S taples stock is traded on the NASDAQ market and the ticker symbol is: SPLS.
Purchase of Staples, Inc. common s tock can be made through a Direct Stock Purchase Plan administered by Computershare. Contact Computershare at www.computershare.com/investor or (888) 875-9002 for more information.
The Company had its Initial Public Offering (I.P.O.) on April 27, 1989. 3,250,000 shares sold at $19.00 per share ($0.74 after adjusting for stock splits).
In 2005, Staples had its eighth stock split since the Initial Public Offering. For complete information, go to the Stock Splits section of this page.
The first annual cash dividend was $0.20 per outstanding share of our common stock ($0.133 post-split), paid on May 17, 2004 to all stockholders of record on April 26, 2004. Prior to that, we had never paid a cash dividend on our common stock. Beginning in Q1 2009 we transitioned to a quarterly cash dividend from an annual cash dividend.
it is our intention to continue to pay quarterly cash dividends, any decision to pay future cash dividends will be made by our Board of Directors and will depend upon our earnings, financial condition and other factors
Dividends on Staples, Inc. common stock may be automatically invested in additional shares. Contact Computershare Shareowner Services at www.computershare.com/investor or 888-875-9002 for more information.
In 2005, Staples had its eighth stock split since the Initial Public Offering. The dates and details of each split are noted in the table below:
The most recent split (3-for-2) was effective on April 15, 2005 at the close of trading.
In 2005, Staples had its eighth stock split since the company went public in April 1989. One original share now equals approximately 26 shares.
A 3-for-2 split means the investor will have 1.5 times as many shares for every share that he/she had before, at two-thirds of the market price. Here's an example: As of the effective date, if an investor owns 100 shares of SPLS and the market price is $30.00 per share, that investor's total value is $3,000.00. After the split, the investor will have 150 shares of stock, but the market price will be $20.00 per share. The investor's total investment value in SPLS remains the same at $3,000.00 until the stock price moves up or down.
The Record Date for the split was Tuesday, March 29, 2005.
The Effective Date for the split was Friday, April 15, 2005.
The Ex-Date, or Ex-Split date, for the split was Monday, April 18, 2005.
The Record Date
Determines which shareholders are entitled to receive additional shares due to the split. If you own shares on the record date, you will be entitled to receive the split shares if you still own the shares through the effective date. If you sell shares between the record date and the effective date, you will not receive additional shares as a result of the split. If you purchase shares between the record date and the effective date, you will receive additional shares (or if your shares are held by a brokerage firm, your broker will receive a "Due Bill" which will be exchanged for the additional shares after the effective date).
The Effective Date
If you own common stock shares through this date, you will be entitled to receive additional shares in connection with the stock split. This is also the date when holders of record or brokers are mailed notification of the shares subject to split by Mellon Investor Services (our stock transfer agent).
The Ex-split Date
Is the date when Staples common shares will trade on Nasdaq at the new split-adjusted price. Staples common shares purchased on this date will not receive additional shares in connection with the stock split.
Our stock transfer agent, Computershare Shareowner Services, mailed written notice to registered shareholders indicating their split-adjusted shares. If your stock is currently held in a brokerage account, the information was sent directly to your broker.
New certificates will only be mailed upon request. Computershare Shareowner Services mailed written notice to shareholders of record indicating their revised shareholdings on or about April 15, 2005 (the effective date) but you will not automatically receive share certificates. Most records of these types of transactions are now kept in a paperless fashion, so if you require physical stock certificates, you will need to make a special request. If your stock is currently held in a brokerage account, the information was sent directly to your broker.
If your Staples shares are deposited with a brokerage firm (not held in certificate form), they were split automatically on the effective date (April 15, 2005). You didn't need to do anything. Your broker saw to it that your Staples stock holdings were properly adjusted for the stock split. Your new split-adjusted balance appeared in your brokerage account on Monday, April 18, 2005.
If you currently hold stock in your name, you were notified at the address Computershare Shareowner Services, our stock transfer agent, has on file. To verify your address, please contact Staples Investor Relations at email@example.com or (800) 468-7751.
If your stock is currently held in a brokerage account, the additional shares were sent directly to your broker and then to your brokerage account. If this is the case, please call your broker directly if you need to verify your address.
You can reach Computershare Shareowner Services (Staples' stock transfer agent) by:
Phone: (888) 875-9002
Correspondence should be mailed to:
P.O. Box 505000
Louisville, KY 40233
Overnight correspondence should be sent to:
462 South 4th Street, Suite 1600
Louisville, KY 40202