IHOP 2008 Annual Report Download - page 46

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The number of securities remaining available for future issuance includes 1,993,299 shares and
116,900 shares under our 2001 Stock Incentive Plan and 2005 Stock Incentive Plan for Non-Employee
Directors, respectively. Please refer to Note 18 of Notes to the Consolidated Financial Statements for a
description of each plan.
Issuer Purchases of Equity Securities
In January 2003, our Board of Directors authorized a program to repurchase shares of our
common stock. The Board approved the repurchase of up to 7.2 million shares of common stock from
time to time, depending on market conditions and other factors. The total number of shares
repurchased through December 31, 2008 under the stock repurchase program is 6,327,877. No
repurchases were made during 2008. In February 2009, the Board of Directors cancelled the
authorization to repurchase any additional shares under this program.
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