CompUSA 2010 Annual Report Download - page 66

Download and view the complete annual report

Please find page 66 of the 2010 CompUSA 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 108

  • 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
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

15
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Systemax common stock is traded on the NYSE Euronext Exchange under the symbol “SYX.” The following table sets forth the high
and low closing sales price of our common stock as reported on the New York Stock Exchange for the periods indicated.
High Low
2010
First Quarter $ 21.90 $ 15.80
Second Quarter 23.85 15.07
Third Quarter 16.97 11.77
Fourth Quarter 14.31 12.09
2009
First Quarter $ 14.19 $ 9.12
Second Quarter 17.30 11.25
Third Quarter 14.29 11.34
Fourth Quarter 16.46 12.00
On January 1, 2011, the last reported sale price of our common stock on the New York Stock Exchange was $14.10 per share. As of
January 1, 2011, we had 207 shareholders of record.
On November 16, 2009, the Company’ s Board of Directors declared a special dividend of $.75 per share payable on December 15,
2009 to shareholders of record on December 1, 2009. This special dividend is the third dividend we have paid since our initial public
offering. Depending in part upon profitability, the strength of our balance sheet, our cash position and the need to retain cash for the
development and expansion of our business, we may decide to declare another special dividend in the future.
In May 2008, the Company’ s Board of Directors authorized the repurchase of up to 2,000,000 shares of the Company’ s common
stock. The Company repurchased a total 574,235 shares under this plan which expired in December 2009.
Information regarding securities authorized for issuance under equity compensation plans and a performance graph relating to the
Company’ s common stock is set forth in the Company’ s Proxy Statement relating to the 2011 annual meeting of shareholders and is
incorporated by reference herein.