Northrop Grumman 2010 Annual Report Download - page 34

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities
(a) Market Information.
Our common stock is listed on the New York Stock Exchange.
The following table sets forth, for the periods indicated, the high and low closing sale prices of our
common stock as reported in the consolidated reporting system for the New York Stock Exchange
Composite Transactions:
2010 2009
January to March $65.78 to $55.63 $49.72 to $34.35
April to June $69.38 to $54.44 $50.54 to $43.98
July to September $60.63 to $54.10 $52.75 to $43.23
October to December $65.34 to $60.11 $56.84 to $49.59
(b) Holders.
The approximate number of common stockholders was 32,388 as of February 7, 2011.
(c) Dividends.
Quarterly dividends per common share for the most recent two years are as follows:
2010 2009
January to March $0.43 $0.40
April to June 0.47 0.43
July to September 0.47 0.43
October to December 0.47 0.43
$1.84 $1.69
Common Stock
We have 800,000,000 shares authorized at a $1 par value per share, of which 290,956,752 shares and
306,865,201 shares were outstanding as of December 31, 2010, and 2009, respectively.
Preferred Stock
We have 10,000,000 shares authorized at a $1 par value per share, of which no shares were issued and
outstanding as of December 31, 2010, and 2009.
On February 20, 2008, our board of directors approved the redemption of the 3.5 million shares of Series B
Convertible Preferred Stock on April 4, 2008. Substantially all of the preferred shares were converted into
common stock at the election of stockholders prior to the redemption date. All remaining non converted
shares were redeemed on the redemption date. We issued approximately 6.4 million shares of common stock
as a result of the conversion and redemption.
(d) Annual Meeting of Stockholders.
Our Annual Meeting of Stockholders will be held on May 18, 2011, in Chantilly, Virginia.
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NORTHROP GRUMMAN CORPORATION