LensCrafters 2003 Annual Report Download - page 14

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26
BUY BACK PROGRAMS
On September 25, 2002, Luxottica U.S. Holdings Corp., a U.S.-based subsidiary of Luxottica Group, determined
to purchase up to 11,500,000 of Luxottica Group’s ADS (one ADS represents one ordinary share), representing 2.5
percent of Luxottica Group’s authorized and issued share capital. Under this now-expired plan, purchases were to be
made on the New York Stock Exchange over a period of 18 months beginning on the day of the approval.
On March 20, 2003, Luxottica U.S. Holdings Corp. determined to purchase up to 10,000,000 of Luxottica Group’s
ADSs, representing 2.2 percent of the authorized and issued share capital. Under this plan, purchases are to be made
on the New York Stock Exchange over a period of 18 months beginning on the day of the approval. As of March 31,
2004, Luxottica U.S. Holdings Corp. has purchased 6,434,786 ADS.
Millions of U.S. Dollars 1 Q 2 Q 3 Q 4 Q Total Year
1994 191.0 193.0 199.8 184.1 767.8
1995 210.8 229.3 228.5 199.5 868.1
1996 232.9 233.1 240.8 209.0 915.8
1997 (including 53rd Week) 250.5 256.4 270.7 261.3 1,038.8
1997 (excluding 53rd Week) - - - 238.1 1,015.6
1998 280.5 278.3 298.1 270.6 1,127.6
1999 324.3 323.3 329.6 299.0 1,276.2
2000 351.8 342.5 345.6 310.7 1,350.5
2001 362.4 552.7 529.6 474.4 1,919.1
2002 510.4 548.1 551.1 473.9 2,083.5
2003 (including 53rd Week) 503.4 535.2 596.0 629.3 2,264.0
2003 (excluding 53rd Week) - - - 587.6 2,222.3
Includes Sight & Save operations till 1995
Includes results of OPSM from August 1, 2003
1st QUARTER 4th QUARTER
3rd QUARTER
2nd QUARTER
LUXOTTICA RETAIL’S SALES
QUARTERLY SALES:1994-2003
Millions of U.S. Dollars
27