Rayovac 2010 Annual Report Download - page 47

PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
SB Holdings is a global consumer products company and was created in connection with the combination of
Spectrum Brands and Russell Hobbs to form a new combined company, on June 16, 2010. SB Holdings’
common stock (the “SBH Common Stock”) is traded on the NYSE under the symbol “SPB.” Prior to June 16,
2010, Spectrum Brands’ common stock was traded on the NYSE under the symbol “SPB.” The SBH Common
Stock has a par value of $0.01 per share.
The common stock of reorganized Spectrum Brands (the “New Common Stock”) began quotation on the
OTC Bulletin Board and the Pink Sheet Electronic Quotation Service under the symbol “SPEB” on September 2,
2009. The New Common Stock began trading on the NYSE under the new ticker symbol “SPB” on March 18,
2010. In connection with the consummation of the Merger, the New Common Stock was delisted from the NYSE
and the SBH Common Stock succeeded to its listing status under the symbol “SPB.”
As of December 10, 2010, there were approximately 21 holders of record based upon data provided by the
transfer agent for the SBH Common Stock. We believe the number of beneficial holders of our New Common
Stock is significantly in excess of this amount. The transfer agent for the SBH Common Stock is Mellon Investor
Services LLC.
The following table sets forth the reported high and low bid prices per share of (i) for the period from
August 30, 2009 through March 17, 2010, the New Common Stock as reported on the Pink Sheet Electronic
Quotation Service; (ii) for the period from March 18, 2010 through June 15, 2010, the New Common Stock as
reported on the NYSE Composite Transaction Tape; and (iii) for the period from June 16, 2010, the SBH
Common Stock thereafter as reported on the NYSE Composite Transaction Tape since March 18, 2010 for the
fiscal period indicated:
High Low
Fiscal 2010
Quarter ended September 30, 2010 ...................................... $29.88 $22.86
Quarter ended July 4, 2010 ............................................ $30.95 $23.70
Quarter ended April 4, 2010 ........................................... $33.00 $22.00
Quarter ended January 3, 2010 ......................................... $23.50 $21.05
Fiscal 2009
Quarter ended September 30, 2009 (from August 30 through September 30,
2009) ........................................................... $25.00 $12.50
From November 21, 1997, the day the Old Common Stock commenced trading, to December 22, 2008, our
common stock, par value $0.01 per share (the “Old Common Stock”) was traded on the NYSE under the symbol
“SPC.”
On December 15, 2008, we were advised that our Old Common Stock would be suspended from trading on
the NYSE prior to the opening of the market on December 22, 2008. We were advised that the decision to
suspend our Old Common Stock was reached in view of the fact that we had recently fallen below the NYSE’s
continued listing standard regarding average global market capitalization over a consecutive 30 trading day
period of not less than $25 million, the minimum threshold for listing on the NYSE. Our Old Common Stock was
delisted from the NYSE effective January 23, 2009. Our Old Common Stock was then quoted on the Pink Sheet
Electronic Quotation Service under the symbol “SPCB” until August 28, 2009 when the Old Common Stock was
cancelled pursuant to the Plan in our Chapter 11 reorganization.
37