WEN » Topics » Issuer Repurchases of Equity Securities (1)

This excerpt taken from the WEN 10-K filed Mar 1, 2007.

Issuer Repurchases of Equity Securities (1)

 

Period

 

Total Number of
Shares Purchased

   

Average Price
Paid Per
Share

   

Total Number of
Shares Purchased
As Part of
Publicly Announced
Plan(1)

   

Approximate Dollar
Value of Shares
That May Yet Be
Purchased Under
the Plan (1)

 

October 2, 2006
through
October 29, 2006

 

 

 

   

 

   

   

   

 

$

 

50,000,000

 
 

October 30, 2006
through
November 26, 2006

 

 

 

   

 

   

   

   

 

$

 

50,000,000

 
 

November 27, 2006
through
December 31, 2006

 

 

 

2,467,917
8,462,504

   

Class A (2)
Class B (2)

   

$21.17 (2)
$19.48 (2)

   

 

   

 

$  
50,000,000
   
 

Total

 

 

 

2,467,917
8,462,504

   

Class A
Class B

   

   

   

 

$

 

50,000,000

 

30


 

(1)

 

 

 

On May 11, 2006, we announced that our existing stock repurchase program, which was originally approved by our board of directors on January 18, 2001, had been extended until June 30, 2007 and that the amount available under the program had been replenished to permit the purchase of up to $50.0 million of our Class A Common Stock and Class B Common Stock. No transactions were effected under our stock repurchase program during the fourth fiscal quarter of 2006.

 

(2)

 

 

 

Reflects an aggregate of 2,467,917 and 8,462,504 shares of our Class A Common Stock and Class B Common Stock, respectively, tendered as payment of (i) the exercise price of employee stock options and (ii) tax withholding obligations in respect of such exercises. The shares were valued at the respective closing prices of our Class A Common Stock and Class B Common Stock on the various dates of exercise of the employee stock options.

31


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