Seagate 2007 Annual Report Download - page 38

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Table of Contents
PART II
ITEM 5.
MARKET FOR REGISTRANT
’
S COMMON SHARES, RELATED SHAREHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Our Chief Executive Officer has certified to the NYSE that he is unaware of any violation by the Company of the NYSE
’
s corporate
governance listing standards. On November 15, 2007, we submitted our Annual CEO Certification as required by Section 303A.12(a) of the
NYSE Listed Company Manual.
Market Information
Our common shares have traded on the New York Stock Exchange under the symbol “STX” since December 11, 2002. Prior to that time
there was no public market for our common shares. The high and low sales prices of our common shares, as reported by the New York Stock
Exchange, are set forth below for the periods indicated.
The closing price of our common shares as reported by the New York Stock Exchange on August 7, 2008 was $14.89 per share. As of
August 7, 2008 there were approximately 2,093 holders of record of our common shares. We did not sell any of our equity securities during
fiscal year 2008 that were not registered under the Securities Act of 1933, as amended.
Performance Graph
Price Range
Fiscal Quarter
High
Low
Quarter ended September 29, 2006
$
25.20
$
19.15
Quarter ended December 29, 2006
$
27.27
$
20.73
Quarter ended March 30, 2007
$
28.51
$
22.94
Quarter ended June 29, 2007
$
23.47
$
20.10
Quarter ended September 28, 2007
$
26.84
$
21.63
Quarter ended December 28, 2007
$
28.91
$
23.62
Quarter ended March 28, 2008
$
26.10
$
18.60
Quarter ended June 27, 2008
$
22.78
$
18.69
The performance graph below shows the cumulative total shareholder return on our common shares for the period starting on
December 11, 2002, which was the initial trading date of the common shares, to June 27, 2008. This is compared with the cumulative total return
of the Dow Jones US Computer Hardware Index and the Standard & Poor’s 500 Stock Index over the same period. The graph assumes that on
December 11, 2002, $100 was invested in our common shares and $100 was invested in each of the other two indices, with dividends reinvested
on the date of payment without payment of any commissions. Dollar amounts in the graph are rounded to the nearest whole dollar. The
performance shown in the graph represents past performance and should not be considered an indication of future performance.
Seagate Technology operates on a 52 or 53 week fiscal year which ends on the Friday closest to June 30. Accordingly, the last trading day
of Seagate Technology’s fiscal year may vary. Fiscal year 2006 was 52 weeks long and ended on June 30, 2006. Fiscal year 2007 was 52 weeks
long and ended on June 29, 2007. Fiscal year 2008 was 52 weeks long and ended on June 27, 2008.
37