OUTERWALL INC | 2013 | FY | 3

On October 29, 2013 we entered into a DSB Agreement with Wells Fargo Securities at a notional amount of $100.0 million. The DSB Agreement was concluded on December 24, 2013. The total number of shares received under the DSB Agreement was determined based on the arithmetic mean of the daily volume weighted average price of our common stock minus discount over the term of the DSB Agreement.
Share repurchase and amounts in thousands
Shares Delivered
Total shares delivered from DSB Agreement
1,514

Average price per share less discount
$
66.06

Total repurchase amount from DSB Agreement
$
100,000

The following repurchases were made during the past three years, shares and dollars in thousands except per share price:
Year Ended December 31,
Number of Shares
Repurchased
 
Average Price per Share
 
Total Purchase Price
2011
1,374,036

 
$
46.10

 
$
63,349

2012
2,799,115

 
49.92

 
139,724

2013
3,306,433

 
58.98

 
195,004

Total
7,479,584

 
 
 
$
398,077

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