Obtain Priceline.coms 2009 10-K (remember, the 2009 10-K is filed with the SEC in early 2010) through

Question:

Obtain Priceline.com’s 2009 10-K (remember, the 2009 10-K is filed with the SEC in early 2010) through the ‘‘Investor Relations’’ portion of their website (do a web search for Priceline investor relations), or go to www.sec.gov and click ‘‘Search for Company Filings’’ under ‘‘Filings & Forms.’’

Required:
1. How many shares of are authorized, issued, and outstanding at December31, 2009?
2. What is Priceline.com’s policy? Why didn’t Priceline.com pay dividends to common stockholders in any of the three years shown?
3. What is the common stockholders’ equity at December 31, 2009 (in thousands)?
4. How many shares of treasury stock were held at the end of 2009?
5. Calculate the and stock repurchase payouts.
6. Taking the weighted average number of basic common shares outstanding from the EPS information at the bottom of the income statement, calculate the stockholder profitability ratios.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...