2008 Concur Annual Report
Market Information
Market Information
Our common stock is traded on the NASDAQ Global Select Market under the symbol “CNQR”. The following tables set forth the range of the high and low closing prices by quarter as reported on the NASDAQ Global Select Market for the years ended September 30, 2008 and September 30, 2007.
| Year ended September 30, 2008 |
High
|
Low
|
| Fourth Quarter |
$48.45
|
$29.23
|
| Third Quarter |
$38.73
|
$28.21
|
| Second Quarter |
$37.90
|
$25.67
|
| First Quarter |
$39.35
|
$30.27
|
| Year ended September 30, 2007 |
High
|
Low
|
| Fourth Quarter |
$32.57
|
$22.13
|
| Third Quarter |
$22,85
|
$17.19
|
| Second Quarter |
$17.95
|
$14.49
|
| First Quarter |
$16.64
|
$14.16
|
On September 30, 2008, there were approximately 255 stockholders of record for our common stock. We have never paid cash dividends on our common stock. We currently intend to retain earnings for use in our business and, therefore, do not anticipate paying any cash dividends on our common stock in fiscal 2009.
Stock Performance
The following graph compares (i) the cumulative total stockholder return on the common stock from September 30, 2003 to September 30, 2008 (measured by the difference between closing prices on each such date) with (ii) the cumulative total return of the NASDAQ National Market Index and the NASDAQ Computer Index over the same period, assuming the investment of $100 in the common stock and in both of the other indices on September 30, 2003, and reinvestment of all dividends.
| Sept. 30, 2003 | Sept. 30, 2004 | Sept. 30, 2005 | Sept. 30, 2006 | Sept. 30, 2007 | Sept. 30, 2008 | |
| Concur Technologies | $100.00 | $89.35 | $105.37 | $123.94 | $268.48 | $325.89 |
| NASDAQ National Market Index | $100.00 | $106.23 | $121.26 | $127.87 | $151.34 | $119.32 |
| NASDAQ Computer & Data Processing Index | $100.00 | $101.50 | $116.34 | $127.66 | $152.71 | $127.28 |