SanDisk 2012 Annual Report Download - page 140

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 for our two most recent fiscal years.
High Low
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
2012
First quarter ....................................................... $ 53.08 $ 45.43
Second quarter ..................................................... 50.07 30.99
Third quarter ...................................................... 46.99 32.08
Fourth quarter ..................................................... 46.84 38.47
Holders. As of February 1, 2013, we had approximately 293 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
December 30, 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)
Additional
Dollar Value of
Shares that May
Be Purchased
Under the Plans
or Programs(1)
Approximate
Dollar Value of
Shares that May
Yet Be Purchased
Under the Plans or
Programs(2)
October 1, 2012 to
October 28, 2012 ..... 400,000 $ 43.60 400,000 $ — $ 287,089,774
October 29, 2012 to
November 25, 2012 . . . 510,768 41.36 510,768 — 265,964,409
November 26, 2012 to
December 30, 2012 . . .———750,000,000 1,015,964,409
Total ................ 910,768 42.34 910,768
(1) On October 27, 2011, we announced a board-approved plan authorizing us to repurchase up to $500 million
of our common stock in the open market or otherwise. On December 20, 2012, we announced our board
approved an increase of $750 million to this repurchase plan, bringing the total amount authorized for stock
repurchases to $1.25 billion. This purchase plan will expire on October 26, 2016.
(2) Does not include amounts paid for commissions.
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