VRSN » Topics » Price Range of Common Stock

This excerpt taken from the VRSN 10-K filed Mar 3, 2009.

Price Range of Common Stock

 

Our common stock is traded on the NASDAQ Global Select Market under the symbol “VRSN.” The following table sets forth, for the periods indicated, the high and low sales prices per share for our common stock as reported by the NASDAQ Global Select Market:

 

     Price Range
     High    Low

Year ending December 31, 2009:

     

First Quarter (through February 27, 2009)

   $ 20.99    $ 16.89

Year ended December 31, 2008:

     

Fourth Quarter

   $ 25.91    $ 16.23

Third Quarter

     38.81      22.49

Second Quarter

     42.50      32.72

First Quarter

     38.06      30.14

Year ended December 31, 2007:

     

Fourth Quarter

   $ 41.96    $ 31.52

Third Quarter

     34.68      27.77

Second Quarter

     32.12      24.83

First Quarter

     26.78      22.92

 

On February 20, 2009, there were 871 holders of record of our common stock, although we believe there are approximately 91,105 beneficial owners since many brokers and other institutions hold our stock on behalf of stockholders. On February 27, 2009, the reported last sale price of our common stock was $19.33 per share as reported by the NASDAQ Global Select Market.

 

The market price of our common stock has been and is likely to continue to be highly volatile and significantly affected by factors such as:

 

   

general market and economic conditions and market conditions affecting technology and Internet stocks generally;

 

   

announcements of technological innovations, acquisitions or investments by us or our competitors;

 

   

developments in Internet governance; and

 

   

industry conditions and trends.

 

The market price of our common stock also has been and is likely to continue to be significantly affected by expectations of analysts and investors. Reports and statements of analysts do not necessarily reflect our views. To the extent we have met or exceeded analyst or investor expectations in the past does not necessarily mean that we will be able to do so in the future. In the past, securities class action lawsuits have often followed periods of volatility in the market price of a particular company’s securities. This type of litigation could result in substantial costs and a diversion of our management’s attention and resources.

 

We have never declared or paid any cash dividends on our common stock or other securities and we do not anticipate paying cash dividends in the foreseeable future. We currently intend to retain our earnings, if any, for stock repurchase programs designed to return value to our stockholders and minimize dilution from stock issuances, and for future growth of our core businesses. Information regarding our equity compensation plans may be found in Part III, Items 11 and 12, of this Form 10-K. See Note 11, “Stockholders’ Equity,” and Note 13, “Employee Benefits and Stock-Based Compensation,” of our Notes to Consolidated Financial Statements in Item 15 of this Form 10-K for further information regarding our equity compensation plans.

 

 

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This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Price Range of Common Stock

 

Our common stock is traded on the NASDAQ Global Select Market under the symbol “VRSN.” The following table sets forth, for the periods indicated, the high and low sales prices per share for our common stock as reported by the NASDAQ Global Select Market:

 

     Price Range
     High    Low

Year ending December 31, 2008:

     

First Quarter (through February 28, 2008)

   $ 38.06    $ 30.14

Year ended December 31, 2007:

     

Fourth Quarter

   $ 41.96    $ 31.52

Third Quarter

     34.68      27.77

Second Quarter

     32.12      24.83

First Quarter

     26.78      22.92

Year ended December 31, 2006:

     

Fourth Quarter

   $ 26.77    $ 19.90

Third Quarter

     23.27      15.95

Second Quarter

     25.45      20.91

First Quarter

     25.00      20.75

 

On January 31, 2008, there were 809 holders of record of our common stock; although we believe there are approximately 150,000 beneficial owners since many brokers and other institutions hold our stock on behalf of stockholders. On February 28, 2008, the reported last sale price of our common stock was $36.00 per share as reported by the NASDAQ Global Select Market.

 

The market price of our common stock has been and is likely to continue to be highly volatile and significantly affected by factors such as:

 

   

general market and economic conditions and market conditions affecting technology and Internet stocks generally;

 

   

announcements of technological innovations, acquisitions or investments by us or our competitors;

 

   

developments in Internet governance; and

 

   

industry conditions and trends.

