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23
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market for Common Stock
Our common stock is listed on the NASDAQ Global Select Market and trades under the symbol "MU." The following
table represents the high and low closing sales prices for our common stock for each quarter of 2015 and 2014, as reported by
Bloomberg L.P.:
Fourth Quarter Third Quarter Second Quarter First Quarter
2015:
High $ 26.59 $ 29.52 $ 36.49 $ 36.10
Low 14.27 26.31 28.35 27.03
2014:
High $ 34.64 $ 28.61 $ 25.49 $ 21.17
Low 28.59 21.13 20.67 13.57
Holders of Record
As of October 21, 2015, there were 2,378 shareholders of record of our common stock.
Dividends
We have not declared or paid cash dividends since 1996 and do not intend to pay cash dividends for the foreseeable future.
As a result of the Japan Proceedings, for so long as such proceedings continue, the MMJ Group is subject to certain
restrictions on dividends, loans, and advances. Our ability to access IMFT's cash and other assets through dividends, loans, or
advances, including to finance our other operations, is subject to agreement by Intel.
Equity Compensation Plan Information
The information required by this item is incorporated by reference from the information to be set forth in our 2015 Proxy
Statement under the section entitled "Equity Compensation Plan Information," which will be filed with the Securities and
Exchange Commission within 120 days after September 3, 2015.
Issuer Purchases of Equity Securities
Since the first quarter of 2015, our Board of Directors authorized the repurchase of up to $1.25 billion of our common
stock, $250 million of which was authorized in the first quarter of 2016. Any repurchases under the authorization may be made
in open market purchases, block trades, privately negotiated transactions, and/or derivative transactions, subject to market
conditions and our ongoing determination that it is the best use of available cash. During the fourth quarter of 2015, we
purchased 35,495,175 shares of our common stock through open market transactions.
During the fourth quarter of 2015, we also received 2,685,482 shares of our common stock from the share settlement for a
portion of our 2031 Capped Calls.