|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
ABII » Topics » Item 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIESThis excerpt taken from the ABII 10-K filed Mar 12, 2010. Item 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market for Common Stock Our common stock is listed and traded on The NASDAQ Global Market under the symbol ABII. Regular-way trading of our common stock commenced on November 14, 2007, the day after our separation from Old Abraxis. The following table sets forth the prices for our common stock as reported by NASDAQ for fiscal years 2009 and 2008:
As of February 26, 2010, there were approximately 68 stockholders of record of our common stock and the closing price of our stock as reported by NASDAQ on that date was $32.35. Dividend Policy We have never declared or paid a cash dividend and we have no current intention of paying cash dividends. We currently anticipate that we will retain future earnings to support our growth strategy. We do not anticipate paying regular cash dividends on our common stock in the foreseeable future Issuer Purchases of Equity Securities We did not repurchase any of our equity securities during the fourth quarter of 2009. Securities Authorized for Issuance under Equity Compensation Plans Please see Part III, Item 12 of this Annual Report on Form 10-K for disclosure relating to our equity compensation plans. Such information is incorporated by reference from our Proxy Statement for our 2010 Annual Meeting of Stockholders.
36
Table of ContentsPerformance Graph Notwithstanding anything to the contrary set forth in any of our previous filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, that might incorporate future filings, including this Annual Report of Form 10-K, in whole or in part, the following graph shall not be deemed to be incorporated by reference into any such filings. The following graph compares the percentage change in the cumulative total stockholder return on our common stock as compared with the NASDAQ Pharmaceutical Index and the NASDAQ stock market (U.S. Index). The comparison assumes an investment of $100 on November 14, 2007 (the date on which our common stock first began to be publicly traded) in our common stock and in each of the foregoing indices, and assumes reinvestment of dividends, of which we paid none. The stock performance shown on the graph below is not necessarily indicative of future price performance. Abraxis BioScience, Inc. NASDAQ Pharmaceutical Index NASDAQ Stock Market (U.S. Index)
37
Table of ContentsThis excerpt taken from the ABII 10-K filed Mar 6, 2009. Item 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market for Common Stock Our common stock is listed and traded on The Nasdaq Global Market under the symbol ABII. Regular-way trading of our common stock commenced on November 14, 2007, the day after our separation from Old Abraxis. The following table sets forth the prices for our common stock as reported by NASDAQ for fiscal years 2008 and 2007:
(a) No trading occurred prior to November 14, 2007. Figures for the quarter ended December 31, 2007 are as reported on Nasdaq between November 14, 2007 and December 31, 2007. As of February 24, 2009, there were approximately 70 stockholders of record of our common stock and the closing price of our stock as reported by NASDAQ on that date was $73.01. Dividend Policy We have never declared or paid a cash dividend and we have no current intention of paying cash dividends. We currently anticipate that we will retain future earnings to support our growth strategy. We do not anticipate paying regular cash dividends on our common stock in the foreseeable future Issuer Purchases of Equity Securities We did not repurchase any of our equity securities during the fourth quarter of 2008. Securities Authorized for Issuance under Equity Compensation Plans Please see Part III, Item 12 of this Annual Report on Form 10-K for disclosure relating to our equity compensation plans. Such information is incorporated by reference from our Proxy Statement for our 2009 Annual Meeting of Stockholders.
36
Table of ContentsPerformance Graph Notwithstanding anything to the contrary set forth in any of our previous filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, that might incorporate future filings, including this Annual Report of Form 10-K, in whole or in part, the following graph shall not be deemed to be incorporated by reference into any such filings. The following graph compares the percentage change in the cumulative total stockholder return on our common stock as compared with the NASDAQ Pharmaceutical Index and the NASDAQ stock market (U.S. Index). The comparison assumes an investment of $100 on November 14, 2007 (the date on which our common stock first began to be publicly traded) in our common stock and in each of the foregoing indices, and assumes reinvestment of dividends, of which we paid none. The stock performance shown on the graph below is not necessarily indicative of future price performance. Abraxis BioScience, Inc. NASDAQ Pharmaceutical Index NASDAQ Stock Market (U.S. Index)
37
Table of ContentsThese excerpts taken from the ABII 10-K filed Mar 31, 2008. Item 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market for Common Stock Our common stock is listed and traded on The Nasdaq Global Market under the symbol ABII. Regular-way trading of our common stock commenced on November 14, 2007, the day after our separation from Old Abraxis. The low and high prices of our common stock between November 14, 2007 and December 31, 2007 as reported on Nasdaq were $38.15 and $71.72, respectively. As of March 20, 2008, there were approximately 75 stockholders of record of our common stock and the closing price of our stock as reported by the NASDAQ on that date was $61.05. Dividend Policy We have never declared or paid a cash dividend and we have no current intention of paying cash dividends. We currently anticipate that we will retain future earnings to support our growth strategy. We do not anticipate paying regular cash dividends on our common stock in the foreseeable future Issuer Purchases of Equity Securities We did not repurchase any of our equity securities during the fourth quarter of 2007.
41
Table of Contents
SIZE="2">Market for Common Stock Our common stock is listed and traded on The Nasdaq Global Market under the symbol As of March 20, 2008, there were approximately 75 stockholders of record of Dividend Policy STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">We have never declared or paid a cash dividend and we have no current intention of paying cash dividends. We currently anticipate that we will retainfuture earnings to support our growth strategy. We do not anticipate paying regular cash dividends on our common stock in the foreseeable future Issuer We did not repurchase any of our equity securities during the fourth quarter of 2007. STYLE="margin-top:0px;margin-bottom:0px">41 Table of Contents | EXCERPTS ON THIS PAGE:
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||