Item 5. Market for Registrant’s Common Stock  Related Stockholder Matters and Issuer Purchases of Equity Securities PART II The Company’s Common Stock is publicly traded on the New York Stock Exchange under the symbol DRQ. The following table sets forth the quarterly high and low sales prices of the Common Stock as reported on the New York Stock Exchange for the indicated quarters of fiscal 2014 and 2013. There were approximately 100 stockholders of record of the Company’s Common Stock as of December 31  2014. This number includes the Company’s employees and directors that hold shares  but does not include the number of security holders for whom shares are held in a “nominee” or “street” name. The Company has not paid any dividends in the past. The Company currently intends to retain any earnings for the future operation and development of its business and does not currently anticipate paying any dividends in the foreseeable future. The Board of Directors will review this policy on a regular basis in light of the Company’s earnings  financial position and market opportunities. Information concerning securities authorized for issuance under equity compensation plans is included in Note 12 of Notes to Consolidated Financial Statements. In June 2012  the Company announced that its Board of Directors authorized a stock repurchase plan under which the Company was authorized to repurchase up to $100 million of its common stock. In the fourth quarter of 2013  the Company repurchased and cancelled 85 840 shares at a total cost of $10 million. In the first half of 2014  the Company repurchased and cancelled 869 699 shares for $90 million. As of May 27  2014  the Company had repurchased the maximum amount authorized under the stock repurchase plan. On June 12  2014  the Company announced that its Board of Directors authorized an additional stock repurchase plan in which the Company was authorized to repurchase up to $100 million of its common stock. In the third quarter of 2014  the Company repurchased and cancelled 512 053 shares at an average price of $98.11 and a total cost of $50.2 million. In the fourth quarter of 2014 the Company repurchased and cancelled 639 550 shares at an average cost of $77.85 for a total cost of $49.8 million. As of December 24  2014  the Company had repurchased the maximum amount authorized under the stock repurchase plan. Activity for this plan for the three months ended December 31  2014 is detailed below: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of a Publicly Announced Plan or Program Maximum Dollar Value (in millions) of Shares that May Yet Be Purchased Under the Program October 1-31  2014 ................... — $ — — $49.8 November 1-30  2014 ................. 128 050 87.13 128 050 38.6 December 1-31  2014 .................. 511 500 75.53 511 500 — Total ............................... 639 550 $77.85 639 550 $ — Repurchase of Equity Securities Sales Price ($) 2014 2013 Quarter Ended High Low High Low March 31 ...................................... $112.86 $94.99 $ 88.12 $ 73.70 June 30 ........................................ 116.53 99.00 95.44 76.44 September 30 ................................... 110.23 88.98 115.56 89.97 December 31 ................................... $ 93.54 $69.38 $121.07 $104.52 27