Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
5K characters. Original on sec.gov · Markdown
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Effective at the open of business on August 23, 2018, our common stock was suspended from trading on the Nasdaq Global Select Market. Effective March 22, 2019, our common stock was delisted from the Nasdaq Global Select Market. Since the date our common stock was suspended from trading on the Nasdaq Global Select Market, our common stock has been quoted on the OTC Market and is currently traded under the symbol “SMCI.” Prior to the suspension, we had traded on the Nasdaq Global Select Market since March 29, 2007, and prior to that time there was no public market for our common stock.
The following table sets forth, for the periods indicated, the high and low sales closing prices of our Common Stock as reported by The Nasdaq Global Select Market. On March 31, 2019, the last reported bid price of our common stock on the OTC Markets was $21.13 per share. The OTC Markets quotations reflect inter-dealer prices, without retail mark-up, mark down or commission and may not represent actual transactions.
| High | Low | ||||||
| Fiscal Year 2016: | |||||||
| First Quarter | $ | 30.25 | $ | 24.24 | |||
| Second Quarter | $ | 31.82 | $ | 22.32 | |||
| Third Quarter | $ | 34.08 | $ | 21.52 | |||
| Fourth Quarter | $ | 34.49 | $ | 23.78 | |||
| High | Low | ||||||
| Fiscal Year 2017: | |||||||
| First Quarter | $ | 26.34 | $ | 19.02 | |||
| Second Quarter | $ | 29.00 | $ | 21.37 | |||
| Third Quarter | $ | 28.85 | $ | 24.60 | |||
| Fourth Quarter | $ | 25.25 | $ | 23.60 |
Holders
As of March 31, 2019, there were 31 registered stockholders of record of our common stock. Because most of our shares are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of beneficial stockholders represented by these holders of record.
Dividend Policy
We have never declared or paid cash dividends on our capital stock. We intend to retain any future earnings and do not expect to pay any dividends in the foreseeable future. Under the terms of the credit agreement with Bank of America, dated April 19, 2018, we cannot pay any dividends.
Equity Compensation Plan
Please see Part III, Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this report for disclosure relating to our equity compensation plans.
Stock Performance Graph
This performance graph shall not be deemed “soliciting material” or to be "filed" with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of Super Micro Computer, Inc. under the Securities Act of 1933, as amended, or the Exchange Act.
The following graph compares our cumulative five-year total stockholder return on our common stock with the cumulative return of the Nasdaq Computer Index and the Nasdaq Composite Index, which both included our common stock, for the comparable period.
The graph reflects an investment of $100 (with reinvestment of all dividends, if any) in our common stock, the Nasdaq Computer Index and the Nasdaq Composite Index, on June 30, 2012 and our relative performance tracked through June 30, 2017. The stockholder return shown on the graph below is not necessarily indicative of future performance, and we do not make or endorse any predictions as to future stockholder returns.

| 6/30/2012 | 6/30/2013 | 6/30/2014 | 6/30/2015 | 6/30/2016 | 6/30/2017 | |||||||||||||
| Super Micro Computer, Inc. | 100.00 | 67.09 | 159.33 | 186.51 | 156.68 | 155.42 | ||||||||||||
| Nasdaq Composite Index | 100.00 | 115.95 | 150.19 | 169.91 | 164.99 | 209.21 | ||||||||||||
| Nasdaq Computer Index | 100.00 | 102.24 | 142.18 | 157.55 | 159.77 | 217.77 |
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
None.
Previous: Item 4. Mine Safety Disclosures · Next: Item 6. Selected Financial Data