| Repurchase of shares |
The following table is a summary of the shares repurchased by the Company during 2015 under the Repurchase Program. No shares were repurchased during 2015 except during the month indicated and all shares were purchased through privately negotiated transactions as a mean of exercising share options from Xunlei's employees pursuant to the Repurchase Program (in thousands, except per share and per ADS amounts):
| Periods |
|
Total Number of
ADS Purchased |
|
|
Average Price
Paid Per ADS |
|
|
Total Number of
ADSs Purchased as
Part of the Publicly
Announced Plan |
|
|
Approximate Dollar
Value of ADSs that May
Yet Be Purchased Under
the Plan(note b) |
|
| March 12 - March 31 (note a) |
|
|
192,803 |
|
|
|
6.44 |
|
|
|
192,803 |
|
|
|
2,814,715 |
|
| April 7 – April 7 |
|
|
1,000 |
|
|
|
6.65 |
|
|
|
1,000 |
|
|
|
2,813,715 |
|
| September 29 – September 30 |
|
|
2,940 |
|
|
|
7.13 |
|
|
|
2,940 |
|
|
|
2,810,775 |
|
| December 18 – December 30 |
|
|
16,876 |
|
|
|
6.94 |
|
|
|
16,876 |
|
|
|
2,793,899 |
|
| Total |
|
|
213,619 |
|
|
|
— |
|
|
|
213,619 |
|
|
|
2,793,899 |
|
Note a |
In December 2014, our board of directors authorized a share repurchase program, or the Repurchase Program, whereby our company may repurchase up to US$20 million of our common shares or ADSs from December 22, 2014 to December 31, 2015. The share repurchases may be made in accordance with applicable laws and regulations through open market transactions, privately negotiated transactions or other legally permissible means as determined by our management, including through Rule 10b5-1 share repurchase plans. We publicly announced the Repurchase Program on December 22, 2014.
|
|
Note b |
Due to the expiration of the Repurchase Program, such amount is no longer available for repurchase after December 31, 2015.
|
|
Note c |
In January 2016, our board of directors authorized a second share repurchase program, whereby our company may repurchase up to US$20 million of our common shares or ADSs from January 27, 2016 to December 31, 2016 through the same means as the Repurchase Program. |
|