EX-13.1 4 dex131.txt EXHIBIT 13.1-MARKET FOR CORP'S COMMON SHARES Exhibit 13.1 2OO1 COGNOS ANNUAL REPORT COMMON SHARE INFORMATION -------------------------------------------------------------------------------- PRINCIPAL MARKETS The Toronto Stock Exchange and the Nasdaq National Market are the principal markets on which the Corporation's shares are traded. The Corporation's common shares were first listed on The Toronto Stock Exchange on August 21, 1986, on The Nasdaq Stock Market on July 1, 1987, and on Nasdaq's National Market on September 15, 1987. The stock symbol of the Corporation's common shares on The Toronto Stock Exchange is CSN and on Nasdaq is COGN. On April 6, 2000, the Board of Directors of the Corporation authorized a two-for-one stock split, effected in the form of a stock dividend. All historic information has been adjusted for the split. The following table sets forth the high and low sale prices, as well as the trading volume, for the common shares for the fiscal periods shown below:
----------------------------------------------------------------------------- Nasdaq National Market The Toronto Stock Exchange High Low Volume High Low Volume ----------------------------------------------------------------------------- Fiscal 2000 (US$) (US$) (000s) (Cdn$) (Cdn$) (000s) ------------------------------------------------------------------------------------------------------------------- First Quarter 12.938 9.750 13,625 18.88 14.88 9,465 Second Quarter 12.063 9.844 14,415 17.80 14.63 12,054 Third Quarter 19.188 9.688 19,314 28.00 14.30 13,575 Fourth Quarter 37.125 16.688 29,621 54.00 24.73 16,386 Fiscal 2001 ------------------------------------------------------------------------------------------------------------------- First Quarter 41.125 23.313 31,208 60.50 34.00 14,300 Second Quarter 46.500 35.375 24,729 67.00 52.60 11,639 Third Quarter 48.000 30.500 22,482 73.10 49.00 12,614 Fourth Quarter 40.875 16.000 34,771 62.90 25.25 20,858 Fiscal 2002 ------------------------------------------------------------------------------------------------------------------- First Quarter 24.770 13.938 15,734 38.30 22.00 12,153 (through April 20, 2001) -----------------------------------------------------------------------------
SHAREHOLDERS As of April 20, 2001, there were approximately 2,719 registered shareholders. DIVIDEND POLICY The Corporation has never declared or paid any cash dividends on its common shares. The Corporation's current policy is to retain its earnings to finance expansion and to develop, license, and acquire new software products, and to otherwise reinvest in the Corporation. P. 65