E-Z-GO 2004 Annual Report Download - page 31

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10
Item 5. Markets for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Repurchases of Equity Securities
PART II
Item 5. Markets for the Registrant’s Common Equity, Related Stockholder Matters and Issuer
Repurchases of Equity Securities
Our common stock is traded on the New York, Chicago and Pacific Stock Exchanges. At January 1, 2005, there were approximately
18,000 holders of Textron common stock. The high and low common stock prices per share as reported on the New York Stock
Exchange, and the dividends paid per share, in each case for the periods described below, were as follows:
2004 2003
Dividends Dividends
High Low Per Share High Low Per Share
First quarter $ 58.28 $ 50.84 $ 0.325 $ 45.45 $ 26.85 $ 0.325
Second quarter 59.43 52.45 0.325 38.69 27.46 0.325
Third quarter 65.47 57.38 0.325 45.53 38.07 0.325
Fourth quarter 74.63 63.04 0.350 57.70 39.45 0.325
Issuer Repurchases of Equity Securities
Average Total Number Maximum
Total Price Paid of Shares Number of
Number of per Share Purchased as Shares that May
Shares (Excluding Part of Publicly Be Purchased
Fourth Quarter Purchased Commissions) Announced Plan* Under the Plan
Month 1 (October 3, 2004 – November 6, 2004) 923,200 $68.26 923,200 11,076,800
Month 2 (November 7, 2004 – December 4, 2004) 959,200 $72.50 959,200 10,117,600
Month 3 (December 5, 2004 – January 1, 2005) 1,122,463 $73.03 1,121,100** 8,996,500
Total 3,004,863 $71.39 3,003,500
* On October 21, 2004, Textron’s Board of Directors authorized a new share repurchase plan under which Textron is authorized to repurchase
up to 12 million shares of Textron common stock. Shares purchased since October 21, 2004 were purchased under this new plan. This new
plan supercedes the previously existing plan. Prior to October 21, 2004, Textron was authorized to repurchase up to 12 million shares of
Textron common stock under a plan that had been announced on August 3, 2001, and had no expiration date. Under this previously existing
plan, there were no shares purchased during the period from October 3, 2004 through October 20, 2004, and no additional shares are eligible
for repurchase.
** Reflects the surrender of 1,363 shares of Textron common stock to pay the exercise price of employee stock options.