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QUARTERLY STOCK PRICE INFORMATION AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on The NASDAQ Stock Market under the symbol MSFT. On August 15, 2005, there were 149,668 registered holders of record of our common stock. The high and low common stock prices per share were as follows:
Quarter Ended |
Sep. 30 |
 |
Dec. 31 |
 |
Mar. 31 |
 |
June 30 |
 |
Year |
 |
Fiscal year 2004 |
Common stock price per share: |
High |
$29.96 |
|
$29.35 |
|
$28.80 |
|
$28.57 |
|
$29.96 |
Low |
25.54 |
|
25.10 |
|
24.15 |
|
25.08 |
|
24.15 |
 |
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Fiscal year 2005 |
|
|
|
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Common stock price per share: |
|
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|
|
|
|
|
|
|
High |
$29.00 |
|
$29.98 |
|
$26.84 |
|
$26.07 |
|
$29.98 |
Low |
26.88 |
|
26.53 |
|
23.92 |
|
24.12 |
|
23.92 |
In September 2003, our Board of Directors declared a common stock dividend of $0.16 per share, which was paid in November 2003. That was the only dividend declared or paid in fiscal year 2004. See Note 12 – Stockholders’ Equity of the Notes to Financial Statements for information regarding dividends approved by our Board of Directors in fiscal year 2005.
On July 20, 2004, our Board of Directors approved a plan to buy back up to $30 billion in Microsoft common stock over four years. The specific timing and amount of repurchases will vary based on market conditions, securities law limitations, and other factors. The repurchases will be made using our cash resources. The repurchase program may be suspended or discontinued at any time without prior notice. We repurchased common stock in each quarter of fiscal year 2005 as follows:
Period |
Total number of
shares purchased |
 |
Average price
paid per share |
July 1, 2004 – September 30, 2004 |
22,826,608 |
|
$27.38 |
October 1, 2004 – December 31, 2004 |
23,595,280 |
|
27.75 |
January 1, 2005 – March 31, 2005 |
95,122,446 |
|
25.44 |
April 1, 2005 – June 30, 2005 |
170,656,770 |
|
25.21 |
Common stock repurchases in the fourth quarter of fiscal year 2005 were as follows:
Period |
(a) Total number
of shares
purchased |
|
(b) Average
price paid per
share |
|
(c) Total number of
shares purchased as
part of publicly
announced plans or
programs |
|
(d) Maximum number of shares
(or approximate dollar value)
of shares that may yet be
purchased under the plans or
programs (in millions) |
April 1, 2005 – April 30, 2005 |
55,331,155 |
|
$24.77 |
|
55,331,155 |
|
$24,930 |
May 1, 2005 – May 31, 2005 |
60,679,509 |
|
25.49 |
|
60,679,509 |
|
23,384 |
June 1, 2005 – June 30, 2005 |
54,646,106 |
|
25.35 |
|
54,646,106 |
|
21,998 |
|
170,656,770 |
|
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|
170,656,770 |
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