TeleNav 2015 Annual Report Download - page 43

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Table of Contents
Not applicable.
PART II.
Our common stock began trading on the NASDAQ Global Market under the symbol “TNAV” on May 13, 2010. The following table sets
forth the range of high and low closing sales prices of our common stock for the periods indicated:
We had approximately 58 stockholders of record as of July 31, 2015. A substantially greater number of holders of our common stock are
“street name” or beneficial holders, whose shares are held by banks, brokers and other financial institutions. We have never declared or paid
dividends on our common stock and do not expect to pay dividends on our common stock for the foreseeable future. Instead, we anticipate that
all of our earnings in the foreseeable future will be used for the operation and growth of our business.
Unregistered Sales of Equity Securities and Use of Proceeds.
Not applicable.
STOCK PERFORMANCE GRAPH
This performance graph shall not be deemed “soliciting material” or to be “filed” with the Securities and Exchange Commission for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities under
that Section, and shall not be deemed to be incorporated by reference into any filing of Telenav, Inc. under the Securities Act or the Exchange
Act.
The following graph shows a comparison from May 13, 2010 (the date our common stock commenced trading on The NASDAQ
Global Market) through June 30, 2015 of cumulative total return for our common stock, the NASDAQ Composite Index and the Russell 3000
Index. Such returns are based on historical results and are not intended to suggest future performance. Data for the NASDAQ Composite Index
and the Russell 3000 Index assume reinvestment of dividends.
32
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Year ended June 30, 2015
High
Low
First Quarter
$
7.99
$
4.73
Second Quarter
$
7.22
$
5.83
Third Quarter
$
9.15
$
6.47
Fourth Quarter
$
9.76
$
7.93
Year ended June 30, 2014
High
Low
First Quarter
$
6.23
$
5.31
Second Quarter
$
7.28
$
5.97
Third Quarter
$
6.50
$
5.68
Fourth Quarter
$
6.50
$
5.26