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Re: JimLur post# 418855

Wednesday, 08/16/2017 7:33:05 PM

Wednesday, August 16, 2017 7:33:05 PM

Post# of 432567
JimLur: From the 2016 annual report:

Repurchase of Common Stock
In June 2014, our Board of Directors authorized a $300 million share repurchase program (the “2014 Repurchase Program”), and in June 2015, our Board of Directors authorized a $100 million increase to the 2014 Repurchase Program, bringing the total amount of the program to $400 million. The Company may repurchase shares under the 2014 Repurchase Program through open market purchases, pre-arranged trading plans or privately negotiated purchases.
The table below sets forth the number of shares repurchased and the dollar value of shares repurchased under the 2014 Repurchase Program during 2016, 2015 and 2014, in thousands.


2014 Repurchase Program

YEAR # OF SHARES $ VALUE
2016 1,304,000 $ 64,685,000
2015 1,836,000 $ 96,410,000
2014 1,554,000 $152,625,000
TOTAL 6,694,000 $313,720,000

Quarterly reports can tell by quarter the number of shares purchased and average purchase price.

To my recollection there were NO shares repurchased in 2017.

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