Corporate Headquarters Borders Group, Inc. 100 Phoenix Drive Ann Arbor, Michigan 48108 734-477-1100 Independent Auditors Ernst & Young LLP 500 Woodward Avenue Detroit, Michigan 48226 Registrar and Stock Transfer Agent EquiServe Trust Company, NA P.O. Box 2500 Jersey City, NJ 07303 800-446-2617 Common Stock The Company's Common Stock trades on the New York Stock Exchange under the symbol BGP. Annual Meeting Borders Group, Inc.'s annual meeting of stockholders will be held on May 22, 2003 at 11:30 a.m. Eastern time at: The Ritz-Carlton Fairlane Plaza 300 Towncenter Drive Dearborn, Michigan 48126 Stockholders' Inquiries For information about Borders Group, Inc. and its subsidiaries, including Annual Reports, Form 10-K and 10-Q documents and other available financial information, please send your request to: Borders Group, Inc. Investor Relations 100 Phoenix Drive Ann Arbor, Michigan 48108 Phone 734-477-1794 Fax 734-477-1517 Information can also be obtained via the Internet by visiting www.bordersgroupinc.com. |
Market Price for Common Stock The following table sets forth for the period indicated the high and low market prices for the Common Stock on the New York Stock Exchange.
As of March 27, 2003, there were approximately 3,720 holders of record of the Company's Common Stock. This number excludes individual stockholders holding stock under nominee security position listings. Dividends The Company has not declared any cash dividends, however, it intends to periodically assess cash dividends as a possible strategy to increase shareholder value. The declaration and payment of dividends, if any, is subject to the discretion of the Board of Directors of the Company and to certain limitations under the Michigan Business Corporation Act. In addition, the Company's ability to pay dividends is restricted by certain agreements to which the Company is a party. See "Management's Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources" in the Company's Form 10-K Annual Report for the fiscal year ended January 26, 2003 being delivered herewith. |