Starbucks 2010 Annual Report Download - page 24

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PART II
Item 5. Market for the Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of
Equity Securities
SHAREHOLDER INFORMATION
MARKET INFORMATION AND DIVIDEND POLICY
Starbucks common stock is traded on NASDAQ, under the symbol “SBUX.”
The following table shows the quarterly high and low closing sale prices per share of Starbucks common stock as
reported by NASDAQ for each quarter during the last two fiscal years and the quarterly cash dividend declared per
share of our common stock during the periods indicated:
High Low
Cash Dividends
Declared
2010:
FourthQuarter........................................ $26.39 $22.82 $0.13
ThirdQuarter ........................................ 28.09 24.24 0.13
SecondQuarter ....................................... 25.56 21.70 0.10
FirstQuarter ......................................... 23.74 18.74 0.00
2009:
FourthQuarter........................................ $20.76 $12.97 $0.00
ThirdQuarter ........................................ 15.30 11.11 0.00
SecondQuarter ....................................... 12.39 8.27 0.00
FirstQuarter ......................................... 14.87 7.17 0.00
As of November 12, 2010, we had approximately 21,700 shareholders of record. This does not include persons
whose stock is in nominee or “street name” accounts through brokers.
Future decisions to pay cash dividends continue to be at the discretion of the Board of Directors and will be
dependent on our operating performance, financial condition, capital expenditure requirements, and other such
factors that the Board of Directors considers relevant.
ISSUER PURCHASES OF EQUITY SECURITIES
The following table provides information regarding repurchases of our common stock during the 14-week period
ended October 3, 2010:
Total
Number of
Shares
Purchased
Average
Price
Paid per
Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs
Maximum
Number of
Shares that May
Yet Be
Purchased
Under the Plans
or Programs(2)
Period(1)
June 28, 2010 — July 25, 2010 .................. 4,487,620 $24.97 4,487,620 10,095,392
July 26, 2010 — August 22, 2010 ................ 0 0 0 10,095,392
August 23, 2010 — October 3, 2010 .............. 0 0 0 10,095,392
Total ...................................... 4,487,620 $24.97 4,487,620
(1) Monthly information is presented by reference to our fiscal months during the fourth quarter of fiscal 2010.
(2) The share repurchase program is conducted under authorizations made from time to time by the Board of
Directors. The Board of Directors initially authorized the repurchase of 25 million shares of common stock
(publicly announced on May 3, 2007) and later authorized additional repurchases of up to 5 million additional
shares (publicly announced on January 30, 2008) and 15 million shares (publicly announced March 24, 2010).
These authorizations have no expiration date. Subsequent to year end, on November 15, 2010 we announced an
additional share repurchase authorization made by the Board of Directors in the amount of up to 10 million
shares in addition to the 10 million remaining under the previous programs.
18