Frequently Asked Questions
General information
A: The founders of EMC are Richard Egan and Roger Marino, the "E" and "M" behind the naming of EMC. "EMC Corporation" is the Company's full name.
A: EMC was founded in Newton, Massachusetts in 1979.
A: EMC was incorporated on August 23, 1979.
A: EMC went public on April 4, 1986 at a price of $16.50 per share, or $0.23 adjusted for subsequent stock splits.
A: EMC is traded on the New York Stock Exchange (NYSE). EMC was first listed on the NYSE on March 22, 1988.
A: EMC's headquarters are located in Hopkinton, Massachusetts, which is located about 30 miles west of Boston. The Company today has sales and service offices located throughout the world.
A: EMC's facilities are primarily used for business purposes only and are not open to the public. Each year, we welcome all of our shareholders to the EMC Annual Meeting of Stockholders which is typically held at one of our Massachusetts facilities. Notice of the meeting, which is held generally in the first week of May, is set forth in the Company's proxy statement.
Financial data
A: EMC's fiscal year begins on January 1 and ends on December 31.
A: Fiscal Quarters end on March 31(Q1), June 30 (Q2), September 30 (Q3), and December 31 (Q4).
A: EMC announces quarterly earnings four times a year, generally two to three weeks following the end of each quarter. To find the scheduled date for the next earnings announcement, please refer to the EMC Investor Relations Events Calendar
A: Yes. EMC's quarterly earnings conference call is webcast live from EMC's Investor Relations site and is also available for replay afterwards. The Investor Relations Web site provides details on how to register for the live webcast or listen to archived versions of previous earnings webcasts.
A: EMC posts all filings to the U.S. Securities and Exchanges Commission (SEC) Web site as well as on the EMC Investor Relations Web site. EMC's latest 10Q (quarterly) and 10K (annual) financial filings can be found here.
A: In addition to printing or downloading the filings available on the EMC Investor Relations Web site, you can order a copy of recent financial filings online. Additionally, you can visit the SEC's financial filings Web site.
A: EMC provides additional detail regarding the largest components of the company's revenues to give investors a better understanding of how EMC is performing in the major markets in which it competes.
A: You can order a printed copy of EMC's Overview online. Additionally, you can view online versions of the overviews and annual reports from previous years.
A: Historical financial information about EMC can be found on the EMC Investor Relations Web site under the section titled Financial Highlights.
A: PricewaterhouseCoopers LLP served as the independent auditor for EMC's Form 10-K filing for the Fiscal Year ending December 31, 2009.
Stock information
A: As of March 31, 2010, EMC has approximately 2.1 billion shares outstanding.
A: EMC has never paid a cash dividend. While subject to periodic review, the current policy of EMC's Board is to retain all earnings primarily to provide funds for the continued growth of the company.
A: EMC has had seven stock splits in the past. The most recent stock split was effective June 2, 2000. The Board of Directors makes any decisions for any future stock splits.
| Record Date | Payable Date | Split |
|---|---|---|
| 5/19/00 | 6/02/00 | 2 for 1 |
| 5/14/99 | 5/28/99 | 2 for 1 |
| 10/31/97 | 11/17/97 | 2 for 1 |
| 11/26/93 | 12/10/93 | 2 for 1 |
| 5/24/93 | 6/7/93 | 2 for 1 |
| 11/9/92 | 11/24/92 | 3 for 2 |
| 8/10/87 | 8/31/87 | 3 for 2 |
A: EMC's CUSIP number is 268648102
A: The EMC Investor Relations Web site contains a closing stock price chart in the section titled Stock Information.
A: No. Some financial institutions will offer certain products using EMC as the underlying security. Although these products are based on EMC shares or EMC share prices, EMC has no direct connection to, or responsibility for these financial instruments.
Shareholder information
A: No. EMC does not offer a direct stock purchase program at this time.
A: EMC stock can be purchased from just about any brokerage firm, including Internet-based and discount brokers.
A: No. EMC does not currently issue dividends on common stock or have a direct stock purchase plan, choosing instead to reinvest profits into operations to fund growth.
