Stamps.com 2008 Annual Report Download - page 21

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Holders
As of February 27, 2009, there were approximately 1,168 stockholders of record and 16,653,144 shares of our outstanding
common stock.
Dividend Policy
We did not pay any dividends during 2008, 2007 and 2006. Future declaration and payment of dividends will be in the
discretion of our Board of Directors and will be dependent upon our future earnings, financial condition and capital
requirements. The Board of Directors does not presently contemplate the payment of any dividends in the near future.
19
TABLE OF CONTENTS
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of December 31, 2008 with respect to shares of our common stock that may be
issued under our existing stock incentive plans, all of which were approved by our shareholders:
Recent Sales of Unregistered Securities
We did not have any unregistered sales of common stock during 2008.
Issuer Purchases of Equity Securities
During the fourth quarter of 2008, we purchased our common stock as described in the following table:
Number of Shares of
Common Stock to Be Issued upon
Exercise of Outstanding Options,
Warrants and Rights (a)
Weighted-average Exercise
Price of Outstanding Options,
Warrants and Rights
Number of Shares of
Common Stock Remaining Available
for Future Issuance Under Equity
Compensation Plans (Excluding Shares
Reflected in Column (a))
2,083,613 $16.77 7,571,583
On February 5, 2009, our board of directors approved an additional share repurchase program authorizing us to purchase up
to 2.5 million shares of our stock over the next six months as market and business conditions warrant. Our purchase of any of our
shares will be subject to limitations that may be imposed on such purchases by applicable securities laws and regulations and the
rules of The NASDAQ Stock Market. Purchases may be made in the open market, or in privately negotiated transactions from
Period
(1)
Total Number of
Shares
Purchased
Average Price
Paid per Share
Total Number of
Shares
Purchased as Part
of Publicly
Announced Plans
or
Programs
Approximate Dollar
Value of Shares That
May Yet be
Purchased Under the
Plans or Programs
(in 000’s)
October 1, 2008 –
October 31, 2008
1,195,235
$
10.60
1,195,235
$
14,234
November 1, 2008
–
November 30, 2008
611,011
$
9.11
611,011
$
14,110
December 1, 2008 –
December 31, 2008
143,056
$
8.56
143,056
$
13,048
Total
1,949,302
1,949,302
(1) On July 16, 2008, we approved a repurchase program authorizing a maximum of 2,000,000 shares to be repurchased with an
expiration date of no later than February 15, 2009. On October 16, 2008, this repurchase program was amended authorizing a
maximum total of 3,000,000 shares to be repurchased with an expiration date of no later than February 15, 2009. On
November 21, 2008, this repurchase program was further amended authorizing a maximum total of 3,800,000 shares to be
repurchased with an expiration date of no later than February 15, 2009.