O'Reilly Auto Parts 2009 Annual Report Download - page 35

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21
PART II
Item 5. Market For Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
The Company’s stock is traded on The Nasdaq Global Select Market (“Nasdaq”) under the symbol “ORLY”. As of February 22,
2010, O’Reilly Automotive, Inc. had approximately 64,150 shareholders based on the number of holders of record and an estimate of
individual participants represented by security position listings. The Company’s common stock began trading on April 22, 1993. No
cash dividends have been declared since 1992, and we do not anticipate paying any cash dividends in the foreseeable future.
As a result of the death of Mr. Joe C. Greene, an independent Director of the Company’s Board of Directors, on May 8, 2009, the
Company received notice from Nasdaq that it was no longer in compliance with Nasdaq Listing Rule 5605 which requires that a
majority of the board of directors be comprised of independent directors. The company currently has eight directors, four of which
qualify as independent. In accordance with Nasdaq Listing Rule 5605(b)(1)(A), the Company has a “cure period” of until the next
annual shareholders’ meeting to regain compliance. To that end, on February 11, 2010, the Corporate Governance and Nominating
Committee of the Company’s Board of Directors nominated Thomas T. Hendrickson as an independent Class II Director. Mr.
Hendrickson will stand for election at the 2010 Annual Meeting of Shareholders.
The prices in the following table represent the high and low sales price for O’Reilly Automotive, Inc. common stock as reported by
The Nasdaq Global Select Market. During fiscal 2009, the Company made no purchases or repurchases of its common stock.
2009 2008
High Low High Low
First Quarter $ 35.63 $ 27.00 $ 32.68 $ 24.08
Second Quarter 38.85 35.08 30.50 22.32
Third Quarter 42.22 36.14 30.38 21.92
Fourth Quarter 40.26 33.68 31.18 20.00
For the Year 42.22 27.00 32.68 20.00
The following table sets forth shares authorized for issuance under the Company’s equity compensation plans at December 31, 2009:
Number of shares to be
issued upon exercise of
outstanding options,
warrants and rights
(a)
Weighted-average
exercise price of
outstanding options,
warrants and rights
(b)
Number of securities remaining
available for future issuance
under equity compensation plans
(excluding securities reflected in
column (a)).
Equity compensation plans approved
by shareholders 9,930
$26.57
10,459
Equity compensation plans not
approved by shareholders --
--
--
Total 9,930
$26.57
10,459
(a) Number of shares presented is in thousands.
(b) Includes weighted average exercise price of outstanding stock options.
The graph below shows the cumulative total stockholder return assuming the investment of $100, on December 31, 2004, and the
reinvestment of dividends thereafter, in the Company’s common stock versus the Nasdaq Retail Trade Stocks Total Return Index,
Nasdaq United States Stock Market Total Returns Index and the Standard and Poor’s S&P 500 Index (“S&P 500”). The Company
entered into the S&P 500 during 2009, therefore, this index has been added to the graph below.