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
Common Stock and Dividend Information
Our common stock is traded on the NASDAQ Global Select Market, which we refer to as the Nasdaq, under the symbol ODFL. At February 17, 2012, there were approximately 20,766 holders of our common stock, including 174 shareholders of record. We did not pay any dividends on our common stock during fiscal year 2011 or 2010, and we have no current plans to declare or pay any dividends on our common stock during fiscal year 2012. For information concerning restrictions on our ability to make dividend payments, see Liquidity and Capital Resources in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Note 2 in Item 8, “Financial Statements and Supplementary Data” of this report.
On July 30, 2010, our Board of Directors approved a three-for-two common stock split for shareholders of record as of the close of business on August 9, 2010. On August 23, 2010, those shareholders received one additional share of common stock for every two shares owned. In lieu of fractional shares, shareholders received a cash payment based on the average of the high and low sales prices of the common stock on the record date.
The following table sets forth the high and low sales price of our common stock for the periods indicated, as reported by the Nasdaq and as adjusted to give effect to the three-for-two stock split effected in August 2010:
| 2011 | ||||||||||||||||
| First Quarter | Second Quarter | Third Quarter | Fourth Quarter | |||||||||||||
| High | $ | 35.31 | $ | 38.47 | $ | 40.12 | $ | 41.60 | ||||||||
| Low | $ | 28.37 | $ | 33.62 | $ | 27.75 | $ | 27.40 |
| 2010 | ||||||||||||||||
| First Quarter | Second Quarter | Third Quarter | Fourth Quarter | |||||||||||||
| High | $ | 23.07 | $ | 25.89 | $ | 27.29 | $ | 32.24 | ||||||||
| Low | $ | 17.56 | $ | 21.02 | $ | 22.45 | $ | 24.36 |
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Performance Graph
The following graph compares the total shareholder cumulative returns, assuming the reinvestment of all dividends, of $100 invested on December 31, 2006, in (i) our common stock, (ii) the NASDAQ Trucking & Transportation Stocks and (iii) The NASDAQ Stock Market (US) for the five-year period ended December 31, 2011:

Cumulative Total Return
| 12/31/06 | 12/31/07 | 12/31/08 | 12/31/09 | 12/31/10 | 12/31/11 | |||||||||||||||||||
| Old Dominion Freight Line, Inc...................................................... | $ | 100 | $ | 96 | $ | 118 | $ | 128 | $ | 199 | $ | 253 | ||||||||||||
| NASDAQ Trucking & Transportation Stocks................................ | $ | 100 | $ | 107 | $ | 69 | $ | 81 | $ | 111 | $ | 94 | ||||||||||||
| The NASDAQ Stock Market (US).................................................. | $ | 100 | $ | 108 | $ | 66 | $ | 95 | $ | 113 | $ | 114 |
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