Fluor 2011 Annual Report Download - page 70

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reported in the Consolidated Transactions Reporting System, and the cash dividends paid per share of
common stock.
Common Stock
Price Range Dividends
High Low Per Share
Year Ended December 31, 2011
Fourth Quarter .......................................... $60.76 $44.16 $.125
Third Quarter ........................................... $68.00 $45.86 $.125
Second Quarter .......................................... $74.58 $60.10 $.125
First Quarter ............................................ $75.76 $63.43 $.125
Year Ended December 31, 2010
Fourth Quarter .......................................... $67.31 $47.94 $.125
Third Quarter ........................................... $51.00 $41.20 $.125
Second Quarter .......................................... $55.47 $41.68 $.125
First Quarter ............................................ $50.50 $41.71 $.125
Any future cash dividends will depend upon our results of operations, financial condition, cash
requirements, availability of surplus and such other factors as our Board of Directors may deem relevant.
See ‘‘Item 1A. — Risk Factors.’’
At February 16, 2012, there were 169,003,400 shares outstanding and 6,567 stockholders of record of
the company’s common stock. The company estimates there were an additional 179,794 stockholders
whose shares were held by banks, brokers or other financial institutions at February 16, 2012.
Issuer Purchases of Equity Securities
The following table provides information as of the three months ending December 31, 2011 about
purchases by the company of equity securities that are registered by the company pursuant to Section 12 of
the Securities Exchange Act of 1934 (the ‘‘Exchange Act’’):
Maximum
Total Number of Number of
Shares Purchased as Shares that May
Total Number Average Price Part of Publicly Yet Be Purchased
of Shares Paid per Announced Plans Under Plans or
Period Purchased (1) Share or Programs Programs (2)
October 1–October 31, 2011 ......... $ — 12,000,000
November 1–November 30, 2011 ..... 350,000 52.42 350,000 11,650,000
December 1–December 31, 2011 ...... 400,000 53.95 400,000 11,250,000
Total ........................ 750,000 $53.24 750,000 11,250,000
(1) Includes 750,000 shares of company stock repurchased and canceled by the company during the fourth
quarter of 2011 under its stock repurchase program for total consideration of $39,951,070.
(2) On November 3, 2011, the company announced that the Board of Directors had approved the
repurchase of up to 12,000,000 shares of our common stock. Following this approval, we repurchased
a total of 750,000 shares during the remainder of the fourth quarter. As a result, as of December 31,
2011 we have 11,250,000 shares remaining available for repurchase. This repurchase program is
ongoing and does not have an expiration date.
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