Redbox 2011 Annual Report Download - page 29

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ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information and Stock Prices
Our common stock is traded on the NASDAQ Global Select Market under the symbol “CSTR.” The following
table sets forth the high and low bid prices per share as reported by the NASDAQ Global Select Market for our
common stock for each quarter during the last two fiscal years. The quotations represent inter-dealer prices
without retail markup, markdown or commission and may not necessarily represent actual transactions.
2011 High Low
Quarter 1 .................................................. $59.29 $37.80
Quarter 2 .................................................. 57.35 44.85
Quarter 3 .................................................. 60.71 37.43
Quarter 4 .................................................. 57.07 38.76
2010 High Low
Quarter 1 .................................................. $33.58 $25.37
Quarter 2 .................................................. 59.43 32.27
Quarter 3 .................................................. 50.16 38.75
Quarter 4 .................................................. 67.56 41.47
The approximate number of holders of record of our common stock at February 3, 2012 was 104.
Dividends
We have never declared or paid any cash dividends on our common stock. In addition, we have restrictions
relating to the payment of dividends under our current credit facility. Currently we intend to retain all future
earnings for the foreseeable future to fund development and growth of our business, retire debt obligations or
repurchase our common stock.
Repurchases of Common Stock
Following our Board of Directors authorization granted in July 2011, and consistent with the terms of our credit
facility, we are permitted to repurchase up to (i) $250.0 million of our common stock plus (ii) cash proceeds
received after July 15, 2011, from the exercise of stock options by our officers, directors or employees. In
addition, we are permitted to repurchase, under our other board authorized repurchase plan, up to $12.5 million
of our common stock. These authorizations allowed us to repurchase up to $264.4 million of our common stock
as of December 31, 2011. Repurchased shares become a part of treasury stock.
The following table summarizes information regarding shares repurchased during the quarter ended
December 31, 2011:
Total Number of
Shares
Repurchased(1)
Average Price
Paid per Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Repurchase Plans or
Programs
Maximum Approximate
Dollar Value of Shares
that May Yet be Purchased
Under the Plans or
Programs(2)
10/1/11 - 10/31/11 ........... 610 $49.54 — $263,494
11/1/11 - 11/30/11 ........... 199 42.69 — 263,979
12/1/11 - 12/31/11 ........... — — — 264,398
809 47.86 — 264,398
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