Joy Global 10-K 2009
Joy Global Inc. (the "Company") filed its Annual Report on Form 10-K for the year ended October 30, 2009 on December 22, 2009 (the "Original Form 10-K"). The Company is filing this Amendment No. 1 on Form 10-K/A to list its Preferred Stock Purchase Rights on the cover page and to revise Item 5 - "Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Securities" to include a performance graph setting forth cumulative total shareholder return over the five preceding fiscal years as compared to selected market and industry indices. The Original Form 10-K inadvertently omitted this information. In addition, this Amendment No. 1 corrects certain typographical errors.
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities
Our common stock is traded on the Nasdaq Global Select Market under the symbol “JOYG.” As of November 30, 2009, there were approximately 34,000 shareholders of record. The following table sets forth the high and low sales prices and dividend payments for our common stock during the periods indicated.
We did not make any purchases of our common stock, par value $1.00 per share, during the fourth quarter of fiscal 2009. Under our share repurchase program, management is authorized to repurchase up to $2.0 billion in shares of common stock in the open market or through privately negotiated transactions until December 31, 2011. The dollar amount of shares that may yet be purchased under the program is $883.4 million.
The following graph sets forth the cumulative total shareholder return, including reinvestment of dividends on a quarterly basis, on common stock during the preceding five years, as compared to the cumulative total returns of the Standard and Poor’s (“S&P”) 500 Composite Stock Index and the Dow Jones United States Commercial Vehicle Truck Index (“DJUSHR”). The DJUSHR was known as the Dow Jones U.S. Total Market Heavy Machinery Index until December 20, 2004. This graph assumes $100 was invested on November 2, 2003, in Common Stock, the S&P 500 Composite Stock Index, and the DJUSHR.
* Included on signature page of Form 10-K beginning on page F-52
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Milwaukee, Wisconsin, on the 23rd day of December 2009.
JOY GLOBAL INC.
/s/ Michael W. Sutherlin
Michael W. Sutherlin
And Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on December 23, 2009.