Shareholder Value
(1) NCX peers include DOW, LYO, EMN from 1999-2006. In 2007, WLK was added and LYO was removed from the peer group.
SHARE PRICE PERFORMANCE: 1999-2007
From Jan. 1, 1999, through Dec. 31, 2007, NOVA Chemicals’ share price increased 148% on the New York Stock Exchange. This compares to an average increase of 28% in peer chemical companies’ share prices, and a 19% increase in the S&P 500.
SHARE PRICE PERFORMANCE: 2007
NOVA Chemicals’ share price increased 16% on the New York Stock Exchange during 2007. This compares to an average decrease of 6% in peer chemical companies’ share prices and a 4% increase in the S&P 500.
NOVA CHEMICALS’ SHARE HISTORY
| 2007 | 2006 | 2005 | ||||||||
| Dividends paid (Canadian $) | $ | 0.40 | $ | 0.40 | $ | 0.40 | ||||
| Market price (NYSE) (U.S. $) | ||||||||||
| High | $ | 41.79 | $ | 36.01 | $ | 52.20 | ||||
| Low | $ | 27.63 | $ | 26.61 | $ | 29.07 | ||||
| Close | $ | 32.40 | $ | 27.90 | $ | 33.40 | ||||
| Market price (TSX) (Canadian $) | ||||||||||
| High | $ | 43.70 | $ | 41.25 | $ | 64.25 | ||||
| Low | $ | 30.13 | $ | 29.50 | $ | 36.65 | ||||
| Close | $ | 32.27 | $ | 32.50 | $ | 38.81 | ||||
| Common dividend yield | 1.2 | % | 1.2 | % | 1.0 | % | ||||
| Shares outstanding | ||||||||||
| Year-end (millions) | 83 | 83 | 83 | |||||||
| Average (millions) | 84 | 83 | 83 | |||||||
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The NOVA Chemicals Annual Report is printed using recycled paper made from fiber sourced for well-managed forests and other controlled wood sources. The paper contains a mix of pulp that is derived from FSC certified forests, post consumer recycled paper fibers and other controlled sources. This annual report is certified by Smartwood to the FSC standards which promotes environmentallyappropriate, socially beneficial and economically viable management of the world's forests. Portions of this report are Green Sealedapproved and Green Power Certified. | |
