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
Stock Information: Price Range and Common Stock
Our Class A Common Stock is traded on The NASDAQ Stock Market under the symbol ZBRA. The following table shows the high and low trade prices for each fiscal quarter in 2015 and 2014, as reported by The NASDAQ Stock Market.
| 2015 | High | Low | 2014 | High | Low | |||||||||||||
| First Quarter | $ | 92.48 | $ | 74.40 | First Quarter | $ | 72.76 | $ | 52.61 | |||||||||
| Second Quarter | 119.47 | 88.41 | Second Quarter | 87.53 | 60.06 | |||||||||||||
| Third Quarter | 117.00 | 71.95 | Third Quarter | 86.02 | 72.10 | |||||||||||||
| Fourth Quarter | 83.02 | 63.92 | Fourth Quarter | 79.11 | 58.95 |
Source: The NASDAQ Stock Market
At February 22, 2016, the last reported price for the Class A Common Stock was $68.31 per share, and there were 157 registered stockholders of record for Zebra’s Class A Common Stock. In addition, we had approximately 24,950 stockholders who owned Zebra stock in street name.
Dividend Policy
Since our initial public offering in 1991, we have not declared any cash dividends or distributions on our capital stock. Zebra currently does not anticipate paying any cash dividends in the foreseeable future.
Treasury Shares
Zebra did not purchase shares of Zebra Class A Common Stock during 2015.
In November 2011, Zebra’s Board authorized the purchase of up to an additional 3,000,000 shares under the purchase plan program and the maximum number of shares that may yet be purchased under the program is 665,475. The November 2011 authorization does not have an expiration date.
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