Comparison of one-, five- and ten-year cumulative total return for IBM, S&P 500 Stock Index and S&P Information Technology Index
The following graphs compare the one-, five- and ten-year cumulative total returns for IBM common stock with the comparable cumulative return of certain Standard & Poor’s (S&P) indices. Due to the fact that IBM is a company included in the S&P 500 Stock Index, the SEC’s proxy rules require the use of that index for the required five-year graph. Under those rules, the second index used for comparison may be a published industry or line-of-business index.
The S&P Information Technology Index is such an index. IBM is also included in this index.
Each graph assumes $100 invested on December 31 (of the initial year shown in the graph) in IBM common stock and $100 invested on the same date in each of the S&P indices. The comparisons assume that all dividends are reinvested.
|IBM Common Stock||$ 100.00||$ 112.84|
|S & P 500 Index||100.00||105.49|
|S & P Information Technology Index||100.00||116.31|
|IBM Common Stock||$ 100.00||$ 120.50||$ 129.16||$ 108.71||$ 130.20||$ 146.92|
|S & P 500 Index||100.00||128.68||142.69||149.70||173.34||182.87|
|S & P Information Technology Index||100.00||147.22||150.99||152.49||165.32||192.28|
|IBM Common Stock||$ 100.00||$ 177.48||$ 208.54||$ 165.07||$ 236.05||$ 152.33||$ 183.55||$ 196.75||$ 165.60||$ 198.33||$ 223.80|
|S & P 500 Index||100.00||128.58||155.64||141.46||124.65||97.10||124.96||138.55||145.36||168.32||177.57|
|S & P Information Technology Index||100.00||178.14||318.42||188.18||139.50||87.31||128.54||131.83||133.13||144.34||167.88|