Standard & Poor’s 400 Midcap
Index. The graph assumes an initial investment of $100 at December 31, 2001 and reinvestment of all dividends.
2001 2002 2003 2004 2005 2006
0
20
40
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80
100
120
140
160
180
Callaway Golf
S&P 500
S&P 400 Midcap
20