Advance Auto Parts 2007 Annual Report Download - page 38

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Our common stock is listed on the New York Stock Exchange, or NYSE, under the symbol "AAP." The table
below sets forth, for the fiscal periods indicated, the high and low sale prices per share for our common stock, as
reported by the NYSE.
High Low
Fiscal Year Ended December 29, 2007
Fourth Quarter 40.73$ 31.53$
Third Quarter 40.15$ 29.51$
Second Quarter 43.62$ 39.22$
First Quarter 40.80$ 34.90$
Fiscal Year Ended December 30, 2006
Fourth Quarter 38.58$ 34.01$
Third Quarter 35.31$ 27.65$
Second Quarter 42.30$ 28.40$
First Quarter 45.50$ 38.35$
The closing price of our common stock on February 22, 2008 was $33.60. At February 25, 2008, there were 406
holders of record of our common stock.
On February 15, 2006, our Board of Directors declared a quarterly cash dividend, the first in our history. The
$0.06 per share quarterly cash dividend has been declared in each quarter since its inception in fiscal 2006. Any
payments of dividends in the future will be at the discretion of our Board of Directors and will depend upon our
results of operations, earnings, capital requirements and other factors deemed relevant by our Board of Directors.
The following table sets forth the information with respect to repurchases of our common stock for the quarter
ended December 29, 2007 (amounts in thousands, except per share amounts):
Period
Total Number of
Shares Purchased
Average
Price Paid
per Share
(1)
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs
(2)
Maximum Dollar
Value that May Yet
Be Purchased Under
the Plans or Programs
(2)(3)
October 7, 2007 to November 3, 2007 841 35.63$ 841 305,179$
November 4, 2007 to December 1, 2007 - - - 305,179
December 2, 2007 to December 29, 2007 1,171 38.10 1,171 260,567
Total 2,012 37.07$ 2,012 260,567$
(1) Average price paid per share excludes related expenses paid on previous repurchases.
(2) All of the above repurchases were made on the open market at prevailing market rates plus related
expenses under our stock repurchase program, which authorized the repurchase of up to $500 million in
common stock. Our stock repurchase program was authorized by our Board of Directors and publicly
announced on August 8, 2007 and replaced the remaining portion of the $300 million stock repurchase
program authorized by our Board of Directors and announced on August 17, 2005.
(3) The maximum dollar value yet to be purchased under our stock repurchase program excludes related
expenses paid on previous purchases or anticipated expenses on future purchases.
Equity Compensation Plan Information
The following table sets forth our shares authorized for issuance under our equity compensation plans at December
29, 2007.
15