Harris Teeter 2008 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2008 Harris Teeter annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

10
PART II
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of
Equity Securities
Information regarding the principal market for the Company’s common stock (the “Common Stock”),
number of shareholders of record, market price information per share of Common Stock and dividends declared
per share of Common Stock for each quarterly period in fiscal 2008 and 2007 is set forth below.
The Common Stock is listed on the New York Stock Exchange. As of November 14, 2008, there were
approximately 4,700 holders of record of Common Stock.
Quarterly Information
First
Quarter Second
Quarter Third
Quarter Fourth
Quarter
Fiscal 2008
Dividend Per Share ................................... $ 0.12 $ 0.12 $ 0.12 $ 0.12
Market Price Per Share
High ............................................ 38.03 36.99 39.79 38.98
Low............................................. 31.15 31.71 33.89 29.47
Fiscal 2007
Dividend Per Share ................................... $ 0.11 $ 0.11 $ 0.11 $ 0.11
Market Price Per Share
High ............................................ 28.91 30.50 32.39 37.28
Low............................................. 25.20 26.30 29.53 27.53
The Company expects to continue paying dividends on a quarterly basis which is at the discretion of the
Board of Directors and subject to legal and contractual requirements. Information regarding restrictions on the
ability of the Company to pay cash dividends is set forth in “Management’s Discussion and Analysis of Financial
Condition and Results of Operations - Capital Resources and Liquidity” in Item 7 hereof.
Equity Compensation Plan Information
The following table provides information as of September 28, 2008 regarding the number of shares of
Common Stock that may be issued under the Company’s equity compensation plans.
Number of
securities to be
issued upon exercise
of outstanding
options, warrants
and rights
Weighted-average
exercise price
of outstanding
options, warrants
and rights
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding securities
reflected in column (a))
Plan category (a) (1) (b) (2) (c)
Equity compensation plans
approved by security holders ......... 618,756 $16.40 1,679,200
Equity compensation plans not
approved by security holders ......... -0- -0- -0-
Total ............................ 618,756 $16.40 1,679,200
(1) Includes grants of 135,770 performance shares outstanding as of September 28, 2008. Excludes 99,294
shares of Common Stock that are deliverable in connection with the 99,294 stock units outstanding
under the Ruddick Corporation Director Deferral Plan (the “Deferral Plan”) that have been accumulated