Our common stock is traded on the NASDAQ Stock Market under the symbol MSFT. On July 27, 2009, there were 142,468 registered holders of record of our common stock. The high and low common stock sales prices per share were as follows:
Quarter Ended | Sep. 30 | Dec. 31 | Mar. 31 | June 30 | Year |
---|---|---|---|---|---|
Fiscal year 2009 | |||||
Common stock price per share: | |||||
High | $28.50 | $27.47 | $21.00 | $24.34 | $28.50 |
Low | $23.50 | $17.50 | $14.87 | $18.18 | $14.87 |
Fiscal year 2008 | |||||
Common stock price per share: | |||||
High | $31.84 | $37.50 | $35.96 | $32.10 | $37.50 |
Low | $27.51 | $29.29 | $26.87 | $27.11 | $26.87 |
On September 22, 2008, we announced the completion of the two repurchase programs approved by our Board of Directors during the first quarter of fiscal year 2007 to buy back up to $40.0 billion of Microsoft common stock. On September 22, 2008, we also announced that our Board of Directors approved a new share repurchase program authorizing up to $40.0 billion in share repurchases with an expiration date of September 30, 2013. As of June 30, 2009, approximately $34.5 billion remained of the $40.0 billion approved repurchase amount. All repurchases were made using cash resources. The repurchase program may be suspended or discontinued at any time without prior notice.
We repurchased the following shares of common stock under the above-described repurchase plans:
(In millions) |
Year Ended June 30, | ||||||
Shares | Amount | Shares | Amount | Shares | Amount | |
---|---|---|---|---|---|---|
First quarter | 223 | $5,966 | 81 | $(2,348 | 285 | $(6,965 |
Second quarter | 95 | 2,234 | 120 | 4,081 | 205 | 6,037 |
Third quarter | – | – | 30 | 1,020 | 238 | 6,744 |
Fourth quarter | – | – | 171 | 4,975 | 243 | 7,367 |
Total | 318 | $8,200 | 402 | $12,424 | 971 | $27,113 |
(a) | Of the 318 million shares of common stock repurchased in fiscal year 2009, 101 million shares were repurchased for $2.7 billion under the repurchase plan approved by our Board of Directors during the first quarter of fiscal year 2007. The remaining shares were repurchased under the repurchase plan approved by our Board of Directors on September 22, 2008. |
(b) | All shares repurchased in fiscal year 2008 were repurchased under the repurchase plan approved by our Board of Directors on July 20, 2006. |
(c) | Of the 971 million shares of common stock repurchased in fiscal year 2007, 155 million shares were repurchased for $3.8 billion under our tender offer in the first quarter of fiscal year 2007. The remaining shares were repurchased under the repurchase plan approved by our Board of Directors on July 20, 2006. |
In fiscal year 2009, our Board of Directors declared the following dividends:
Declaration Date | Dividend Per Share |
Record Date | Total Amount (in millions) |
Payment Date |
---|---|---|---|---|
September 19, 2008 | $0.13 | November 20, 2008 | $1,157 | December 11, 2008 |
December 10, 2008 | $0.13 | February 19, 2009 | $1,155 | March 12, 2009 |
March 9, 2009 | $0.13 | May 21, 2009 | $1,158 | June 18, 2009 |
June 10, 2009 | $0.13 | August 20, 2009 | $1,158 | September 10, 2009 |
In fiscal year 2008, our Board of Directors declared the following dividends:
Declaration Date | Dividend Per Share |
Record Date | Total Amount (in millions) |
Payment Date |
---|---|---|---|---|
September 12, 2007 | $0.11 | November 15, 2007 | $1,034 | December 13, 2007 |
December 19, 2007 | $0.11 | February 21, 2008 | $1,023 | March 13, 2008 |
March 17, 2008 | $0.11 | May 15, 2008 | $1,020 | June 12, 2008 |
June 11, 2008 | $0.11 | August 21, 2008 | $((998 | September 11, 2008 |
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among Microsoft Corporation, The S&P 500 Index
And The NASDAQ Computer Index
Total Cumulative Return* | ||||||
6/04 | 6/05 | 6/06 | 6/07 | 6/08 | 6/09 | |
Microsoft Corporation | 100.00 | 97.64 | 92.80 | 118.99 | 112.68 | 99.74 |
S&P 500 | 100.00 | 106.32 | 115.50 | 139.28 | 121.01 | 89.29 |
NASDAQ Computer | 100.00 | 100.87 | 101.08 | 127.78 | 117.51 | 98.39 |
* $100 invested on 6/30/03 in stock or index-including reinvestment of dividends.