Cabela's 2011 Annual Report Download - page 37

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27
Issuer Purchases of Equity Securities
On August 23, 2011, the Company’s Board of Directors authorized a share repurchase program to repurchase
up to 800,000 shares of the Company’s common stock. The authorization by the Company’s Board of Directors
also provides for share repurchases on an ongoing basis to offset dilution resulting from equity awards under the
Company’s current or future equity compensation plans. The shares are repurchased from time to time in open
market transactions or privately negotiated transactions at the Company’s discretion, subject to market conditions,
customary blackout periods, and other factors.
The following table shows the stock repurchase activity for each of the three fiscal months in the fiscal
quarter ended December 31, 2011:
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Maximum Number
of Shares That May
Yet be Purchased
Under Publicly
Announced Plans
or Programs
Prior to October 2, 2011 (1) 14,495 $ 21.17 - -
October 2 through October 29, 2011 - - - 800,000
October 30 through December 3, 2011 800,000 24.95 800,000 -
December 4 through December 31, 2011 - - - -
Tot al 814,495 $ 24.88 800,000
(1) Reflects shares of common stock withheld (under the terms of grants under a stock compensation plan) to
offset tax withholding obligations upon the vesting and release of restricted shares on July 7, 2011.