TO BE USED FOR THE CALCULATION OF ADJUSTED COST BASIS AS A RESULT OF STOCK
SPLITS AND DIVIDENDS FOR PARTICIPANTS IN THE STOCK PURCHASE PLAN PRIOR TO 1996
This chart reflects actual subscription price set by the Board of Directors
for each plan year;individual purchases may have been below the stated plan
price. Shareholders should consult personal records for actual purchase
prices.
EMPLOYEE STOCK SUBSCRIPTION PLAN
Employee stock subscription plan table
1947-48 |
$60.50 |
$1.31 |
1948-49 |
$60.21 |
$1.30 |
1949-50 |
$51.52 |
$1.11 |
1950-51 |
$51.31 |
$1.11 |
1951-52 |
$55.16 |
$1.19 |
1952-53 |
$50.00 |
$1.08 |
1953-54 |
$43.27 |
$0.93 |
1954-55 |
$45.38 |
$0.98 |
1955-56 |
$51.03 |
$1.10 |
1956-57 |
$53.31 |
$1.15 |
1957-58 |
$47.00 |
$1.01 |
1958-59 |
$38.64 |
$0.83 |
1959-60 |
$19.20 |
$0.41 |
Nov 1959 |
2-1/2 for 1 stock split
|
1960-61 |
$18.83 |
$1.02 |
1961-62 |
$17.00 |
$0.92 |
1962-63 |
$17.72 |
$0.96 |
1963-64 |
$19.24 |
$1.04 |
1964-65 |
$23.25 |
$1.25 |
1965-66 |
$25.09 |
$1.35 |
1966-67 |
$31.17 |
$1.68 |
1967-68 |
$35.75 |
$1.93 |
1968-69 |
$43.05 |
$2.32 |
1969-70 |
$47.48 |
$2.56 |
1970-71 |
$20.30 |
$1.09 |
1971-72 |
$28.50 |
$1.54 |
June 1971 |
2 for 1 stock split |
1972-73 |
$46.73 |
$5.04 |
Sept 1972 |
3% stock dividend |
1973-74 |
$35.50 |
$3.94 |
1974-75 |
$14.83 |
$1.65 |
1975-76 |
$17.88 |
$1.99 |
1976-77 |
$29.13 |
$3.24 |
1977-78 |
$23.59 |
$2.62 |
Aug 1978 |
3 for 2 stock split |
1978-79 |
$24.30 |
$4.05 |
1979-80 |
$27.20 |
$4.53 |
April 1980 |
2 for 1 stock split |
1980-81 |
$14.88 |
$4.96 |
1981-82 |
$14.24 |
$4.75 |
1982-83 |
$14.29 |
$4.76 |
1983-84 |
$17.69 |
$5.90 |
1984-85 |
$22.21 |
$7.40 |
1985-86 |
$25.45 |
$8.48 |
Aug 1986 |
3 for 2 stock split |
1986-87 |
$22.45 |
$11.23 |
1987-88 |
$30.65 |
$15.33 |
1988-89 |
$22.53 |
$11.27 |
1989-90 |
$33.10 |
$16.55 |
1990-91 |
$25.34 |
$12.67 |
1991-92 |
$35.17 |
$17.59 |
1992-93 |
$32.99 |
$16.50 |
1993-94 |
$35.59 |
$17.80 |
1994-95 |
$36.60 |
$18.30 |
April 1996 |
2 for 1 stock split |
1996 to Present |
New Stock Purchase Plan Begins
|