Green Dot 2015 Annual Report Download - page 34

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28
(1) The average price paid per share is calculated on a trade date basis and excludes commission.
(2) In December 2015, we entered into a $10 million agreement to repurchase shares under Rule 10b5-1 of the Exchange Act. Of this amount,
we repurchased approximately $1.7 million, or 0.1 million shares, in December 2015, and the remainder was completed in January 2016.
Under this agreement, we repurchased a total of approximately 0.6 million shares at an average price of $16.15.
(3) The approximate dollar value of shares that may yet be purchased under the plans or programs is reduced by the $40 million that reflects
the aggregate value of the stock held back by Bank of America Merrill Lynch pending final settlement of our accelerated share repurchase
agreements with this firm. See Note 11 - Stockholders’ Equity to the Consolidated Financial Statements included herein.
Through December 31, 2015, our Board of Directors had authorized the repurchase of up to $150 million of common
stock. As of December 31, 2015, we had repurchased 1.9 million shares of our common stock in the aggregate at an
average price of $17.20 per share for an aggregate purchase price of $41.7 million since inception of the stock
repurchase program, and the remaining authorized amount for stock repurchases under this program was $108.3
million with no termination date.
Stock Performance Graph
This performance graph shall not be deemed “filed” for purposes of section 18 of the Exchange Act, or otherwise
subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of
Green Dot Corporation under the Securities Act or the Exchange Act.
The graph and table below compare the cumulative total stockholder return of Green Dot Corporation Class A
common stock, the Russell 2000 Index, the S&P Small Cap 600 Index and the S&P 500 Financials Index for the period
beginning on the close of trading on the NYSE on December 31, 2010 and ending on the close of trading on the NYSE
on December 31, 2015. The graph assumes a $100 investment in our Class A common stock and each of the indices,
and the reinvestment of dividends.