Costco 2006 Annual Report Download - page 21

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MARKET FOR COSTCO COMMON STOCK
Market Information and Dividend Policy
Our common stock is traded on the National Market tier of the NASDAQ Stock Market LLC
(“NASDAQ”) under the symbol “COST.” On October 31, 2006 we had 8,172 stockholders of record.
The following table shows the quarterly high and low closing sale prices as reported by NASDAQ for
each quarter during the last two fiscal years and the quarterly cash dividend declared per share of our
common stock during the periods indicated.
Price Range Cash
Dividends
DeclaredHigh Low
Fiscal 2006:
Fourth Quarter ........................................ $57.58 $46.79 $0.130
Third Quarter ......................................... 56.70 50.11 0.130
Second Quarter ....................................... 51.00 48.29 0.115
First Quarter .......................................... 50.14 41.36 0.115
Fiscal 2005:
Fourth Quarter ........................................ 46.62 42.04 0.115
Third Quarter ......................................... 47.00 40.17 0.115
Second Quarter ....................................... 49.69 45.51 0.100
First Quarter .......................................... 49.74 39.99 0.100
Payment of future dividends is subject to declaration by the Board of Directors. Factors considered in
determining the size of the dividends are our profitability and expected capital needs. Subject to
qualifications stated above, we presently expect to pay dividends on a quarterly basis.
Stock Repurchase Program
The following table sets forth information on our common stock repurchase program activity for the
fourth quarter of fiscal 2006 (amounts in thousands, except per share data):
Period(1)
Total
Number of
Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced
Program(2)
Maximum Dollar
Value of Shares that
May Yet be
Purchased Under
the Program(2)
May 8–June 4, 2006 ................. 2,044 $54.55 2,044 $1,045,207
June 5–July 2, 2006 ................. 3,334 53.67 3,334 866,281
July 3–July 30, 2006 ................. 2,924 53.60 2,924 2,709,531
July 31–September 3, 2006 ........... 1,650 50.91 1,650 2,625,534
Total Fourth Quarter ............. 9,952 $53.37 9,952
(1) Monthly information is presented by reference to our fiscal periods during the fourth quarter of
fiscal 2006.
(2) Our share repurchase program is conducted under authorizations made by our Board of Directors.
The amounts reported in the table are covered by Board authorizations to repurchase shares of
common stock as follows: $1 billion authorized in January 2006 (expires after three years) and $2
billion authorized in July 2006 (expires after 3 years). Amounts remaining for repurchase relate to
both authorizations.
Equity Compensation Plans
Information related to our equity compensation plans is incorporated herein by reference to the Proxy
Statement filed with the Securities and Exchange Commission.
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