Description of Common Stocks
Watson Wyatt has class A common stock. Each share of class A common stock held is entitled to one vote on all matters submitted to a vote of stockholders. The class A common stock is freely transferable, except for certain shares held by approximately 20 employees who are parties to stock transfer agreements.
Common Stock Listing for Class A Shares
New York Stock Exchange
NASDAQ
Trading Symbol: WW
Common Stock Price
The price of Watson Wyatt’s class A common stock as of October 1, 2009, was $42.73 per share.
RANGES OF CLOSING PRICES IN FISCAL 2009 OF WATSON WYATT’S CLASS A COMMON STOCK
 |
 |
|
| First Quarter | $ 59.80 | $ 48.45 |
| Second Quarter | $ 48.23 | $ 33.47 |
| Third Quarter | $ 50.43 | $ 42.81 |
| Fourth Quarter | $ 53.36 | $ 36.72 |
Other Certifications
In accordance with the rules of the New York Stock Exchange, the chief executive officer submitted the required annual certifications to the NYSE regarding the NYSE’s corporate governance listing standards. Watson Wyatt’s Form 10-K for its fiscal year that ended June 30, 2009, as filed with the U.S. Securities and Exchange Commission, includes the certifications of Watson Wyatt’s chief executive officer and chief financial officer required by section 302 of the Sarbanes-Oxley Act of 2002.
Corporate Headquarters
Watson Wyatt Worldwide, Inc.
901 N. Glebe Road
Arlington, VA 22203
USA
watsonwyatt.com
Transfer Agent and Common Stock Registrar
American Stock Transfer & Trust Company
59 Maiden Lane
New York, NY 10038
USA
Independent Auditors
Deloitte & Touche LLP
1750 Tysons Boulevard
McLean, VA 22102
USA
SEC Form 10-K
Shareholders may obtain, without charge, a copy of Form 10-K for the year that ended June 30, 2009, as filed with the Securities and Exchange Commission, by addressing a written request to:
Mary Malone
Investor Relations
Watson Wyatt Worldwide, Inc.
901 N. Glebe Road
Arlington, VA 22203
USA
Shareholders may also download a copy of Form 10-K by visiting watsonwyatt.com.
Dividend Policy
The declaration and payment of dividends by the company is at the discretion of our Board of Directors and depends on numerous factors, including, without limitation, our net earnings, financial condition, availability of capital, debt covenant limitations and other business needs, including those of our subsidiaries and affiliates. On May 14, 2004, the company’s Board of Directors approved the initiation of a quarterly cash dividend in the amount of $0.075 per share.
Comparison of Five-Year Cumulative Total Returns*
Among Watson Wyatt Worldwide, Inc., the NYSE Composite Index and a Peer Group
The graph below depicts total cumulative stockholder returns on $100 invested on June 30, 2004, in (1) Watson Wyatt Worldwide, Inc., common stock; (2) the New York Stock Exchange Composite Index; and (3) an independently compiled, industry peer group index composed of the common stock of all publicly traded companies within the company’s standard industrial classification code (SIC) offering management consulting services. The graph assumes reinvestment of dividends.
The independently compiled, industry peer group index includes the following companies: Accenture Limited; Access Worldwide Communications Inc.; Bearingpoint Inc.; Brandpartners Group Inc.; Corporate Executive Board Company; Diamond Management & Technology Consultants; FTI Consulting Inc.; Hewitt Associates Inc.; Huron Consulting Group Inc.; LECG Corp.; The Management Network Group Inc.; Maximus Inc.; Navigant Consulting Inc.; The Hackett Group Inc. and Watson Wyatt Worldwide, Inc. Deletions from this group include Caneum Inc.; Harris Interactive Inc.; Inventiv Health Inc. and Thomas Group Inc., because they are no longer in the company’s SIC.
