PTRY » Topics » Issuer Purchases of Equity Securities
This excerpt taken from the PTRY 10-K filed Nov 26, 2007.
Issuer Purchases of Equity Securities
(In thousands, except average price paid per share)
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 (1)
June 29, 2007July 26, 2007
July 27, 2007August 30, 2007
August 31, 2007September 27, 2007
In August 2007, our Board of Directors authorized the purchase of up to $35.0 million of our common stock in each of fiscal 2007 and fiscal 2008, but not to exceed an aggregate of
$50.0 million. We intend to use available cash to purchase additional shares under the share repurchase program. At the discretion of our management, the repurchase program can be implemented through open market or privately negotiated transactions,
in accordance with SEC regulations. The repurchase program will expire on September 25, 2008. As of September 27, 2007, the total remaining authorization under the repurchase program was $28.3 million.