A: Please contact our transfer agent, BNY Mellon Shareowner Services. Shareholders can access their accounts using BNY Mellon's online service, Investor ServiceDirect or call BNY Mellon's customer service at 1-877-243-3780 (201-680-6578 from outside the US) for transfers, address changes, or any other questions regarding their EMC stock certificates. You may also read more about how to access your account online here: http://www.emc.com/about/investor-relations/transfer-agent.htm
Additionally, shareholders can mail correspondence to BNY Mellon at the following address:
| Regular Correspondence: | BNY Mellon Shareowner Services PO Box 358015 Pittsburgh, PA 15252-8015 |
| Delivery of Certificates: | BNY Mellon Shareowner Services PO Box 358010 Pittsburgh, PA 15252-8010 |
| Overnight Mail: | BNY Mellon Shareowner Services 500 Ross Street, 6th Floor Pittsburgh, PA 15252 |
A: A transfer agent is hired by a publicly traded corporation to maintain records of who owns the company's stock and to track the stock purchases, sales, and account balances of registered shareholders. EMC's transfer agent, BNY Mellon, keeps track of all outstanding stock certificates and the registered holder of those certificates. If an EMC shareholder buys or sells EMC stock, BNY Mellon is responsible for transferring the ownership of that stock.
A: A registered shareholder is the owner of the stock as recorded by the transfer agent. The registered shareholder's name appears on the stock certificate.
A: A transfer agent does not keep track of shares traded or held through brokerage accounts. Stocks that are held in a brokerage account are considered to be held in "street name," which means that those shares are held on behalf of the stockholder by the broker. In this case, the transfer agent considers the brokerage to be the registered shareholder. It is the responsibility of the brokerage to keep track of the accounts of their clients and to provide those clients with information regarding their EMC shares, including the delivery of Proxy Statements.
A: Yes. All EMC stockholders can elect to receive annual meeting and proxy materials online. With this option, you can also vote electronically on the annual proxy statement.
Choose from these links—depending on your type of shareholder ownership—for electronic delivery:
- Elect to receive materials online: EMC stockholders with brokerage accounts
- Elect to receive materials online: EMC stockholders holding shares in certificate form—including those holding shares at BNY Mellon and EMC employee 401(k) plan holders.
A: It varies from year to year, but the Proxy Statement is typically issued to EMC stockholders during the first fiscal quarter of the year, usually in February or March.
A: It's possible that the mailing address held by your broker or by EMC's transfer agent is not current. If you own shares through a broker, contact your broker directly to confirm your current mailing address and inquire why you may not be getting the proxy. If you hold EMC stock certificates, contact BNY Shareowner Services, EMC's transfer agent, at 1-877-243-3780 or mail correspondence to: BNY Mellon Shareowner Services, PO Box 358015, Pittsburgh, PA 15252-8015.
A: The process of exchanging the shares of the acquired company for EMC shares depends on the manner in which you held the shares of the acquired company.
- Holders of Stock Certificates:
If you hold physical certificates representing shares of stock, you should contact BNY Mellon Shareowner Services, EMC's transfer agent, at 1-877-243-3780. If you are outside the United States and Canada, call 201-680-6578. You may also write to BNY Mellon Shareowner Services, PO Box 358015, Pittsburgh, PA 15252-8015.
- Holders through banks or brokers (street name):
If you hold shares through a bank or broker, your bank or broker will handle the conversion of your shares. You do not need to take any action. Please note that some banks or brokers may compute the cash in lieu of fractional shares slightly differently
A: EMC is not qualified to offer tax or accounting advice such as calculating the cost basis for individual investments. Individual situations vary greatly based on specific financial conditions, and we recommend you contact your accountant or tax professional for the latest reporting guidelines appropriate to you. You may also visit the Internal Revenue Service Web site for additional information on calculating your cost basis, or visit the EMC Investor Relations Web site for information regarding historical stock price, stock splits, and other events that may impact the cost basis calculation.
A: In order to determine your cost basis for these shares, please visit the McDATA Information Center where you will find information to assist you, including a Letter to Stockholders concerning the McDATA spin-off, information statement to the Internal Revenue Service, and a tax basis worksheet
More information
A: For financial literature please call our toll free number at 1-866-EMC-NYSE or order online.
A: The phone number for Corporate and Investor Relations is toll free 866-EMC-NYSE. The EMC mailing address is
Investor Relations
EMC Corporation
Hopkinton, MA U.S.A.
01748-9103
You can also contact us through our online investor information request form or send an email to EMC_IR@EMC.com.
