Item 4.
Submission of Matters to a Vote of Security Holders No matters were submitted to a vote of security holders during the fourth quarter of 2005.
PART II Item 5.
Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our Series A common stock has traded on the New York Stock Exchange under the symbol ‘‘CE’’ since January 21, 2005.
The closing sale price of our Series A common stock, as reported by the New York Stock Exchange, on March 6, 2006 was $20.98.
The following table sets forth the high and low intraday sales prices per share of our common stock, as reported by the New York Stock Exchange, for the periods indicated.
## Table 0 ##
Holders No shares of Celanese’s Series B common stock are issued and outstanding.
As of March 6, 2006, there were 51 holders of record of our Series A common stock, and one holder of record of our perpetual preferred stock.
By including persons holding shares in broker accounts under street names, however, we estimate our shareholder base to be approximately 6,800 as of March 6, 2006.  Dividend Policy In July 2005, our board of directors adopted a policy of declaring, subject to legally available funds, a quarterly cash dividend on each share of our common stock at an annual rate initially equal to approximately 1% of the $16 price per share in the initial public offering of our Series A common stock (or $0.16 per share) unless our board of directors, in its sole discretion, determines otherwise, commencing the second quarter of 2005.
Pursuant to this policy, the Company paid the quarterly dividends of $0.04 per share on August 11, 2005, November 1, 2005 and February 1, 2006.
Based on the number of outstanding shares of our Series A common stock, the anticipated annual cash dividend is approximately $25 million.
However, there is no assurance that sufficient cash will be available in the future to pay such dividend.
Further, such dividends payable to holders of our Series A common stock cannot be declared or paid nor can any funds be set aside for the payment thereof, unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock, as described below.
Our board of directors may, at any time, modify or revoke our dividend policy on our Series A common stock.
We are required under the terms of the preferred stock to pay scheduled quarterly dividends, subject to legally available funds.
For so long as the preferred stock remains outstanding, (1) we will not declare, pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and (2) neither we, nor any of our subsidiaries, will, subject to certain exceptions, redeem, purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise, in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods.
Pursuant to this policy, the Company paid the quarterly dividends of $0.265625 on its 4.25% convertible perpetual preferred stock on August 1, 2005, November 1, 2005 and February 1, 2006.
The anticipated annual cash dividend is approximately $10 million.
Business Lines Acetate tow is used primarily in cigarette filters.
According to the 2006 Stanford Research Institute International Chemical Economics Handbook, we are the world’s leading producer of acetate tow, including production of our ventures in Asia.
We produce acetate flake by processing wood pulp with acetic anhydride.
We purchase wood pulp that is made from reforested trees from major suppliers and produce acetic anhydride internally.
The acetate flake is then further processed into acetate fiber in the form of a tow band.
We have an approximate 30% interest in three manufacturing ventures in China that produce cellulose acetate flake and tow.
Our partner in each of the ventures is a Chinese state-owned tobacco entity.
In addition, 12% of our 2006 acetate tow sales were sold directly to China, the largest single market for acetate tow in the world.
Two of the ventures completed tow expansions in January 2005, and the third venture completed its tow expansion in June 2005.
Flake expansion is expected to be completed in 2007.
Although our direct tow sales into China have decreased as a result of the venture expansions, the future dividends that we expect to receive from these ventures are projected to increase.
Acetate Products is continuing its productivity and operations improvement efforts.
These efforts are directed toward reducing costs while achieving higher productivity of employees and equipment.
In addition to our operating sites’ restructuring activities previously undertaken, we closed our Charlotte, North Carolina administrative and research and development facility.
In July 2005, we relocated our Rock Hill, South Carolina administrative functions to our Dallas corporate headquarters.
In December 2005, we sold our Rock Hill and Charlotte sites.
Facilities Acetate Products has production sites in the United States, Canada, Mexico and Belgium, and participates in three manufacturing ventures in China.
In October 2004, we announced plans to discontinue our filament business, with operations at our Narrows, Virginia and Ocotlan, Mexico sites, which occurred in the fourth quarter of 2005.
Additionally, we announced our intentions to shutdown our high cost operations at our Rock Hill, South Carolina flake production site and our Edmonton, Alberta, Canada flake and tow production site.
We shutdown our Rock Hill flake and Edmonton tow operations in the second quarter of 2005 and will shutdown our Edmonton flake facility in early 2007.
In addition to the above closures, we re-commissioned our flake operations at Ocotlan in the first quarter of 2005.
Markets The following table illustrates the destination of the net sales of Acetate Products by geographic region of the Successor for the years ended December 31, 2006 and 2005 and the nine months ended December 31, 2004 and of the Predecessor for the three months ended March 31, 2004.
Net Sales to External Customers by Destination — Acetate Products
## Table 1 ##
PART II Item 5.
Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our Series A common stock has traded on the New York Stock Exchange under the symbol “CE” since January 21, 2005.
The closing sale price of our Series A common stock, as reported by the New York Stock Exchange, on February 12, 2007 was $28.53.
