E-Z-GO 2014 Annual Report Download - page 22

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
The principal market on which our common stock is traded is the New York Stock Exchange under the symbol “TXT.” At
January 3, 2015, there were approximately 10,700 record holders of Textron common stock. The high and low sales prices per
share of our common stock as reported on the New York Stock Exchange and the dividends paid per share are provided in the
following table:
2014
2013
High
Low
Dividends
per Share
High
Low
Dividends
per Share
First quarter
$ 40.18
$ 34.28
$ 0.02
$ 31.30
$ 23.94
$ 0.02
Second quarter
40.93
36.96
0.02
30.22
24.87
0.02
Third quarter
39.03
35.54
0.02
29.81
25.36
0.02
Fourth quarter
44.23
32.28
0.02
37.43
26.17
0.02
Issuer Repurchases of Equity Securities
The following provides information about our fourth quarter 2014 repurchases of equity securities that are registered pursuant to
Section 12 of the Securities Exchange Act of 1934, as amended:
Period (shares in thousands)
Total
Number of
Shares
Purchased (1)
Average Price
Paid per Share
(excluding
commissions)
Total Number of
Shares Purchased as
part of Publicly
Announced Plan (1)
Maximum
Number of Shares
that may
yet be
Purchased under
the Plan
September 28, 2014 – November 1, 2014
225
$ 35.90
225
16,399
November 2, 2014 – November 29, 2014
—
—
—
—
November 30, 2014 – January 3, 2015
320
39.66
320
16,079
Total
545
$ 38.11
545
(1) These shares were purchased pursuant to a plan authorizing the repurchase of up to 25 million shares of Textron common
stock that had been announced on January 23, 2013. This plan has no expiration date.
In February 2014, we entered into an Accelerated Share Repurchase agreement (ASR) with a counterparty and repurchased 4.3
million shares of our outstanding common stock from the counterparty for an initial estimated purchase price of $150 million.
Final settlement of the ASR occurred in December 2014 and resulted in a final average price of $38.90 per share.
16
Textron Inc. Annual Report • 2014