SanDisk 2014 Annual Report Download - page 112

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23FEB201514312279
been expended or the program is terminated by our Board of Directors. As of December 28, 2014, there was
$627 million remaining available for stock repurchases under the current program. On January 21, 2015, we
announced that our Board of Directors increased the current stock repurchase program by an additional
$2.5 billion.
(b) Does not include amounts paid for commissions.
Stock Performance Graph*
Five-Year Stockholder Return Comparison. The following graph compares the cumulative total
stockholder return on our common stock with that of the S&P 500, a broad market index published by
S&P, a selected S&P Semiconductor Index and the Philadelphia, or PHLX, Semiconductor Sector Index
for the five-year period ended December 28, 2014. These indices, which reflect formulas for dividend
reinvestment and weighting of individual stocks, do not necessarily reflect returns that could be achieved
by an individual investor.
The comparison for each of the periods assumes that $100 was invested on January 3, 2010 in our
common stock, the S&P 500, the S&P Semiconductor Index and the PHLX Semiconductor Sector Index,
and assumes all dividends are reinvested. For each reported year, the reported dates are the last trading
dates of our fiscal quarters (which end on the Sunday closest to March 31, June 30 and September 30,
respectively) and year (which ends on the Sunday closest to December 31).
SanDisk Corporation S&P 500 S&P Semiconductor Index PHLX Semiconductor Sector Index
2009 2010 2011 2012 20142013
$0
$50
$100
$150
$200
$250
$300
$350
$400
2009 2010 2011 2012 2013 2014
SanDisk Corporation .............. $ 100.00 $ 171.97 $ 169.72 $ 147.20 $ 244.00 $ 356.35
S&P 500 ...................... 100.00 112.78 112.78 125.77 165.13 187.32
S&P Semiconductor Index .......... 100.00 108.63 108.52 100.16 133.35 181.34
PHLX Semiconductor Sector Index .... 100.00 114.42 102.03 104.71 147.25 193.66
* The material in this section of this report is not deemed ‘‘filed’’ with the SEC and is not to be incorporated by reference
into any of our filings under the Securities Act of 1933 or the Securities Exchange Act of 1934 or subject to
Regulation 14A or 14C, whether made before or after the date hereof and irrespective of any general incorporation
language in any such filing.
42