HCA Holdings 2012 Annual Report Download - page 62

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
See Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations —
Liquidity and Capital Resources — Financing Activities” for a description of the restrictions on our ability to pay
dividends.
During March 2011, we completed the initial public offering of 87,719,300 shares of our common stock at a
price of $30.00 per share (before deducting underwriter discounts, commissions and other related offering
expenses). Certain of our stockholders also sold 57,410,700 shares of our common stock in this offering. We did
not receive any proceeds from the shares sold by the selling stockholders. Our common stock is traded on the
New York Stock Exchange (the “NYSE”) (symbol “HCA”). Our first day of trading was March 10, 2011.
On September 21, 2011, we repurchased 80,771,143 shares of our common stock beneficially owned by
affiliates of Bank of America Corporation at a purchase price of $18.61 per share, the closing price of the
Company’s common stock on the NYSE on September 14, 2011. The shares repurchased represented
approximately 15.6% of our total shares outstanding at the time of the repurchase.
During 2012, our Board of Directors declared three distributions to the Company’s stockholders and holders
of certain vested share-based awards. The distributions totaled $6.50 per share and vested share-based award
(subject to limitations for certain awards), or $3.142 billion in the aggregate. Pursuant to the terms of our share-
based award plans, the holders of nonvested stock options and SARs received $6.50 per share reductions to the
exercise price of the applicable share-based awards (subject to certain limitations for certain share-based awards
that resulted in deferred distributions for a portion of the declared distribution, which will be paid upon the
vesting of the applicable share-based award). The holders of nonvested RSUs will be paid the applicable
distribution amounts upon the vesting of the applicable RSUs. There were no distributions declared during 2011.
The table below sets forth, for the calendar quarters indicated, the high and low sales prices per share
reported on the NYSE for our common stock.
Sales Price
High Low
2012
First Quarter ............................... $ 29.30 $ 20.33
Second Quarter ............................. 31.39 24.09
Third Quarter ............................... 33.55 23.91
Fourth Quarter .............................. 34.32 27.92
2011
First Quarter ............................... $ 34.57 $ 30.36
Second Quarter ............................. 35.37 30.75
Third Quarter ............................... 34.92 17.03
Fourth Quarter .............................. 26.86 17.43
At the close of business on January 31, 2013, there were approximately 1,046 holders of record of our
common stock.
58