1996 1995
1st 2nd 3rd 4th 1st 2nd 3rd 4th
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Operating Results
Net sales $6,955 $6,835 $6,498 $7,685 $6,011 $6,877 $6,851 $7,298
Gross profit 2,237 2,250 2,009 2,487 2,133 2,483 2,463 2,413
Net earnings 384 326 206 238 372 481 496 432
Net earnings as a percent of sales 5.5% 4.8% 3.2% 3.1% 6.2% 7.0% 7.2% 5.9%
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Per Share Data (1) (in dollars)
Primary net earnings per
common and common equivalent share $0.63 $0.54 $0.34 $0.39 $0.61 $0.80 $0.81 $0.72
Fully diluted net earnings per
common and common
equivalent share $0.63 $0.54 $0.34 $0.39 $0.61 $0.79 $0.81 $0.72
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Dividends declared $0.100 $0.120 $0.120 $0.120 $0.100 $0.100 $0.100 $0.100
Dividends paid $0.100 $0.100 $0.120 $0.120 $0.100 $0.100 $0.100 $0.100
Stock prices
High $59.00 $67.13 $68.50 $63.63 $64.75 $67.88 $82.50 $77.38
Low $45.00 $50.63 $46.75 $44.13 $53.00 $51.50 $66.75 $56.00
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The number of stockholders of record of Motorola common stock on January 31, 1997 was 71,410.