Papa Johns 2006 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2006 Papa Johns annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

21
The following table summarizes our repurchase activity by fiscal period during 2006 (in thousands,
except per-share amounts):
Total Number Maximum Dollar
Total Average of Shares Purchased Value of Shares
Number Price as Part of Publicly that May Yet Be
of Shares Paid per Announced Plans Purchased Under the
Fiscal Period Purchased Share or Programs Plans or Programs
12/26/2005 - 01/22/2006 58 $30.11 34,758 $177,393
01/23/2006 - 02/19/2006 63 $32.39 34,821 $175,335
02/20/2006 - 03/26/2006 595 $30.77 35,416 $157,027
03/27/2006 - 04/23/2006 221 $32.26 35,637 $149,897
04/24/2006 - 05/21/2006 207 $33.29 35,844 $143,017
05/22/2006 - 06/25/2006 500 $31.18 36,344 $127,407
06/26/2006 - 07/23/2006 217 $31.82 36,561 $120,521
07/24/2006 - 08/20/2006 128 $32.25 36,689 $116,398
08/21/2006 - 09/24/2006 36 $33.61 36,725 $115,166
09/25/2006 - 10/22/2006 - * - 36,725 $115,166
10/23/2006 - 11/19/2006 328 $31.27 37,053 $104,901
11/20/2006 - 12/31/2006 1,052 $30.50 38,105 $72,843
*There were no share repurchases during this period.
Our share repurchase authorization increased from $525.0 million to $575.0 million in April 2006,
increased to $625.0 million in November 2006 and increased to $675.0 million in February 2007. For
presentation purposes, the maximum dollar value of shares that may be purchased was adjusted
retroactively to December 26, 2005.
In connection with a two-for-one stock dividend issued to shareholders of record as of December 23,
2005, we retired all shares held in treasury at that date. Common shares repurchased after December 23,
2005 are held in treasury.