Delta Airlines 2006 Annual Report Download - page 24

PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Until October 13, 2005, our common stock was traded on the New York Stock Exchange (“NYSE”) under the symbol “DAL”. As the result of our
bankruptcy proceedings, our common stock was suspended from trading by the NYSE on October 13, 2005 and thereafter delisted by the NYSE. Our
common stock is being quoted and, has been quoted since its suspension from the NYSE, on the Pink Sheets Electronic Quotation Service (“Pink Sheets”)
maintained by Pink Sheets LLC for the National Quotation Bureau, Inc. The tickler symbol “DALRQ” has been assigned to our common stock for over-the-
counter quotations.
The following table sets forth for the periods indicated, the highest and lowest sales price for our common stock, as reported on the NYSE for the period
through October 13, 2005 and the quarterly high and low bid quotations for our common stock as reported on the Pink Sheets for the period beginning
October 13, 2005. The quotations from the Pink Sheets reflect inter-dealer prices, without retail markup, markdown or commissions, and may not represent
actual transactions.
High Low
Fiscal 2005
First Quarter $ 7.78 $ 3.80
Second Quarter 4.39 2.46
Third Quarter 4.10 0.68
Fourth Quarter (through October 13, 2005) 0.87 0.58
Fourth Quarter (from October 13, 2005) 0.89 0.50
Fiscal 2006
First Quarter $ 0.88 $ 0.30
Second Quarter 0.81 0.50
Third Quarter 1.78 0.63
Fourth Quarter 1.77 0.96
As of January 31, 2007, there were approximately 25,270 holders of record of our common stock.
We suspended the payment of dividends on our common stock in 2003. We expect to retain any future earnings to fund our operations and meet our cash
and liquidity needs. Therefore, we do not anticipate paying any dividends on our common stock for the foreseeable future.
Current holders of Delta’s common stock and other equity interests will not receive any distributions under the Debtors’ proposed Plan. These equity
interests would be cancelled upon the effectiveness of the proposed Plan. Accordingly, we urge that caution be exercised with respect to existing and future
investments in Delta’s equity securities and any of Delta’s liabilities or other securities.
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