Cabela's 2013 Annual Report Download - page 36

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26
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Price Range of Common Stock
The common stock of Cabela’s Incorporated is listed for trading on the New York Stock Exchange under the
symbol “CAB.” As of February 10, 2014, there were 827 holders of record of our common stock. This number does
not include persons who hold our common stock in nominee or “street name” accounts through brokers or banks.
The following table sets forth, for the fiscal quarters indicated, the high and low sales prices per share of our
common stock as reported on the New York Stock Exchange:
2013 2012
High Low High Low
First Quarter $ 62.22 $ 40.58 $ 39.80 $ 23.65
Second Quarter 72.54 53.07 41.61 33.10
Third Quarter 71.80 62.45 55.65 37.06
Fourth Quarter 66.47 58.17 56.78 38.44
Issuer Purchases of Equity Securities
On August 23, 2011, our Board of Directors authorized a share repurchase program that provides for share
repurchases on an ongoing basis to offset dilution resulting from equity awards under our current or future
equity compensation plans. These shares are to be repurchased from time to time in open market transactions or
privately negotiated transactions at our discretion, subject to market conditions, customary blackout periods, and
other factors.
Pursuant to this share repurchase program, we announced on February 14, 2013, our intent to repurchase up
to 750,000 shares of our common stock in open market transactions through February 2014. During fiscal 2013, we
repurchased 181,179 shares (which includes 17,439 shares withheld to offset tax withholding obligations upon the
vesting and release of certain restricted shares). We did not engage in any stock repurchase activity in any of the
three fiscal months in the fourth fiscal quarter ended December 28, 2013. There were 586,260 shares remaining to
be purchased at December 28, 2013, under the February 2013 repurchase program.
We announced on February 13, 2014, our intent to repurchase up to 650,000 shares of our common stock in
open market transactions through February 2015. This share repurchase program does not obligate us to repurchase
any outstanding shares, and the program may be limited or terminated at any time. There is no guarantee as to the
exact number of shares that we will repurchase.