Home Shopping Network 2015 Annual Report Download - page 19

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17
During the quarter ended December 31, 2015, we repurchased approximately 0.1 million shares at an average price of
$50.05 per share. Below is a summary of our common stock repurchases during the fourth quarter of 2015, as well as the
number of shares still available for purchase as of December 31, 2015:
Period Number of
Shares Purchased Average Price
Paid Per Share
Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Maximum Number
of Shares that May
Yet Be Purchased
under the Plans or
Programs
October 1, 2015 - October 31, 2015 . . . . . . . . . . . . — $ — — 3,181,033
November 1, 2015 - November 30, 2015 . . . . . . . . 72,157 $ 50.12 72,157 3,108,876
December 1, 2015 - December 31, 2015 . . . . . . . . 56,651 $ 49.97 56,651 3,052,225
128,808 128,808
Performance Graph
The graph depicted below compares the five-year performance of our common stock with the cumulative total return on
the Russell 2000 Index, the S&P Retail Select Industry Index and the S&P 500 Retailing Index from December 31, 2010
through December 31, 2015. In 2015 the Company switched from using the S&P 500 Retailing Index (consists of
approximately 30 constituent companies with a $12.6 billion median market capitalization) to the S&P Retail Select Industry
Index (consists of approximately 100 constituent companies with a $2.3 billion median market capitalization) for its peer group
comparison to provide a broader, more diverse assortment of retail companies. This change was intended to more closely align
the industry peer group with the Company’s market capitalization and to include more of the peer companies used for
compensation purposes.