Pep Boys 2014 Annual Report Download - page 22

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PART II
ITEM 5 MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The common stock of The Pep Boys—Manny, Moe & Jack is listed on the New York Stock
Exchange under the symbol ‘‘PBY.’’ There were 3,376 registered shareholders as of March 31, 2015.
Since January 29, 2012 we have not paid a dividend on our common stock. The following table sets
forth for the periods listed, the high and low sale prices of the Company’s common stock, as reported
by the New York Stock Exchange:
Market Price
Per Share
High Low
Fiscal 2014
Fourth quarter ....................................... $10.09 $ 8.43
Third quarter ....................................... 11.52 8.45
Second quarter ...................................... 11.52 9.86
First quarter ........................................ 13.27 10.17
Fiscal 2013
Fourth quarter ....................................... $13.86 $11.36
Third quarter ....................................... 13.05 11.01
Second quarter ...................................... 12.94 11.14
First quarter ........................................ 12.14 10.29
On December 12, 2012, the Company’s Board of Directors authorized a program to repurchase up
to $50.0 million of the Company’s common stock to be made from time to time in the open market or
in privately negotiated transactions, with no expiration date.
The Company did not repurchase any common stock in Fiscal 2014. The Company repurchased
238,000 shares of common stock for $2.8 million in Fiscal 2013 and 35,000 shares of common stock for
$0.3 million in Fiscal 2012. The repurchased shares are included in the Company’s treasury stock.
EQUITY COMPENSATION PLANS
The following table sets forth the Company’s shares authorized for issuance under its equity
compensation plans at January 31, 2015:
Number of Weighted Number of securities
securities to be average remaining available
issued upon exercise for future issuance
exercise of price of under equity
outstanding outstanding compensation plans
options, options, (excluding securities
warrants and warrants and reflected in the first
rights (a) rights (b) column (a))
Equity compensation plans approved
by security holders ............ 2,643,520 $5.39 4,392,242
The Company maintains an Employee Stock Purchase Plan with an authorized aggregate share
limit of 2,000,000 shares of Pep Boys’ Common Stock. Eligible employees can elect to have up to
10 percent of compensation deducted for purchase of Company stock at a discount under the Plan. For
fiscal 2014, 2013, and 2012, respectively, the total number of shares sold to employees was 73,058;
62,547; and 39,552. As of January 31, 2015, the total remaining for purchase was 1,803,880 shares.
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