PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information, Holders and Dividends
Our common stock began trading on the New York Stock Exchange on July 1, 1998.
The following table sets forth the range of the high and low sales prices of our common stock and the cash
dividends declared per share of common stock for the periods indicated:
Dividends
High Low Declared
2004
First Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $27.43 $24.50 $.06
Second QuarterÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 30.27 27.05 .06
Third Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 30.10 26.50 .12
Fourth Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 33.98 28.95 .12
2003
First Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $21.29 $18.25 $ Ì
Second QuarterÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 24.41 19.50 Ì
Third Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 24.75 21.77 .06
Fourth Quarter ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 26.09 22.15 .06
On February 17, 2005 the last reported sales price of our common stock was $31.02.
There were approximately 87 record holders of our common stock at February 16, 2005, which does not
include beneÑcial owners for whom Cede & Co. or others act as nominees.
In January 2005, our board of directors declared a regular quarterly dividend of $.12 per share for
stockholders of record on April 1, 2005. We expect to continue to pay quarterly cash dividends, and our board
of directors may consider increasing our quarterly cash dividends if we believe it will enhance stockholder
value.
From 2000 through 2004, our board of directors authorized the repurchase of up to $1,025.0 million of
our common stock. As of December 31, 2004, we paid $750.4 million to repurchase approximately
35.2 million shares of our common stock, of which approximately 9.6 million shares were acquired during 2004
for $266.1 million. As of December 31, 2004, we had $274.6 million remaining under our share repurchase
authorization.
We have the ability under our loan covenants to pay dividends and repurchase our common stock under
the condition that we are in compliance with the covenants. As of December 31, 2004, we were in compliance
with the Ñnancial covenants of our loan agreements.
The information required by Item 201(d) of Regulation S-K is included in Item 12 of Part III of this
Form 10-K.
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