SanDisk 2011 Annual Report Download - page 100
Download and view the complete annual report
Please find page 100 of the 2011 SanDisk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
 |
 |
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
Market For Our Common Stock. Our common stock is traded on the NASDAQ Global Select Market, or
NASDAQ, under the symbol “SNDK.” The following table summarizes the high and low sale prices for our
common stock as reported by the NASDAQ.
High Low
2010
First quarter ....................................................... $ 36.25 $ 24.90
Second quarter ..................................................... 50.55 34.00
Third quarter ...................................................... 46.80 33.03
Fourth quarter ..................................................... 52.31 35.94
2011
First quarter ....................................................... $ 53.61 $ 41.10
Second quarter ..................................................... 51.15 38.79
Third quarter ...................................................... 46.47 32.24
Fourth quarter ..................................................... 53.46 37.63
Holders. As of February 1, 2012, we had approximately 325 stockholders of record.
Dividends. We have never declared or paid any cash dividends on our common stock and do not expect to
pay cash dividends on our common stock in the foreseeable future.
Issuer Purchases of Equity Securities. The table below summarizes information about our purchases of
equity securities registered pursuant to Section 12 of the Exchange Act during the three fiscal months ended
January 1, 2012.
Period
Total Number of
Shares Purchased(1)
Average Price Paid
per Share(2)
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans or
Programs(1)
Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Plans or
Programs(2)
October 3, 2011 to October 30,
2011 ..................... — $ — — $ 500,000,000
October 31, 2011 to
November 27, 2011 .........———500,000,000
November 28, 2011 to January 1,
2012 ..................... 81,800 49.36 81,800 495,962,434
Total ....................... 81,800 49.36 81,800
(1) On October 27, 2011, we announced a board-approved plan authorizing us to repurchase up to
$500.0 million of our common stock in the open market or otherwise through October 26, 2016.
(2) Does not include amounts paid for commissions.
36