STRYKER

Stryker 2015 FORM 10-K

Issue link: http://catalog.e-digitaleditions.com/i/647001

Contents of this Issue

Navigation

Page 8 of 40

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 2015 Quarter Mar 31 Jun 30 Sep 30 Dec 31 Dividends declared per share of common stock $ 0.345 $ 0.345 $ 0.345 $ 0.380 Market price of common stock: High $ 96.18 $ 97.94 $105.34 $100.51 Low $ 89.81 $ 90.19 $ 91.73 $ 90.30 2014 Quarter Mar 31 Jun 30 Sep 30 Dec 31 Dividends declared per share of common stock $ 0.305 $ 0.305 $ 0.305 $ 0.345 Market price of common stock: High $ 83.86 $ 86.93 $ 85.91 $ 98.24 Low $ 74.02 $ 75.78 $ 78.91 $ 77.87 Our Board of Directors considers payment of cash dividends at each of its quarterly meetings. On January 31, 2016 there were 3,116 shareholders of record of our common stock. In 2015 we repurchased 7.4 million shares at a cost of $700 under our repurchase programs. The manner, timing and amount of purchases is determined by management based on an evaluation of market conditions, stock price and other factors and is subject to regulatory considerations. Purchases are made from time to time in the open market, in privately negotiated transactions or otherwise. On December 31, 2015 the total dollar value of shares that could be purchased under our authorized repurchase programs was $1,883. Our repurchase program activity for the three months ended December 31, 2015 was: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plan Maximum Dollar Value of Shares that may yet be Purchased Under the Plan 10/1/2015-10/31/2015 0.9 $ 96.24 0.9 $ 2,052 11/1/2015-11/30/2015 0.8 96.49 0.8 1,974 12/1/2015-12/31/2015 1.0 93.78 1.0 $ 1,883 Total 2.7 $ 95.60 2.7 The following graph compares our total returns (including reinvestments of dividends) against the Standard & Poor's (S&P) 500 Index and the S&P 500 Health Care Index. The graph assumes $100 (not in millions) invested on December 31, 2010 in our common stock and each of the indices. Stryker Corporation S&P 500 Index S&P 500 Health Care Index COMPARISON OF CUMULATIVE FIVE YEAR TOTAL RETURN 300 250 200 150 100 50 Index Value 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 Period Ending Company / Index 2010 2011 2012 2013 2014 2015 Stryker Corporation $100.00 $93.88 $105.24 $146.59 $186.76 $186.80 S&P 500 Index $100.00 $102.11 $118.45 $156.82 $178.29 $180.75 S&P 500 Health Care Index $100.00 $112.73 $132.90 $188.00 $235.63 $251.87 STRYKER CORPORATION 2015 Form 10-K 7 Dollar amounts in millions except per share amounts or as otherwise specified.

Articles in this issue

view archives of STRYKER - Stryker 2015 FORM 10-K