Create Value
Management Focused on Creating Value
- Share repurchases – 32.8 million repurchased at $20.65 per share as of March 31, 2005; represents more than $676 million since inception of program
- Dividends – Current quarterly cash dividend of $0.225/share; subject to board approval and business performance, expect to pay future dividends at comparable or increased rate in the future
Equity Performance
- 5 year annualized share price appreciation in excess of 27%
Source: Choice Internal Data as of March 2005.