SOHU » Topics » Stock Repurchase Program

This excerpt taken from the SOHU 8-K filed Oct 28, 2009.

Stock Repurchase Program

For the third quarter of 2009, no shares were repurchased under the US$150 million share repurchase program approved by the Company’s Board of Directors in October 2008. As of September 30, 2009, approximately 500,000 shares had been repurchased under this program for a total consideration of US$20 million.

This excerpt taken from the SOHU 8-K filed Jul 29, 2009.

Stock Repurchase Program

For the second quarter of 2009, no shares were repurchased under the US$150 million share repurchase program approved by the Company’s Board of Directors in October 2008. As of June 30, 2009, approximately 500,000 shares had been repurchased under this program for a total consideration of US$20 million.

This excerpt taken from the SOHU 8-K filed May 6, 2009.

Stock Repurchase Program

For the first quarter of 2009, no shares were repurchased under the US$150 million share repurchase program approved by the Company’s Board of Directors in October 2008. As of April 30th, under this program, approximately 500,000 shares were repurchased for a total consideration of US$20 million.

This excerpt taken from the SOHU 8-K filed Nov 1, 2006.

Stock Repurchase Program

As we previously reported, on August 2nd we completed a $15 million stock repurchase program. As of today, we have another $15 million stock repurchase program approved by the board of directors which is still ongoing. We will continue to execute this program and repurchase shares on an ongoing and opportunistic basis.

This excerpt taken from the SOHU 8-K filed Aug 3, 2006.

Stock Repurchase Program

As we reported previously, 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, of up to US$15 million. On July 25, the board of directors approved an increase in the total amount of the program from US$15 million to US$30 million. As of July 26, 2006, Sohu has repurchased 284,000 shares under this program and utilized US$6.2 million.

This excerpt taken from the SOHU 8-K filed Nov 14, 2005.

Stock Repurchase Program

 

Sohu today announced its Board of Directors has approved a stock repurchase program in which the Company plans to purchase up to US$15 million of its outstanding shares in the open market.

 

During the Company’s previous stock repurchase program, the Company purchased a total of $37.7 million, or roughly 6% of the shares outstanding, from May 2004 to February 2005. As of October 31, 2005, Sohu had approximately 36.6 million shares of common stock outstanding.

 

This excerpt taken from the SOHU 10-K filed Mar 25, 2005.

Stock Repurchase Program

 

In October 2004, our Board of Directors continued and expanded the stock repurchase program we announced in April 2004. During the three months ended December 31, 2004, the company repurchased 360,500 shares of its common stock at an average price of $16.99 per share including brokerage commissions of $0.03 per share.

 

-35-


Table of Contents

The following summarizes the purchases for the three months ended December 31, 2004:

 

Period


   (a) Total
Number of
Shares
Purchased


  

(b) Average

Price Paid

per Share


   (c) Total Number of
Shares Purchased as
Part of Publicly
Announced Program (1)


  

(d) Maximum Approximate
Dollar Value of

Shares that May

Yet Be Purchased

Under the Program (1)


October 1 to October 31, 2004

   —      $ —      —      $ —  

November 1 to November 30, 2004

   360,500      16.99    360,500      13,875,000

December 1 to December 31, 2004

   —        —      —        13,875,000
    
         
      

Total

   360,500           360,500       
    
         
      

(1) Expanded program, for up to $20,000,000, was announced in October 2004.

 

In February 2005, we repurchased 885,605 shares at an average price per share of $15.66, including brokerage commissions of $0.03 per share, for total consideration of $13.87 million. This completed the current stock repurchase program.

 

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