human
stock performance graph the following line-graph presentation compares our cumulative shareholder returns with the standard & poor 2019s information technology index and the standard & poor 2019s 500 stock index for the past five years. the line graph assumes the investment of $100 in our common stock, the standard & poor 2019s information technology index, and the standard & poor 2019s 500 stock index on may 31, 2003 and assumes reinvestment of all dividends. comparison of 5 year cumulative total return* among global payments inc., the s&p 500 index and the s&p information technology index 5/03 5/04 5/05 5/06 5/07 5/08 global payments inc. s&p 500 s&p information technology * $100 invested on 5/31/03 in stock or index-including reinvestment of dividends. fiscal year ending may 31. global payments s&p 500 information technology.
|  | Global  Payments | S&P 500 | S&P  Information  Technology |
| --------- | --------- | --------- | --------- |
| May 31, 2003 | $100.00 | $100.00 | $100.00 |
| May 31, 2004 | 137.75 | 118.33 | 121.98 |
| May 31, 2005 | 205.20 | 128.07 | 123.08 |
| May 31, 2006 | 276.37 | 139.14 | 123.99 |
| May 31, 2007 | 238.04 | 170.85 | 152.54 |
| May 31, 2008 | 281.27 | 159.41 | 156.43 |
issuer purchases of equity securities in fiscal 2007, our board of directors approved a share repurchase program that authorized the purchase of up to $100 million of global payments 2019 stock in the open market or as otherwise may be determined by us, subject to market conditions, business opportunities, and other factors. under this authorization, we have repurchased 2.3 million shares of our common stock. this authorization has no expiration date and may be suspended or terminated at any time. repurchased shares will be retired but will be available for future issuance. .
Please compute the result.
what is the value of global payments in 2014?
assistant
137.75
human
what is that less 100?
assistant
37.75
human
what is the percent change?
assistant
0.3775