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15
PURCHASES OF EQUITY SECURITIES BY RADIOSHACK
The following table sets forth information concerning purchases made by or on behalf of RadioShack or any affiliated
purchaser (as defined in the SEC’s rules) of RadioShack common stock for the periods indicated.
Period
Total Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs (1)
Approximate
Dollar Value of Shares
That May Yet Be
Purchased Under
the Plans or Programs (1) (2)
October 1 – 31, 2010 2,253
(3)
$ 21.37 -- $ 200,000,000
November 1 – 30, 2010 8,099,464
(4)
$ 20.15
(4)
8,099,464
(4)
$ 101,407,710
December 1 – 31, 2010 -- $ -- -- $ 101,407,710
Total 8,101,717 8,099,464
(1) RadioShack announced a $200 million share repurchase program on July 24, 2008, which has no stated expiration date. On August 20, 2009, we announced
a $200 million increase in this share repurchase program. In Augus
t 2010, our Board of Directors approved an increase in this share repurchase program from
$400 million to $610 million with $500 million available for share repurchases under this program. As of December 31, 2010, $101.4 million of the total
authorized amount was available for share repurchases under this program.
(2) During the period covered by this table, no publicly announced program expired or was terminated, and no determination was made by RadioShack to
suspend or cancel purchases under our program.
(3) Shares acquired by RadioShack for tax withholdings upon vesting of restricted stock awards, which were not repurchased pursuant to a share repurchase
program.
(4) In August 2010, we entered into an accelerated share repurchase program with two investment banks providing for the repurchase of shares of our common
stock under our approved share repurchase program. The accelerated share repurchase program consisted of agreements to purchase shares of our
common stock from the investment banks for an aggregate purchase price of $300 million. This program concluded in November 2010. Total aggregate
shares delivered to us under the accelerated share repurchase program totaled 14.9 million shares at an average purchase price of $20.18 per share, which
is reflected in "Average Price Paid per Share" above. After having received an initial delivery of 11.7 million shares in August 2010, we received 3.2 million
additional shares under the accelerated share repurchase program, which are presented under "Total Number of Shares Purchased" and "Total Number of
Shares Purchased as Part of Publicly Announced Plans or Programs." In addition, after the conclusion of the accelerated share repurchase program, we
repurchased an additional $98.6 million worth of shares in the open market at an average price of $20.13 per share, representing 4.9 million shares. For
additional information regarding our common stock repurchases, see Note 6 – “Stockholders’ Equity” in Notes to Consolidated Financial Statements in this
Annual Repor
t on Form 10-K.