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23
McKESSON CORPORATION
PART II
Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
(a) Market Information: The principal market on which the Company's common stock is traded is the New York Stock
Exchange (“NYSE”).
The following table sets forth the high and low sales prices for our common stock as reported on NYSE for each
quarterly period of the two most recently completed fiscal years:
2013 2012
High Low High Low
First quarter $94.47 $85.95 $ 87.32 $77.55
Second quarter $ 97.23 $ 84.65 $ 84.96 $ 70.86
Third quarter $100.00 $85.57 $ 85.70 $66.61
Fourth quarter $ 111.55 $ 96.67 $ 88.91 $ 74.89
(b) Holders: The number of record holders of the Company's common stock at March 31, 2013 was approximately 7,300.
(c) Dividends: In April 2011, the Company's quarterly dividend was raised from $0.18 to $0.20 per common share for
dividends declared after such date, until further action by the Company's Board of Directors (the “Board”). The
Company declared regular cash dividends of $0.80 per share (or $0.20 per share per quarter) in the years ended March
31, 2013 and 2012.
The Company anticipates that it will continue to pay quarterly cash dividends in the future. However, the payment
and amount of future dividends remain within the discretion of the Board and will depend upon the Company's future
earnings, financial condition, capital requirements and other factors.
(d) Securities Authorized for Issuance under Equity Compensation Plans: Information relating to this item is provided under
Part III, Item 12, to this Annual Report on Form 10-K.
(e) Share Repurchase Plans: Stock repurchases may be made from time-to-time in open market transactions, privately
negotiated transactions, through accelerated share repurchase (“ASR”) programs, or by any combination of such
methods. The timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors,
including our stock price, corporate and regulatory requirements, restrictions under our debt obligations and other market
and economic conditions.
In the first quarter of 2013, the Board authorized the repurchase of an additional $700 million of the Company's
common stock, bringing the total authorization outstanding to $1.0 billion.
During the first three quarters of 2013, we repurchased 3.8 million shares for $359 million through open market
transactions at an average price per share of $94.76.
In January 2013, the Board authorized the repurchase of an additional $500 million of the Company's common
stock, bringing the total authorization outstanding to $1.1 billion.
During the fourth quarter of 2013, we repurchased 6.2 million shares for $650 million through open market
transactions at an average price per share of $106.00. In addition, in March 2013, we entered into an ASR program with a
third party financial institution to repurchase $150 million of the Company's common stock. As of March 31, 2013, we
had received 1.2 million shares representing the minimum number of shares due under this program. This ASR program
was completed on April 17, 2013 and we received 0.2 million additional shares on April 22, 2013. The total number of
shares repurchased under this ASR program was 1.4 million shares at an average price per share of $107.63.