Jack In The Box 2008 Annual Report Download - page 25

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information. The following table sets forth the high and low sales prices for our common stock
during the fiscal quarters indicated, as reported on the New York Stock Exchange — Composite Transactions and
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. 28,
2008 July 6,
2008 Apr. 13,
2008
16 Weeks Ended
Jan. 20,
2008
12 Weeks Ended
High .................................... $30.35 $28.27 $29.89 $35.13
Low .................................... 17.79 21.49 22.57 22.68
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
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 dividends in the foreseeable future. Our credit agreement
provides for a remaining aggregate amount of $97.4 million for the repurchase of our common stock and
$50.0 million for the potential payment of cash dividends.
Stock Repurchases. In November 2007, the Board approved a program to repurchase up to $200.0 million in
shares of our common stock over three years expiring November 9, 2010. As of September 28, 2008, the total
remaining amount authorized for repurchase was $100.0 million. There were no stock repurchases during the
quarter ended September 28, 2008.
Stockholders. As of September 28, 2008, there were 580 stockholders of record.
Securities Authorized for Issuance Under Equity Compensation Plans. The following table summarizes the
equity compensation plans under which Company common stock may be issued as of September 28, 2008.
Stockholders of the Company approved all plans.
(a)
Number of
Securities to be
Issued Upon Exercise of
Outstanding
Options, Warrants
and Rights(1)
(b)
Weighted-Average
Exercise Price of
Outstanding Options(1)
(c)
Number of Securities
Remaining for
Future Issuance
Under Equity
Compensation Plans
(Excluding Securities
Reflected in Column(a))(2)
Equity compensation plans
approved by security
holders. .............. 5,684,287 $20.62 2,010,077
(1) Includes shares issuable in connection with our outstanding stock options, performance-vested stock awards
and non-management director deferred stock equivalents. The weighted-average exercise price in column
(b) includes the weighted-average exercise price of stock options only.
(2) Includes 173,185 shares that are reserved for issuance under our Employee Stock Purchase Plan.
17