Travelzoo 2015 Annual Report Download - page 72

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29
Repurchases of Equity Securities
We repurchased 212,000 shares of our equity securities during the three months ended December 31, 2015.
Period
Total Number of
Shares
Purchased
Average Price
Paid
per Share
Total Number of
Shares
Purchased
as Part of
Publicly
Announced
Programs
Maximum Shares
that May Yet
be Purchased Under
the Programs (1)
October 1, 2015 - October 31, 2015 — — — 268,000
November 1, 2015 - November 30, 2015 — $ — — 268,000
December 1, 2015 - December 31, 2015 212,000 $ 8.49 212,000 56,000
212,000 212,000
(1) In July 2012, the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares
of the Company’s outstanding common stock. As of December 31, 2013, 971,000 shares were repurchased and therefore
there were 29,000 shares remaining to be repurchased under this program. In January 2014, the Company announced a
stock repurchase program authorizing the repurchase of up to 500,000 shares of the Company’s outstanding common
stock. During the year ended December 31, 2014, the Company repurchased 261,000 shares of common stock, and
therefore there were 268,000 shares remaining to be repurchased under this program as of December 31, 2014. During
the three months ended December 31, 2015, the Company repurchased 212,000 shares of common stock and therefore
there were 56,000 shares remaining to be repurchased under this program as of December 31, 2015. In February 2016,
the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the
Company’s outstanding common stock.