 

The market price of our common stock also has been and is likely to continue to be significantly affected by expectations of analysts and investors. Reports and statements of analysts do not necessarily reflect our views. To the extent we have met or exceeded analyst or investor expectations in the past does not necessarily mean that we will be able to do so in the future. In the past, securities class action lawsuits have often followed periods of volatility in the market price of a particular company’s securities. This type of litigation could result in substantial costs and a diversion of our management’s attention and resources.

 

We have never declared or paid any cash dividends on our common stock or other securities and we do not anticipate paying cash dividends in the foreseeable future. We currently intend to retain our earnings, if any, for future growth. Information regarding our equity compensation plans may be found in Part III, Items 11 and 12, of this Form 10-K. See Note 11, “Stockholders’ Equity,” of our Notes to Consolidated Financial Statements for further information regarding our equity compensation plans.

 

 

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This excerpt taken from the VRSN 10-K filed Jul 12, 2007.

Price Range of Common Stock

 

VeriSign’s common stock is traded on the NASDAQ Global Select Market under the symbol “VRSN.” The following table sets forth, for the periods indicated, the high and low sales prices per share for our common stock as reported by the NASDAQ Global Select Market:

 

     Price Range
     High    Low

Year ended December 31, 2007:

     

Second Quarter

   $ 32.12    $ 24.83

First Quarter

     26.78      22.92

Year ended December 31, 2006:

     

Fourth Quarter

   $ 26.77    $ 19.90

Third Quarter

     23.27      15.95

Second Quarter

     25.45      20.91

First Quarter

     25.00      20.75

Year ended December 31, 2005:

     

Fourth Quarter

   $ 24.48    $ 19.01

Third Quarter

     30.99      20.29

Second Quarter

     33.36      24.65

First Quarter

     33.67      24.48

 

On June 29, 2007, there were 845 holders of record of our common stock; although we believe there are approximately 150,000 beneficial owners since many brokers and other institutions hold our stock on behalf of stockholders. On June 29, 2007, the reported last sale price of our common stock was $31.73 per share as reported by the NASDAQ Global Select Market.

 

The market price of our common stock has been and is likely to continue to be highly volatile and significantly affected by factors such as:

 

   

general market and economic conditions and market conditions affecting technology and Internet stocks generally;

 

   

announcements of technological innovations, acquisitions or investments by us or our competitors;

 

   

developments in Internet governance; and

 

   

industry conditions and trends.

 

The market price of our common stock also has been and is likely to continue to be significantly affected by expectations of analysts and investors. Reports and statements of analysts do not necessarily reflect our views. To the extent we have met or exceeded analyst or investor expectations in the past does not necessarily mean that we will be able to do so in the future. In the past, securities class action lawsuits have often followed periods of volatility in the market price of a particular company’s securities. This type of litigation could result in substantial costs and a diversion of our management’s attention and resources.

 

We have never declared or paid any cash dividends on our common stock or other securities and we do not anticipate paying cash dividends in the foreseeable future. We currently intend to retain our earnings, if any, for future growth. Information regarding our equity compensation plans may be found in Part III, Items 11 and 12, of this report. Further information regarding our equity compensation plans may be found in Note 11 “Stockholders’ Equity” in Item 15 of our Consolidated Financial Statements of this report.

 

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This excerpt taken from the VRSN 10-K filed Mar 13, 2006.

Price Range of Common Stock

 

VeriSign’s common stock is traded on the NASDAQ National Market under the symbol “VRSN.” The following table sets forth, for the periods indicated, the high and low sales prices per share for our common stock as reported by the NASDAQ National Market:

 

     Price Range

     High

   Low

Year ended December 31, 2006:

             

First Quarter (through February 28, 2006)

   $ 25.00    $ 20.75

Year ended December 31, 2005:

             

Fourth Quarter

   $ 24.48    $ 19.01

Third Quarter

     30.99      20.29

Second Quarter

     33.36      24.65

First Quarter

     33.67      24.48

Year ended December 31, 2004:

             

Fourth Quarter

   $ 36.09    $ 19.99

Third Quarter

     20.00      16.21

Second Quarter

     19.96      15.22

First Quarter

     21.09      14.94

 

On February 28, 2006, there were 942 holders of record of our common stock; although we believe there are in excess of 100,000 beneficial owners since many brokers and other institutions hold our stock on behalf of stockholders. On February 28, 2006, the reported last sale price of our common stock was $23.66 per share as reported by the NASDAQ National Market.

