WBSN » Topics » (c) Issuer Purchases of Equity Securities

These excerpts taken from the WBSN 10-K filed Feb 28, 2008.

Issuer Purchases of Equity Securities

        On April 3, 2003, we announced that our Board of Directors authorized a stock repurchase program of up to 4 million shares of our common stock. On August 15, 2005, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total program size of up to 8 million shares. On July 25, 2006, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total program size of up to 12 million shares. The repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions. Depending on market conditions and other factors, including compliance with restrictive covenants contained in our senior secured credit facility, purchases under this program may commence or be suspended at any time, or from time to time, without prior notice. We repurchased 4.3 million shares in 2006, bringing the total number of shares repurchased as part of our stock repurchase program to 8,170,060 and leaving 3,829,940 as the maximum number of shares that may yet be repurchased under our stock repurchase program. We made no stock repurchases in the year ended December 31, 2007.

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Issuer Purchases of Equity Securities



        On April 3, 2003, we announced that our Board of Directors authorized a stock repurchase program of up to 4 million shares of our common stock. On
August 15, 2005, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total program size of up to
8 million shares. On July 25, 2006, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total
program size of up to 12 million shares. The repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions. Depending on
market conditions and other factors, including compliance with restrictive covenants contained in our senior secured credit facility, purchases under this program may commence or be suspended at any
time, or from time to time, without prior notice. We repurchased 4.3 million shares in 2006, bringing the total
number of shares repurchased as part of our stock repurchase program to 8,170,060 and leaving 3,829,940 as the maximum number of shares that may yet be repurchased under our stock repurchase program.
We made no stock repurchases in the year ended December 31, 2007.



31









This excerpt taken from the WBSN 10-K filed Feb 28, 2007.

Issuer Purchases of Equity Securities

On April 3, 2003, we announced that our Board of Directors authorized a stock repurchase program of up to 4 million shares of its common stock. On August 15, 2005, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total program size of up to 8 million shares. On July 25, 2006, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares, for a total program

28




size of up to 12 million shares. The repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions. Depending on market conditions and other factors, purchases under this program may commence or be suspended at any time, or from time to time, without prior notice. We repurchased 4.3 million shares in 2006, bringing the total number of shares repurchased as part of our stock repurchase program to 8,170,060 and leaving 3,829,940 as the maximum number of shares that may yet be repurchased under our stock repurchase program. We made no stock repurchases in the quarter ended December 31, 2006.

This excerpt taken from the WBSN 10-Q filed Nov 9, 2006.

(c) Issuer Purchases of Equity Securities

 

Month

 

Number of
shares
purchased
during month(1)

 

Average
price paid per
share

 

Cumulative
number of shares
purchased as part
of publicly
announced plan

 

Maximum number
of shares that may
yet be purchased
under the plan(
2)

 

July 2006

 

187,500

 

$

18.55

 

5,357,560

 

6,642,440

 

August 2006

 

2,812,500

 

$

19.50

 

8,170,060

 

3,829,940

 

September 2006

 

 

 

8,170,060

 

3,829,940

 

Total

 

3,000,000

 

$

19.44

 

8,170,060

 

3,829,940

 

 


1.                  The purchases were made in open-market transactions.

2.                  On April 3, 2003, we announced that our Board of Directors authorized a stock repurchase program of up to 4 million shares of our common stock. On August 15, 2005, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares of our common stock, for a total program size of up to 8 million shares of our common stock.  On July 25, 2006, we announced that our Board of Directors increased the size of the stock repurchase program by an additional 4 million shares of our common stock, for a total program size of up to 12 million shares of our common stock.

 

This excerpt taken from the WBSN 10-Q filed Aug 8, 2006.

(c) Issuer Purchases of Equity Securities

 

Month

 

Number of
shares
purchased
during month(
1)

 

Average
price paid per
share

 

Cumulative
number of shares
purchased as part
of publicly
announced plan

 

Maximum number
of shares that may
yet be purchased
under the plan(
2)

 

April 2006

 

 

 

4,170,060

 

3,829,940

 

May 2006

 

1,000,000

 

$

24.17

 

5,170,060

 

2,829,940

 

June 2006

 

 

 

5,170,060

 

2,829,940

 

Total

 

1,000,000

 

$

24.17

 

5,170,060

 

2,829,940

 


This excerpt taken from the WBSN 10-Q filed May 10, 2006.

(c) Issuer Purchases of Equity Securities

 

Month

 

Number of 
shares 
purchased 
during month(1)

 

Average 
price paid per 
share

 

Cumulative 
number of shares 
purchased as part 
of publicly 
announced plan

 

Maximum number 
of shares that may 
yet be purchased 
under the plan(2)

 

January 2006

 

 

 

3,870,060

 

4,129,940

 

February 2006

 

200,000

 

$

29.88

 

4,070,060

 

3,929,940

 

March 2006

 

100,000

 

$

29.28

 

4,170,060

 

3,829,940

 

Total

 

300,000

 

$

29.68

 

4,170,060

 

3,829,940

 

 


This excerpt taken from the WBSN 10-Q filed Nov 8, 2005.

(c)  Issuer Purchases of Equity Securities

 

Month

 

Number of
 shares
purchased
during month(1)

 

Average
 price paid per
share

 

Cumulative
 number of shares
purchased as part
 of publicly
announced plan

 

Maximum number
 of shares that may
yet be purchased
under the plan(2)

 

July 2005

 

 

 

1,331,000

 

669,000

 

August 2005

 

504,030

 

$

48.65

 

1,835,030

 

2,164,970

 

September 2005

 

 

 

1,835,030

 

2,164,970

 

Total

 

504,030

 

$

48.65

 

1,835,030

 

2,164,970

 

 


This excerpt taken from the WBSN 10-Q filed Aug 4, 2005.

(c)  Issuer Purchases of Equity Securities

 

Month

 

Number of
shares purchased
during month(1)

 

Average
price paid per
share

 

Cumulative
number of shares
purchased as part
of publicly
announced plan(2)

 

Maximum number
of shares that may
yet be purchased
under the plan

 

April 2005

 

 

 

1,131,000

 

869,000

 

May 2005

 

185,000

 

$

50.94

 

1,316,000

 

684,000

 

June 2005

 

15,000

 

$

55.59

 

1,331,000

 

669,000

 

Total

 

200,000

 

$

51.29

 

1,331,000

 

669,000

 

 


This excerpt taken from the WBSN 10-Q filed May 9, 2005.

(c)  Issuer Purchases of Equity Securities

 

Month
 
Number of
shares purchased
during month(1)
 
Average price
paid per
share
 
Cumulative
number of shares
purchased as part
of publicly
announced plan(2)
 
Maximum number
of shares that may
yet be purchased
under the plan
January 1st
through 31st
of 2005
 
 
 
1,006,000
 
994,000
February 1st
through 28th
of 2005
 
75,000
 
$56.46
 
1,081,000
 
919,000
March 1st
through 31st
of 2005
 
50,000
 
$56.85
 
1,131,000
 
869,000
Total
 
125,000
 
$56.62
 
1,131,000
 
869,000

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