Juno 2013 Annual Report Download - page 35

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Table of Contents



Our common stock has been quoted on The Nasdaq Global Select Market ("NASDAQ") under the symbol "UNTD" since September 26, 2001.
Prior to that, NetZero common stock had been quoted on NASDAQ under the symbol "NZRO" since September 23, 1999. The following table sets
forth, for the quarters indicated, the high and low sales prices per share of our common stock as reported on the NASDAQ.
At March 7, 2014, there were 144 holders of record of our common stock.

United Online, Inc.'s Board of Directors declared quarterly cash dividends of $0.70 per share of common stock, as adjusted to reflect the one-for-
seven reverse stock split, in January, April, August, and October 2012. The dividends were paid on February 29, May 31, August 31, and
November 30, 2012 and totaled $9.3 million, $9.4 million, $9.4 million, and $9.4 million respectively, including dividend equivalents paid on nonvested
restricted stock units.
United Online, Inc.'s Board of Directors declared quarterly cash dividends of $0.70 per share of common stock, as adjusted to reflect the one-for-
seven reverse stock split, in January, April and July 2013. The dividends were paid on February 28, May 31 and August 30, 2013 and totaled
$9.4 million, $9.7 million and $9.7 million, respectively, including dividend equivalents paid on nonvested restricted stock units. In November 2013,
United Online, Inc.'s Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock. The dividends were paid on
November 29, 2013 and totaled $2.2 million, including dividend equivalents paid on nonvested restricted stock units.
In January 2014, we announced that United Online, Inc.'s Board of Directors determined to discontinue cash dividend payments in order to
provide financial flexibility to support anticipated long-term growth initiatives.

In May 2001, United Online, Inc.'s Board of Directors authorized a common stock repurchase program (the "Program") that allows us to
repurchase shares of our common stock through open market or privately negotiated transactions based on prevailing market conditions and other
factors. From time to time since then, the Board of Directors has increased the amount authorized for repurchase under this Program and has extended
the Program. From August 2001 through December 31, 2010, we had repurchased $150.2 million of our common stock under the Program,
34
 
   
First Quarter $ 6.02 $ 4.67 $ 6.69 $ 5.10
Second Quarter $ 4.98 $ 3.63 $ 7.81 $ 5.88
Third Quarter $ 5.85 $ 4.00 $ 8.90 $ 7.48
Fourth Quarter $ 5.85 $ 4.98 $ 19.48(2)$ 7.64(2)
(1) The stock prices in the table above, on or prior to November 1, 2013, the date of the FTD Spin-Off Transaction, have not
been adjusted for the impact of the FTD Spin-Off Transaction and reverse stock split.
(2) The stock prices beginning on November 1, 2013 reflect the impact of the FTD Spin-Off Transaction and one-for-seven
reverse stock split.