Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities<br />
(a) <strong>Corning</strong> Incorporated common stock is listed on the New York Stock Exchange. In addition, it is traded on the Boston, Midwest,<br />
Pacific and Philadelphia stock exchanges. Common stock options are traded on the Chicago Board Options Exchange. The<br />
abbreviated ticker symbol for <strong>Corning</strong> Incorporated is “GLW.”<br />
The following table sets forth the high and low sales price of <strong>Corning</strong>’s common stock as reported on the Composite Tape.<br />
First<br />
Quarter<br />
Second<br />
Quarter<br />
Third<br />
Quarter<br />
Fourth<br />
Quarter<br />
<strong>2007</strong><br />
Price range<br />
High $23.33 $26.67 $27.25 $26.80<br />
Low<br />
2006<br />
Price range<br />
$18.12 $22.43 $21.47 $20.85<br />
High $28.28 $29.61 $24.90 $25.57<br />
Low $19.35 $20.39 $17.50 $18.62<br />
As of December 31, <strong>2007</strong>, there were approximately 24,500 record holders of common stock and approximately 630,450 beneficial<br />
shareholders.<br />
On July 18, <strong>2007</strong>, <strong>Corning</strong>’s Board of Directors declared a quarterly cash dividend of $0.05 per share on the Company’s common<br />
stock that was paid in September <strong>2007</strong> to holders of record on August 29, <strong>2007</strong>. On October 3, <strong>2007</strong>, <strong>Corning</strong>’s Board of Directors<br />
declared a quarterly cash dividend of $0.05 per share on the Company’s common stock that was paid in December <strong>2007</strong> to holders of<br />
record on November 15, <strong>2007</strong>.<br />
Equity Compensation Plan Information<br />
The following table shows the total number of outstanding options and shares available for other future issuances of options under all<br />
of our existing equity compensation plans, including our 2005 Employee Equity Participation Program, our 2003 Equity Plan for<br />
Non-Employee Directors and our 2002 Worldwide Employee Share Purchase Plan as of December 31, <strong>2007</strong>.<br />
Plan Category<br />
A B C<br />
Securities To Be<br />
Issued Upon Exercise<br />
of Outstanding<br />
Options, Warrants<br />
and Rights<br />
Weighted-<br />
Average<br />
Exercise Price<br />
of Outstanding<br />
Options,<br />
Warrants<br />
and Rights<br />
Number of Securities<br />
Remaining Available<br />
for Future Issuance<br />
Under Equity<br />
Compensation<br />
Plans (excluding<br />
securities reflected<br />
in Column A)<br />
Equity Compensation Plans Approved by Security Holders (1) 88,010,294 $26.44 89,658,530<br />
Equity Compensation Plans Not Approved by Security Holders 0 $ 0.00 0<br />
Total 88,010,294 $26.44 89,658,530<br />
(1) Shares indicated are total grants under the most recent shareholder approved plans as well as any shares remaining outstanding from any prior shareholder<br />
approved plans.<br />
17
Change language