The following table sets forth the high and low intraday sales prices per share of our common stock, as reported by the New York Stock Exchange, for the periods indicated.
## Table 2 ##
Holders No shares of Celanese’s Series B common stock are issued and outstanding.
As of February 12, 2007, there were 118 holders of record of our Series A common stock, and one holder of record of our perpetual preferred stock.
By including persons holding shares in broker accounts under street names, however, we estimate our shareholder base to be approximately 46,300 as of February 12, 2007.  Dividend Policy In July 2005, our board of directors adopted a policy of declaring, subject to legally available funds, a quarterly cash dividend on each share of our Series A common stock at an annual rate of $0.16 per share unless our board of directors, in its sole discretion, determines otherwise.
Pursuant to this policy, we paid quarterly dividends of $0.04 per share on February 1, 2006, May 1, 2006, August 1, 2006, November 1, 2006 and February 1, 2007.
Based on the number of outstanding shares of our Series A common stock, the anticipated annual cash dividend is approximately $26 million.
However, there is no assurance that sufficient cash will be available in the future to pay such dividend.
Further, such dividends payable to holders of our Series A common stock cannot be declared or paid nor can any funds be set aside for the payment thereof, unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock, as described below.
Our board of directors may, at any time, modify or revoke our dividend policy on our Series A common stock.
We are required under the terms of the preferred stock to pay scheduled quarterly dividends, subject to legally available funds.
For so long as the preferred stock remains outstanding, (1) we will not declare, pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and (2) neither we, nor any of our subsidiaries, will, subject to certain exceptions, redeem, purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise, in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods.
Pursuant to this policy, we paid quarterly dividends of $0.265625 on our 4.25% convertible perpetual preferred stock on February 1, 2006, May 1, 2006, August 1, 2006, November 1, 2006 and February 1, 2007.
The anticipated annual cash dividend is approximately $10 million.

<table><tr><td></td><td>PriceRange</td></tr><tr><td>2005</td><td>High</td><td>Low</td></tr><tr><td>Quarterended March 31,2005</td><td>$18.65</td><td>$15.10</td></tr><tr><td>Quarter endedJune 30,2005</td><td>$18.16</td><td>$13.54</td></tr><tr><td>Quarter endedSeptember 30, 2005</td><td>$20.06</td><td>$15.88</td></tr><tr><td>Quarter endedDecember 31,2005</td><td>$19.76</td><td>$15.58</td></tr></table>
<table><tr><td></td><td colspan="6"> Successor</td><td colspan="2" rowspan="2" Predecessor  Three Months Ended   March 31,   2004></td></tr><tr><td></td><td colspan="2"> Year Ended   December 31,   2006</td><td colspan="2"> Year Ended   December 31,   2005</td><td colspan="2"> Nine Months Ended   December 31,   2004</td></tr><tr><td></td><td></td><td> % of </td><td></td><td> % of </td><td></td><td> % of </td><td></td><td> % of </td></tr><tr><td></td><td> $</td><td> Segment</td><td> $</td><td> Segment</td><td> $</td><td> Segment</td><td> $</td><td> Segment</td></tr><tr><td></td><td colspan="8"> (In millions)</td></tr><tr><td>North America</td><td>127</td><td>18%</td><td>126</td><td>19%</td><td>67</td><td>15%</td><td>24</td><td>17%</td></tr><tr><td>Europe/Africa</td><td>184</td><td>26%</td><td>202</td><td>31%</td><td>139</td><td>32%</td><td>43</td><td>29%</td></tr><tr><td>Asia/Australia</td><td>370</td><td>53%</td><td>315</td><td>48%</td><td>222</td><td>50%</td><td>75</td><td>51%</td></tr><tr><td>Rest of World</td><td>19</td><td>3%</td><td>16</td><td>2%</td><td>13</td><td>3%</td><td>5</td><td>3%</td></tr></table>
<table><tr><td></td><td colspan="2"> Price Range</td></tr><tr><td></td><td> High</td><td> Low</td></tr><tr><td> 2006</td><td></td><td></td></tr><tr><td>Quarter ended March 31, 2006</td><td>$22.00</td><td>$18.82</td></tr><tr><td>Quarter ended June 30, 2006</td><td>$22.75</td><td>$18.50</td></tr><tr><td>Quarter ended September 30, 2006</td><td>$20.70</td><td>$16.80</td></tr><tr><td>Quarter ended December 31, 2006</td><td>$26.33</td><td>$17.45</td></tr><tr><td> 2005</td><td></td><td></td></tr><tr><td>Quarter ended March 31, 2005</td><td>$18.65</td><td>$15.10</td></tr><tr><td>Quarter ended June 30, 2005</td><td>$18.16</td><td>$13.54</td></tr><tr><td>Quarter ended September 30, 2005</td><td>$20.06</td><td>$15.88</td></tr><tr><td>Quarter ended December 31, 2005</td><td>$19.76</td><td>$15.58</td></tr></table>

Question: what is the estimated number of shares of series a common stock based on the approximate cash dividend in millions