 

The market price of our common stock has been and is likely to continue to be highly volatile and significantly affected by factors such as:

 

    general market and economic conditions and market conditions affecting technology and Internet stocks generally;

 

    announcements of technological innovations, acquisitions or investments by us or our competitors;

 

    developments in Internet governance; and

 

    industry conditions and trends.

 

The market price of our common stock also has been and is likely to continue to be significantly affected by expectations of analysts and investors. Reports and statements of analysts do not necessarily reflect our views. To the extent we have met or exceeded analyst or investor expectations in the past does not necessarily mean that we will be able to do so in the future.

 

In the past, securities class action lawsuits have often followed periods of volatility in the market price of a particular company’s securities. This type of litigation could result in substantial costs and a diversion of our management’s attention and resources.

 

We have never declared or paid any cash dividends on our common stock or other securities and we do not anticipate paying cash dividends in the foreseeable future. We currently intend to retain our earnings, if any, for future growth.

 

 

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Information regarding our equity compensation plans may be found in the section captioned “Equity Compensation Plan Information” appearing in the definitive Proxy Statement to be delivered to stockholders in connection with the 2006 Annual Meeting of Stockholders which information is incorporated herein by reference. Further information regarding our equity compensation plans may be found in Note 11 to our Consolidated Financial Statements.

 

This excerpt taken from the VRSN 10-K filed Mar 16, 2005.

Price Range of Common Stock

 

VeriSign’s common stock is traded on the Nasdaq National Market under the symbol “VRSN.” The following table sets forth, for the periods indicated, the high and low sales prices per share for our common stock as reported by the Nasdaq National Market:

 

     Price Range

     High

   Low

Year ended December 31, 2005:

             

First Quarter (through February 28, 2005)

   $ 33.67    $ 24.48

Year ended December 31, 2004:

             

Fourth Quarter

   $ 36.09    $ 19.99

Third Quarter

     20.00      16.21

Second Quarter

     19.96      15.22

First Quarter

     21.09      14.94

Year ended December 31, 2003:

             

Fourth Quarter

   $ 17.55    $ 13.15

Third Quarter

     16.80      11.52

Second Quarter

     16.20      8.59

First Quarter

     11.21      6.55

 

On February 28, 2005, there were 997 holders of record of our common stock although we believe there are in excess of 100,000 beneficial owners since many brokers and other institutions hold our stock on behalf of stockholders. On February 28, 2005, the reported last sale price of our common stock was $27.42 per share as reported by the Nasdaq National Market. Information on our equity compensation plans may be found in the section captioned “Equity Compensation Plan Information” appearing in the definitive Proxy Statement to be delivered to stockholders in connection with the 2005 Annual Meeting of Stockholders which information is incorporated herein by reference.

 

The market price of our common stock has been and is likely to continue to be highly volatile and significantly affected by factors such as:

 

    general market and economic conditions and market conditions affecting technology and Internet stocks generally;

 

    announcements of technological innovations, acquisitions or investments by us or our competitors;

 

    developments in Internet governance; and

 

    industry conditions and trends.

 

The market price of our common stock also has been and is likely to continue to be significantly affected by expectations of analysts and investors. Reports and statements of analysts do not necessarily reflect our views. The fact that we have in the past met or exceeded analyst or investor expectations does not necessarily mean that we will do so in the future.

 

In the past, securities class action lawsuits have often followed periods of volatility in the market price of a particular company’s securities. This type of litigation could result in substantial costs and a diversion of our management’s attention and resources.

 

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We have never declared or paid any cash dividends on our common stock or other securities and we do not anticipate paying cash dividends in the foreseeable future. We currently intend to retain our earnings, if any, for future growth.

 

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