Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
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Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Cooper's common stock, par value $0.10 per share, is traded on the New York Stock Exchange under the symbol “COO.” In the table that follows, we indicate the high and low selling prices of our common stock for each three-month period of 2014 and 2013:
| 2014 | 2013 | ||||||||||||||
| Quarterly Common Stock Price Range Years Ended October 31, | High | Low | High | Low | |||||||||||
| Fiscal Quarter Ended | |||||||||||||||
| January 31 | $ | 135.00 | $ | 118.58 | $ | 102.47 | $ | 88.80 | |||||||
| April 30 | $ | 145.34 | $ | 116.95 | $ | 110.85 | $ | 100.24 | |||||||
| July 31 | $ | 163.24 | $ | 127.02 | $ | 129.06 | $ | 105.71 | |||||||
| October 31 | $ | 166.52 | $ | 143.62 | $ | 135.41 | $ | 124.00 |
At November 30, 2014, there were 489 common stockholders of record.
Dividend Policy
Our current policy is to pay annual cash dividends on our common stock of $0.06 per share, in two semiannual payments of $0.03 per share each. In dollar terms, we paid cash for dividends of about $2.9 million in fiscal 2014 and $2.9 million in fiscal 2013. Dividends are paid when, as and if declared at the discretion of our Board of Directors from funds legally available for that purpose. Our Board of Directors periodically reviews our dividend policy and considers the Company's earnings, financial condition, liquidity needs, business plans and opportunities and other factors in making and setting dividend policy.
Performance Graph
The following graph compares the cumulative total return on the Company's common stock with the cumulative total return of the Standard & Poor's Smallcap 600 Stock Index and the Standard & Poor's Health Care Equipment Index for the five-year period ended October 31, 2014. The graph assumes that the value of the investment in the Company and in each index was $100 on October 31, 2009, and assumes that all dividends were reinvested.
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among The Cooper Companies, Inc., the S&P Smallcap 600 Index
and the S&P Health Care Equipment Index

*$100 invested on 10/31/09 in stock or index, including reinvestment of dividends. Fiscal year ending October 31.
Copyright© 2014 S&P, a division of The McGraw-Hill Companies Inc. All rights reserved.
| 10/09 | 10/10 | 10/11 | 10/12 | 10/13 | 10/14 | ||||||||||||||||||
| The Cooper Companies, Inc. | $ | 100.00 | $ | 176.43 | $ | 248.02 | $ | 343.79 | $ | 463.06 | $ | 587.64 | |||||||||||
| S&P Smallcap 600 | $ | 100.00 | $ | 126.27 | $ | 139.58 | $ | 158.56 | $ | 220.53 | $ | 241.03 | |||||||||||
| S&P Health Care Equipment | $ | 100.00 | $ | 104.00 | $ | 110.86 | $ | 126.57 | $ | 158.91 | $ | 197.97 |
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
During the three-month period ended October 31, 2014, we repurchased shares of our common stock as follows:
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Plans or Programs | ||||||||||
| 8/1/14 – 8/31/14 | — | $ | — | — | $ | 211,500,000 | ||||||||
| 9/1/14 – 9/30/14 | — | $ | — | — | $ | 211,500,000 | ||||||||
| 10/1/14 – 10/31/14 | 175,786 | $ | 146.64 | 175,786 | $ | 185,700,000 | ||||||||
| Total | 175,786 | 175,786 |
The transactions described in the table above represent the repurchase of the Company’s common stock on the New York Stock Exchange as part of the share repurchase program approved by the Company’s Board of Directors in December 2011 (2012 Share Repurchase Program). The program as amended in December 2012 and December 2013 provides authorization for a total of $500.0 million. Purchases under the 2012 Share Repurchase Program may be made from time-to-time on the open market at prevailing market prices or in privately negotiated transactions and are subject to a review of the circumstances in place at the time and will be made from time to time as permitted by securities laws and other legal requirements. This program has no expiration date and may be discontinued at any time. At October 31, 2014, the remaining repurchase authorization under the 2012 Share Repurchase Program was approximately $185.7 million.
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
Equity Compensation Plan Information
| Plan Category | Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights(1) (A) | Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (B) | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column A) (C) | ||
| Equity compensation plans approved by shareholders(2) | 1,922,603 | $63.32 | 1,696,162 | ||
| Equity compensation plans not approved by shareholders | — | — | — | ||
| Total | 1,922,603 | $63.32 | 1,696,162 |
(1) The amount of total securities to be issued under the Company's equity plans shown in Column A includes 598,667 Restricted Stock Units granted pursuant to the Company's equity plans. These awards allow for the distribution of shares to the grant recipient upon the completion of time-based holding periods and do not have an associated exercise price. Accordingly, these awards are not reflected in the weighted-average exercise price disclosed in Column B. Amounts in Column A do not reflect performance share awards without a final payout.
(2) Includes information with respect to the Second Amended and Restated 2007 Long-Term Incentive Plan for Employees of The Cooper Companies, Inc. (2007 Plan), which was approved by stockholders on March 16, 2011, and provides for the issuance of up to 5,230,000 shares of common stock, and the Second Amended and Restated 2006 Long Term Incentive Plan for Non-Employee Directors of The Cooper Companies, Inc. (the Directors’ Plan), which was approved by stockholders on March 16, 2011, and provides for the issuance of up to 950,000 shares of common stock. As of October 31, 2014, up to 1,507,591 shares of common stock may be issued pursuant to the 2007 Plan and 334,212 shares of common stock may be issued pursuant to the 2006 Directors’ Plan.
Also includes information with respect to the 1996 Long Term Incentive Plan for Non-Employee Directors (1996 Directors' Plan) and the Second Amended and Restated 2001 Long Term Incentive Plan (2001 Plan) of The Cooper Companies, Inc., which were originally approved by stockholders on March 21, 1996 and March 28, 2001. The 1996 Directors' Plan and 2001 Plan have expired by their terms, but up to 80,800 shares of common stock may be issued pursuant to awards that remain outstanding under these plans.
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
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