on january 1 2010 metco inc had issued an outstanding 264 000 shares of 2 par value 4446841

On January 1, 2010, Metco, Inc., had issued an outstanding 264,000 shares of $2 par value common stock. On March 15, 2010, Metco, Inc., purchased for its treasury 3,100 shares of its common stock at a price of $39.00 per share. On August 10, 2010, 640 of these treasury shares were sold for $45.00 per share. Metco’s directors declared cash dividends of $.70 per share during the second quarter and again during the fourth quarter, payable on June 30, 2010, and December 31, 2010, respectively. A 2.00% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year.

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