Papa Johns 2008 Annual Report Download - page 32

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25
The following table summarizes our repurchase activity by fiscal period during 2008 (in thousands,
except per-share amounts):
Total Number Maximum Dollar
Total Average of Shares Purchased Value of Shares
Number Price as Part of Publicly that May Yet Be
of Shares Paid per Announced Plans Purchased Under the
Fiscal Period Purchased Share or Programs Plans or Programs
12/31/2007 - 01/27/2008 104 $21.74 40,893 $97,700
01/28/2008 - 02/24/2008 - * - 40,893 $97,700
02/25/2008 - 03/30/2008 - * - 40,893 $97,700
03/31/2008 - 04/27/2008 203 $25.51 41,096 $92,523
04/28/2008 - 05/25/2008 214 $27.29 41,310 $86,690
05/26/2008 - 06/29/2008 247 $28.32 41,557 $79,685
06/30/2008 - 07/27/2008 223 $26.72 41,780 $73,735
07/28/2008 - 08/24/2008 213 $28.38 41,993 $67,698
08/25/2008 - 09/28/2008 193 $27.84 42,186 $62,313
09/29/2008 - 10/26/2008 - * - 42,186 $62,313
10/27/2008 - 11/23/2008 - * - 42,186 $62,313
11/24/2008 - 12/28/2008 3 $16.65 42,189 $62,275
*There were no share repurchases during this period.
Our share repurchase authorization increased from $725.0 million to $775.0 million in August 2008. For
presentation purposes, the maximum dollar value of shares that may be purchased was adjusted
retroactively to December 31, 2007.
From March through September, 2008, the Company utilized a written trading plan under Rule 10b5-1
under the Securities Exchange Act of 1934, as amended, to facilitate the repurchase of shares of our
common stock under this share repurchase program. We adopted another trading plan in December 2008,
effective January 2, 2009. There can be no assurance that we will repurchase shares of our common stock
either through our Rule 10b5-1 trading plan or otherwise. The trading plan includes predetermined
criteria and limitations and is scheduled to expire December 31, 2009, unless terminated sooner under
plan provisions.