Hess 2014 Annual Report Download - page 35

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20 20
Holders
At December 31, 2014, there were 3,752 stockholders (based on the number of holders of record) who owned a total of
285,834,964 shares of common stock.
Dividends
In 2014, cash dividends on common stock totaled $1.00 per share ($0.25 per quarter). In 2013, cash dividends declared on
common stock totaled $0.70 per share ($0.10 per share for the first two quarters and $0.25 per share commencing in the
third quarter of 2013). Cash dividends were $0.40 per share ($0.10 per quarter) in 2012.
Share Repurchase Activities
Hess’s share repurchase activities for the year ended December 31, 2014, were as follows:
2014
Total Number of
Shares Purchased
(a)
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs
Maximum
Approximate Dollar
Value of Shares that
May Yet be
Purchased Under the
Plans or Programs
(b)
(In millions)
January ............................................................ 4,433,061 $ 78.95 4,433,061 $ 2,112
February .......................................................... 4,468,163 78.33 4,468,163 1,762
March .............................................................. 3,675,267 81.01 3,675,267 1,464
April ................................................................ 1,690,824 85.76 1,690,824 1,319
May ................................................................. 2,285,984 89.35 2,285,984 3,615
June ................................................................. 4,380,305 95.50 4,380,305 3,197
July ................................................................. 2,499,830 99.23 2,499,830 2,949
August ............................................................. 3,106,967 99.28 3,106,967 2,640
September ....................................................... 3,548,637 97.55 3,548,637 2,294
October ........................................................... 5,179,300 83.75 5,179,300 1,860
N
ovembe
r
....................................................... 3,312,000 82.44 3,312,000 1,587
December ........................................................ 4,770,901 72.58 4,770,901 1,241
Total for 2014 (c) ............................................ 43,351,239 $ 8 5.83 43,351,239
(a) Repurchased in open-market transactions. The average price paid per share was inclusive of transaction fees.
(b) In March 2013, the Corporation announced a board authorized plan to repurchase up to $4 billion of outstanding common shares. In May 2014, the
Corporation increased the repurchase program to $6.5 billion.
(c) Since initiation of the buyback program in August 2013, total shares repurchased through December 31, 2014 amounted to 62.7 million at a total cost of
$5.26 billion for an average cost per share of $83.93.