#CSCO is symbol of the shares of the U.S. global company Cisco Systems, Inc., whose main activity is focused on the development and sale of network equipment. The company's policy is aimed at providing customers with a wide range of network equipment.
Cisco Systems is the world's largest company specializing in high technology. The main activity of the company is divided into five areas, among which are a backbone routing, commutation and services, products for collaborative work, data centre virtualization and cloud computing, video technology and architecture for business transformation.
The company was established in 1984, and the first products entered the market two years later. Cisco headquarters is in San Jose, California. The total number of offices around the world is about 400. Products, produced by the company, have a wide range of implementation in various areas. The main industries are engineering, metallurgy, oil and gas, building, retail, banking sector, and so on.
Net sales in fiscal year 2013 came in at $48.6 billion. A significant increase by $12.4 billion compared to the previous period was recorded. The Cisco's profit amounts to $10 billion, 24.2% higher than the previous figures. Company’s cash funds reached $50.5 billion. Dividend payments on equity issues were held at the rate of 62 cents per one security. In general, $3.3 billion was spent on these needs. In addition, the purchase of 128 million of unfavoured shares at a cost of $2.8 billion was made according to the program of asset buyout. Thus, the total volume of redemption of shares came in at $78.9 billion.
Shares are securities representing the exclusive ownership in the company. Such a trading tool as contract for difference on shares gives the opportunity to investors to earn from quotations’ change of the companies’ liquid shares while not having a stake in ownership. However, dividend adjustment is added to or debited for client’s account. Usually, it equals to the value of the dividend itself depending on positions direction based on completed contracts.