Issue link: http://catalog.e-digitaleditions.com/i/114936
PART II ITEM 5. MARKET FOR THE REGISTRANT���S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. Our common stock is traded on the New York Stock Exchange under the symbol SYK. Quarterly stock price and dividend information for the years ended December 31, 2012 and 2011 were as follows: Mar. 31 Dec. 31 Mar. 31 2011 Quarter Ended June 30 Sept. 30 Dec. 31 $0.2125 $0.2125 $0.2125 $ 0.265 $ 0.18 $ 0.18 $ 0.18 $0.2125 55.90 50.41 Dividends declared per share of common stock Market price of common stock: High Low 2012 Quarter Ended June 30 Sept. 30 57.14 49.43 56.79 50.05 56.75 51.60 65.20 53.50 64.61 56.58 60.64 43.73 51.13 44.56 Our Board of Directors considers payment of cash dividends at each of its quarterly meetings. On January 31, 2013, there were 4,236 shareholders of record of our common stock. In December 2012, 2011 and 2010, we announced that our Board of Directors had authorized us to purchase up to $405, $500 and $500, respectively, of our common stock (the 2012, 2011 and 2010 Repurchase Programs, respectively). Purchases are to be made from time to time in the open market, in privately negotiated transactions or otherwise. Under the 2010 Repurchase Program, we repurchased 2.1 million shares at a cost of $108 during 2012. We had not made any repurchases pursuant to the 2012 or 2011 Repurchase Programs at December 31, 2012. At December 31, 2012, the maximum dollar value of shares that may yet be purchased under the the authorized Repurchase Programs was $1,000. The following graph compares our total returns (including reinvestments of dividends) against the Standard & Poor���s (S&P) 500 Composite Stock Price Index and the S&P Health Care (Medical Products and Supplies) Index. The graph assumes $100 (not in millions) invested on December 31, 2007 in our Common Stock and each of the indices. Company / Index Stryker Corporation S&P 500 Index S&P 500 Health Care Index 9 2007 100.00 100.00 100.00 2008 2009 54.01 63.00 77.19 68.44 79.68 92.40 2010 73.84 91.68 95.08 2011 69.32 93.61 107.18 2012 77.71 108.59 126.35 Dollar amounts in millions except per share amounts or as otherwise specified