Jack In The Box 2007 Annual Report Download - page 29

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has been adjusted to reflect the two-for-one split of our common stock, that was effected in the form of a 100% stock
dividend on October 15, 2007:
Sept. 30, 2007 July 8, 2007 Apr. 15, 2007
16 Weeks Ended
Jan. 21, 2007
12 Weeks Ended
High ........... $36.85 $39.77 $36.07 $32.30
Low............ 26.50 32.60 30.03 25.83
Oct. 1, 2006 July 9, 2006 Apr. 16, 2006
16 Weeks Ended
Jan. 22, 2006
12 Weeks Ended
High ........... $26.99 $23.16 $22.12 $18.42
Low............ 18.93 18.99 17.40 14.00
Dividends. We did not pay any cash or other dividends during the last two fiscal years. Effective October 15,
2007, a stock split was effected in the form of a stock dividend, with shareholders receiving an additional share of
stock for each share held. We do not anticipate paying any other dividends in the foreseeable future. Our credit
agreement provides for a remaining aggregate amount of $197.0 million for the repurchase of our common stock
and $50.0 million for the potential payment of cash dividends.
Stock Repurchases. On September 16, 2005, the Board of Directors authorized a $150.0 million stock
repurchase program through the end of fiscal year 2008, which was announced September 21, 2005. The following
table summarizes shares repurchased pursuant to this program during the quarter ended September 30, 2007:
(a)
Total Number
of Shares
Purchased
(b)
Average
Price Paid
per Share
(c)
Total Number of
Shares Purchased
as Part of Publicly
Announced
Programs
(d)
Maximum Dollar
Value That may
yet be Purchased
Under the Programs
July 9, 2007 — August 8, 2007 . . — $ — — $100,000,000
August 9, 2007 — September 8,
2007 .................... 1,582,881 63.15 1,582,881 —
September 9, 2007 —
September 30, 2007 ......... — — — —
Total .................... 1,582,881 $63.15 1,582,881 —
Shares purchased and the average price paid per share have not been adjusted for the stock split noted above as
no stock dividend was paid with respect to such treasury shares.
On November 9, 2007, the Board of Directors authorized a new $200.0 million program to repurchase shares of
our common stock at prevailing market prices, in the open market or in private transactions, from time to time at
management’s discretion, over the next three years.
Holders. As of September 30, 2007, there were 537 stockholders of record.
16