IRM » Topics » Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

These excerpts taken from the IRM 10-K filed Feb 29, 2008.

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

        Our common stock is traded on the New York Stock Exchange, or NYSE, under the symbol "IRM." On December 7, 2006, our board authorized and approved a three-for-two stock split effected in the form of a dividend on our common stock. We issued the additional shares of common stock resulting from this stock dividend on December 29, 2006 to all stockholders of record as of the close of business on December 18, 2006.

        The following table sets forth the high and low sale prices on the NYSE, for the years 2006 and 2007, giving effect to such stock split:

 
  Sale Prices
 
  High
  Low
2006            
  First Quarter   $ 29.91   $ 26.29
  Second Quarter     27.24     22.91
  Third Quarter     29.48     22.64
  Fourth Quarter     29.72     27.03
2007            
  First Quarter   $ 29.23   $ 25.80
  Second Quarter     29.00     25.05
  Third Quarter     30.90     25.75
  Fourth Quarter     38.85     30.48

        The closing price of our common stock on the NYSE on February 15, 2008 was $33.84. As of February 15, 2008, there were 546 holders of record of our common stock. We believe that there are more than 79,000 beneficial owners of our common stock.

        The only dividends we have paid on our common stock during the last two years was the stock dividend paid in connection with the stock split referenced above. Our Board may retain future earnings, if any, for the development of our business and does not anticipate paying cash dividends on or repurchasing our common stock in the foreseeable future. Any determinations by our Board to pay cash dividends on our common stock in the future or repurchase our common stock will be based primarily upon our financial condition, results of operations and business requirements. The terms of our credit agreement and our indentures contain provisions permitting the payment of cash dividends and stock repurchases subject to certain limitations.

        There was no common stock repurchased or sales of unregistered securities for the fourth quarter ended December 31, 2007.

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.



        Our common stock is traded on the New York Stock Exchange, or NYSE, under the symbol "IRM." On December 7, 2006, our board authorized and approved a
three-for-two stock split effected in the form of a dividend on our common stock. We issued the additional shares of common stock resulting from this stock dividend on
December 29, 2006 to all stockholders of record as of the close of business on December 18, 2006.



        The
following table sets forth the high and low sale prices on the NYSE, for the years 2006 and 2007, giving effect to such stock split:



















































































































 
 Sale Prices
 
 High
 Low
2006      
 First Quarter $29.91 $26.29
 Second Quarter  27.24  22.91
 Third Quarter  29.48  22.64
 Fourth Quarter  29.72  27.03
2007      
 First Quarter $29.23 $25.80
 Second Quarter  29.00  25.05
 Third Quarter  30.90  25.75
 Fourth Quarter  38.85  30.48




        The
closing price of our common stock on the NYSE on February 15, 2008 was $33.84. As of February 15, 2008, there were 546 holders of record of our common stock. We believe
that there are more than 79,000 beneficial owners of our common stock.



        The
only dividends we have paid on our common stock during the last two years was the stock dividend paid in connection with the stock split referenced above. Our Board may retain future
earnings, if any, for the development of our business and does not anticipate paying cash dividends on or repurchasing our common stock in the foreseeable future. Any determinations by our Board to
pay cash dividends on our common stock in the future or repurchase our common stock will be based primarily upon our financial condition, results of operations and business requirements. The terms of
our credit agreement and our indentures contain provisions permitting the payment of cash dividends and stock repurchases subject to certain limitations.



        There
was no common stock repurchased or sales of unregistered securities for the fourth quarter ended December 31, 2007.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 29, 2008
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