Wendy's 2013 Annual Report Download - page 31

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The following table provides information with respect to repurchases of shares of our common stock by us and
our “affiliated purchasers” (as defined in Rule 10b-18(a)(3) under the Exchange Act) during the fourth fiscal quarter
of 2013:
Issuer Repurchases of Equity Securities
Period
Total Number of
Shares Purchased (1)
Average Price
Paid per Share
Total Number of
Shares Purchased
as Part of
Publicly Announced
Plan
Approximate Dollar
Value of Shares
that May Yet Be
Purchased Under
the Plan (2)
September 30, 2013
through
November 3, 2013 5,330 $8.52 — $58,626,755
November 4, 2013
through
December 1, 2013 3,271,676 $8.58 3,238,169 $30,832,774
December 2, 2013
through
December 29, 2013 5,783 $8.61 — $ —
Total 3,282,789 $8.58 3,238,169 $ —
(1) Includes 44,620 shares reacquired by The Wendy’s Company from holders of share-based awards to satisfy
certain requirements associated with the vesting or exercise of the respective award. The shares were valued at the
average of the high and low trading prices of our common stock on the vesting or exercise date of such awards.
(2) The authorization for the repurchase program expired at the end of the 2013 fiscal year.
In January 2014, our Board of Directors authorized a new repurchase program for up to $275.0 million of our
common stock through the end of fiscal year 2014, when and if market conditions warrant and to the extent legally
permissible. As part of the repurchase program, the Board of Directors also authorized the commencement of a
modified Dutch auction tender offer to repurchase shares of our common stock for an aggregate purchase price of up
to $275.0 million. On February 11, 2014, the tender offer expired and on February 19, 2014, the Company
repurchased 29.7 million shares for an aggregate purchase price of $275.0 million. As a result, the repurchase program
authorized in January 2014 has been completed.
27