Southwest Airlines 2006 Annual Report Download - page 31

Download and view the complete annual report

Please find page 31 of the 2006 Southwest Airlines 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.

Page out of 83

  • 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

PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity
Securities
Southwest’s common stock is listed on the New York Stock Exchange and is traded under the symbol LUV. The high
and low sales prices of the common stock on the Composite Tape and the quarterly dividends per share paid on the
common stock were:
Period Dividend High Low
2006
1st Quarter ................................................. $0.00450 $18.10 $15.51
2nd Quarter ................................................ 0.00450 18.20 15.10
3rd Quarter ................................................. 0.00450 18.20 15.66
4th Quarter ................................................. 0.00450 17.03 14.61
2005
1st Quarter ................................................. $0.00450 $16.45 $13.60
2nd Quarter ................................................ 0.00450 15.50 13.56
3rd Quarter ................................................. 0.00450 14.85 13.05
4th Quarter ................................................. 0.00450 16.95 14.54
As of December 31, 2006, there were 11,055 holders of record of the Company’s common stock.
The following table presents information with respect to purchases of Common Stock of the Company made during
the three months ended December 31, 2006 by the Company, or any “affiliated purchaser,” of the Company, as defined in
Rule 10b-18(a)(3) under the Exchange Act.
Issuer Purchases of Equity Securities
Period
Total Number of
Shares Purchased
Average Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs(1)
Maximum Number (or
Approximate Dollar
Value) of Shares
that May Yet Be
Purchased Under the
Plans or Programs
(1)
October 1, 2006 through
October 31, 2006 ........... — — — —
November 1, 2006 through
November 30, 2006 .......... 2,649,200 $15.92 2,649,200 $357,811,822
December 1, 2006 through
December 31, 2006 .......... 10,053,800 $15.70 10,053,800 $199,747,357
(1) On November 16, 2006, the Company publicly announced that its Board of Directors had authorized a share
repurchase program to acquire up to $400 million of the Company’s Common Stock.
12