TiVo 2013 Annual Report Download - page 38
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Table of Contents
November 1, through November 30, 2013 9,396 (1)$12.83 —$106,165,382
December 1, through December 31, 2013 430,658 (2)$12.38 398,366 $101,245,870
January 1, through January 31, 2014 1,268,398 (3)$12.24 1,261,288 $185,807,449
(1) During the month of November 2013 TiVo acquired 9,396 shares at a weighted average price of $12.83 from employees upon the vesting of restricted
stock.
(2) During the month of December 2013 TiVo acquired 32,292 shares at a weighted average price of $12.79 from employees upon the vesting of restricted
stock.
(3) During the month of January 2014 TiVo acquired 7,110 shares at a weighted average price of $12.62 from employees upon the vesting of restricted stock.
TiVo will continue to reacquire shares of stock from employees as their restricted stock grants vest.
On August 11, 2011, our board of directors authorized a $100 million discretionary share repurchase program that
became effective on August 29, 2011; on June 9, 2013 we announced that the Board had increased the amount of the discretionary share
repurchase program to $200 million and extended the program's termination date from August 29, 2013 to August 29, 2015. On January
29, 2014 we announced that the Board had increased the amount of the discretionary share repurchase program to $300 million. As of
January 31, 2014 we had purchased 10,340,446 shares of common stock under this program at a weighted average price of $11.04 per
share for an aggregate purchase price of $114.2 million and the remaining authorized amount for stock repurchases under this program was
$185.8 million with a termination date of August 29, 2015.
The following table and graph compares the cumulative total stockholder returns for our common stock, the NASDAQ Composite index
and the Research Data Group (“RDG”) Technology Composite index over the last five fiscal years. The graph and table assume an
investment of $100 in TiVo and in each index on January 31, 2009, and that dividends, if any were reinvested. The graph and table depict the
change in value of TiVo in relation to the indices as of January 31st of each subsequent year (and not for any interim or other period). The
stock performance shown on the graph and table below is not necessarily indicative of future price performance.
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