SOHU » Topics » Repurchases of Equity Securities

This excerpt taken from the SOHU 10-Q filed Nov 6, 2006.

Repurchases of Equity Securities

In October 2005, the board of directors approved the Company’s repurchase of outstanding shares of its common stock from the open market, on an opportunistic basis, up to $15 million. During the three months ended September 30, 2006, we had repurchased 690,581 shares at an average price of $21.72, utilizing the $15 million available under this program. On July 25, 2006, the board of directors approved an additional $15 million stock repurchase program.

The following table summarized the repurchase for the three months ended September 30, 2006:

 

Period

   Total Number
of Shares
Purchased
   Average
Price
Paid Per
Share
   Total Number of
Shares Purchased as
Part of Publicly
Announced Programs
  

Maximum Approximate
Dollar Value of Shares
that May Yet Be
Purchased Under the
Programs

(in thousands)

July 1 through July 31, 2006

   284,002    $ 21.84    284,002    $ 23,797

August 1 through August 31, 2006

   406,579      21.64    406,579      15,000

September 1 through September 30, 2006

   —        —      —        15,000
               

Total

   690,581       690,581   
               
This excerpt taken from the SOHU 10-Q filed May 2, 2005.

Repurchases of Equity Securities

 

In the first quarter of 2005, our Board of Directors continued the expanded the stock repurchase program we announced in October 2004. During the three months ended March 31, 2005, the Company repurchased 885,605 shares of its common stock at an average price of $15.66 per share, including brokerage commissions of $0.03 per share. This completed the current stock repurchase program.

 

The following table summarized the repurchase for the three months ended March 31, 2005:

 

Period


   (a) Total
Number
of Shares
Purchased


  

(b) Average
Price

Paid Per
Share


    (c) Total Number of
Shares Purchased as
Part of Publicly
Announced Programs


   (d) Maximum
Approximate Dollar
Value of Shares that May
Yet Be Purchased Under
the Programs


January 1 through January 31, 2005

   —      $ —       —      $ 13,875,000

February 1 through February 28, 2005

   885,605      15.66 *   885,605      —  

March 1 through March 31, 2005

   —        —       —        —  
    
          
      

Total

   885,605            885,605       
    
          
      

* Includes brokerage commissions of $0.03 per share.

 

EXCERPTS ON THIS PAGE:

10-Q
Nov 6, 2006
10-Q
May 2, 2005

RELATED TOPICS for SOHU:

"Repurchases of Equity Securities" elsewhere:

Symantec (SYMC)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki