|
(a) The Company’s Class A Common Stock is traded in the over-the-counter market and is quoted on The NASDAQ Stock Market under the trading symbol “BPUR.” There is no established public trading market for the Class B Common Stock.
The following table sets forth the high and low sale prices for the Class A Common Stock for each of the quarters in the two years ended October 31, 2001, as reported by The NASDAQ Stock Market. The quotations shown represent inter-dealer prices without adjustments for retail markups, markdowns or commissions, and may not necessarily reflect actual transactions.
High | Low | ||||||||
Year Ended October 31, 2000 | |||||||||
First Quarter | $ | 54.50 | $ | 9.00 | |||||
Second Quarter | 52.00 | 19.88 | |||||||
Third Quarter | 29.88 | 15.56 | |||||||
Fourth Quarter | 25.50 | 14.63 | |||||||
Year Ended October 31, 2001 | |||||||||
First Quarter | 28.25 | 17.25 | |||||||
Second Quarter | 27.48 | 10.63 | |||||||
Third Quarter | 32.70 | 19.46 | |||||||
Fourth Quarter | 26.50 | 16.25 |
As of December 31, 2001 there were 553 holders of record of the Class A Common Stock. The Company did not pay dividends on its Class A Common Stock during the two fiscal years ended October 31, 2001 and does not plan to pay dividends on its Class A Common Stock in the foreseeable future.
Warrants to purchase 20,976 shares of Class A Common Stock were exercised in the fourth quarter of fiscal 2001 for aggregate proceeds to the Corporation of $9,600. The Corporation relied on Section 4(2) of the Securities Act of 1933 and Regulation D under the Securities Act of 1933 in issuing shares upon the exercise of the warrants.
|
|
|
|