Earthlink 2005 Annual Report Download - page 30

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IP-based voice services and wireless broadband services and for completing our acquisition of New Edge. Therefore, we do not anticipate
paying any cash dividends in the foreseeable future.
Equity Compensation Plans
Information regarding securities authorized for issuance under our equity compensation plans as of December 31, 2005 is set forth under
the caption “Executive Compensation—Executive Officer Compensation—Amended Equity Compensation Plan Information” in our Proxy
Statement referred to in Item 10 of Part III or in a subsequent amendment to this Annual Report on Form 10-K. Such information is
incorporated herein by reference.
Issuer Purchases of Equity Securities
The number of shares repurchased and the average price paid per share for each month in the three months ended December 31, 2005
were as follows:
(1)
Since the inception of the share repurchase program (“Repurchase Program”), the Board of Directors has authorized a total of $550.0
million for the repurchase of our common stock. The Board of Directors has also approved repurchasing common stock pursuant to plans
under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. We may repurchase our common stock from time to time in
compliance with the SEC’s regulations and other legal requirements, including through the use of derivative transactions, and subject to
market conditions and other factors. The Repurchase Program does not require us to acquire any specific number of shares and may be
terminated at any time.
29
2005
Total Number
of Shares
Repurchased
Average
Price Paid
per Share
Total Number of
Shares Repurchased
as Part of Publicly
Announced Program(1)
Maximum Dollar
Value that May
Yet be Purchased
Under the Program
(in thousands, except average price paid per share)
October 1 through October 31
705
$
10.64
705
$
184,637
November 1 through November 30
314
10.94
314
181,205
December 1 through December 31
27
10.99
27
180,908
Total
1,046
1,046