Shutterfly 2011 Annual Report Download - page 28

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PART II
ITEM 5. MARKET FOR REGISTRANT’
S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES.
Shutterfly’s common stock has been traded on the NASDAQ Global Market under the symbol “SFLY”
since September 29, 2006. As of
February 4, 201 1 , there were approximately 78 stockholders
of record, excluding stockholders whose shares were held in nominee or street
name by brokers. We have never paid cash dividends on our capital stock. It is our present policy to retain earnings to finance the growth and
development of our business and, therefore, we do not anticipate paying any cash dividends in the foreseeable future.
The following table sets forth the high and low sales price per share for Shutterfly’s common stock for the periods indicated:
Purchases of Equity Securities of the Issuer and Affiliated Purchasers
Neither we nor any affiliated purchaser repurchased any of our equity securities in fiscal year 2010.
Table of Contents
Year Ended December 31, 2009
High
Low
First Quarter
$
9.92
$
5.62
Second Quarter
$
15.26
$
9.00
Third Quarter
$
18.13
$
11.68
Fourth Quarter
$
18.82
$
13.76
Year Ended December 31, 2010
High
Low
First Quarter
$
24.68
$
15.46
Second Quarter
$
25.70
$
19.39
Third Quarter
$
26.93
$
21.96
Fourth Quarter
$
36.69
$
23.79
24