Buffalo Wild Wings 2006 Annual Report Download - page 16

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
M
arket Information
Our Common Stock trades on the NASDAQ Global Market under the symbol “BWLD”. The following table sets forth,
e high and low closing sale prices of our Common Stock. th
2006
2005
High
Low
High
Low
First Quarter $ 41.46 $ 29.92 $ 41.27 $ 32.01
Second Quarter 43.78 35.54 40.00 27.58
Third Quarter 39.75 31.26 34.75 27.04
Fourth Quarter 58.02 37.23 34.03 25.45
Holders
As of February 1, 2007, there were approximately 186 record holders of our Common Stock, excluding shareholders
whose stock is held either in nominee name and/or street name brokerage accounts. Based on information which we have
obtained from our transfer agent, there are approximately 17,000 holders of our Common Stock whose stock is held either in
ominee name and/or street name brokerage accounts. n
D
ividends
We have never declared or paid cash dividends on our Common Stock It is our policy to preserve cash for
development and other working capital needs and, therefore, do not currently have plans to pay any cash dividends. Our
future dividend policy will be determined by our Board of Directors and will depend on various factors, including our results
of operations, financial condition, anticipated cash needs and plans for expansion.
S
ecurities Authorized for Issuance Under Equity Compensation Plans
For information on our equity compensation plans, refer to Item 12, “Security Ownership of Certain Beneficial Owners
and Management and Related Stockholder Matters.”
Repurchases
We did not engage in any repurchases of our Common Stock during the fourth quarter of 2006. The following table
sets out shares of our Common Stock repurchased by us in during 2006 that have not been previously disclosed.
Period
(a) Total Number of
Shares (or Units)
Purchased(1)
(b) Average Price Paid
per Share (or Unit)
(c) Total Number of
Shares (or Units)
Purchased as Part of
Publicly Announced
Plans or Programs
(d) Maximum Number
(or Approximate Dollar
Value) of Shares (or
Units) that May Yet Be
Purchased Under the
Plans or Programs
April 1-April 30 504 $42.35 N/A N/A
Total 504
(1) All of the shares were repurchased by us in connection with payment of the exercise price upon stock-for-stock option
exercises by one executive officer.
16