Market for Registrant’s Common Equity and Related
Shareholder Matters and Issuer Purchases of Equity
Securities
Our common stock is traded on the American Stock Exchange, Inc.
From January 1998 to November 1999 the stock was traded under
the symbol “CYP.” On November 17, 1999, we
changed our name to Questcor Pharmaceuticals, Inc. and the stock
began trading under the symbol “QSC.”
The following table sets forth, for the periods presented, the
high and low closing price per share of our common stock.
Common Stock
Closing Price
Quarter Ended
High
Low
December 31, 2004
$
0.57
$
0.40
September 30, 2004
0.84
0.38
June 30, 2004
0.95
0.77
March 31, 2004
1.09
0.70
December 31, 2003
0.92
0.60
September 30, 2003
1.00
0.75
June 30, 2003
1.20
0.75
March 31, 2003
1.34
0.78
The last sale price of our common stock on March 18, 2005
was $0.50. As of March 18, 2005 there were approximately
283 holders of record of our common stock.
We have never paid a cash dividend on our common stock. Our
dividend policy is to retain our earnings, if we achieve
positive earnings, and to support the expansion of our
operations. Our Board of Directors does not intend to pay cash
dividends on our common stock in the foreseeable future. Any
future cash dividends will depend on future earnings, capital
requirements, our financial condition and other factors deemed
relevant by our Board of Directors.
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