Dish Network 2004 Annual Report Download - page 40

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32
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table provides information regarding purchases of our Class A common stock made by us for the period
from October 1, 2004 through March 11, 2005.
Period
Total
Number of
Shares
Purchased
(a)
Average
Price Paid
per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Maximum Approximate
Dollar Value of Shares
that May Yet be
Purchased Under the
Plans or Programs (b)
(In thousands, except share data)
October 1 - October 31, 2004............. - -$ - 1,000,000$
November 1 - November 30, 2004..... - -$ - 1,000,000$
December 1 - December 31, 2004...... - -$ - 1,000,000$
January 1 - January 31, 2005.............. - -$ - 1,000,000$
February 1 - February 28, 2005.......... 90,000 28.96$ 90,000 997,394$
March 1 - March 11, 2005................. 200,000 28.67$ 200,000 991,660$
Total................................................... 290,000 28.76$ 290,000 991,660$
(a) During the period from October 1, 2004 through March 11, 2005 all purchases were made pursuant to the
program discussed below in open market transactions.
(b) Our Board of Directors authorized the purchase of up to $1.0 billion of our Class A Common Stock on August
9, 2004. All purchases were made in accordance with Rule 10b-18 of the Securities Exchange Act of 1934
pursuant to our Rule 10b5-1 plan entered into on September 1, 2004 and which expires on the earlier of
August 31, 2005 or when an aggregate amount of $1.0 billion of stock has been purchased. We may elect not
to purchase the maximum amount of shares allowable under this plan and we may also enter into additional
Rule 10b5-1 plans to facilitate the share repurchases authorized by our Board of Directors. All purchases may
be through open market purchases under the plan or privately negotiated transactions subject to market
conditions and other factors. To date, no plans or programs for the purchase of our stock have been
terminated prior to their expiration. There were also no other plans or programs for the purchase of our stock
that expired during the period from October 1, 2004 through March 11, 2005. Purchased shares have and will
be held as Treasury shares and may be used for general corporate purposes.
Item 6. SELECTED FINANCIAL DATA
The selected consolidated financial data as of and for each of the five years ended December 31, 2004 have been
derived from, and are qualified by reference to our Consolidated Financial Statements. Beginning January 1, 2004, we
combined certain revenue and cost of sales items into other captions. All prior period amounts have been conformed to
the current period presentation. See further discussion under Item 7. – “Explanation of Key Metrics and Other Items.”
This data should be read in conjunction with our Consolidated Financial Statements and related Notes thereto for the
three years ended December 31, 2004, and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” included elsewhere in this report.