Audiovox 2005 Annual Report Download - page 23

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SHARE REPURCHASE PROGRAM
In September 2000, we were authorized by the Board of Directors to
repurchase up to 1,563,000 shares of Class A Common Stock in the open market
under a share repurchase program (the "Program"). As of November 30, 2005, the
cumulative total of acquired shares pursuant to the program was 1,219,752,
reducing the remaining authorized share repurchase balance to 343,248. During
fiscal 2005, we purchased 150,000 shares for $2,037 as outlined in the following
table:
TOTAL NUMBER OF MAXIMUM NUMBER
SHARES PURCHASED AS OF SHARES THAT MAY
TOTAL NUMBER OF AVERAGE PRICE PART OF PUBLICLY YET BE PURCHASED
PERIOD SHARES PURCHASED PAID PER SHARE ANNOUNCED PROGRAM UNDER THE PROGRAM (1)
−−−−−−−−−−−−−−−−−− −−−−−−−−−−−−−−−− −−−−−−−−−−−−−− −−−−−−−−−−−−−−−−−−−− −−−−−−−−−−−−−−−−−−−−−−−
September −− −− −− 493,248
October 131,400 $13.53 1,201,152 361,848
November 18,600 13.94 1,219,752 343,248
−−−−−− −−−−− −−−−−−−−− −−−−−−−
Year−to−Date 150,000 13.58 − −
======= =====
(1) Prior to the fiscal 2005 purchases, we had 1,070,957 shares of treasury
stock purchased as part of a publicly announced program.
ITEM 6−SELECTED CONSOLIDATED FINANCIAL DATA
The following selected consolidated financial data for the last five years
should be read in conjunction with the consolidated financial statements and
related notes and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" of this Form 10−K.
18