Cabela's 2014 Annual Report Download - page 36

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26
PART I I
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 9, 2015, there were 819 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:
2014 2013
High Low High Low
First Quarter $ 72.53 $ 59.70 $ 62.22 $ 40.58
Second Quarter 70.69 58.25 72.54 53.07
Third Quarter 63.95 56.02 71.80 62.45
Fourth Quarter 60.18 46.24 66.47 58.17
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 the Company’s 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. 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.
Pursuant to this share 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. We did not engage
in any stock repurchase activity in any of the three fiscal months in the fourth fiscal quarter ended December 27,
2014, nor did we repurchase any shares in the first nine months of fiscal 2014; therefore, 650,000 shares were
available to be purchased at December 27, 2014, under the February 2014 repurchase program.