Repurchases of Helen of Troy Common Stock

3 Months Ended

May 31, 2016

Repurchase of Helen of Troy Common Stock

Repurchase of Helen of Troy Common Stock

Note 14 – Repurchase of Helen of Troy Common Stock

As of May 31, 2016, we were authorized by our Board of Directors to purchase up to $158.57 million of common stock in the open market or through private transactions. Our current equity-based compensation plans include provisions that allow for the “net exercise” of share settled awards by all plan participants. In a net exercise, any required payroll taxes, federal withholding taxes and exercise price of the shares due from the option holder can be paid for by having the option holder tender back to the Company a number of shares at fair value equal to the amounts due. These transactions are accounted for by the Company as a purchase and retirement of shares and are included in the table below as common stock received in connection with share-based compensation.

The following table summarizes our share repurchase activity for the periods covered below:

SHARE REPURCHASES

	Three Months Ended May 31,
	2016		2015
Common stock received in connection with share-based compensation:
Number of shares		4,606		-
Aggregate value of shares (in thousands)	$	442	$	-
Average price per share	$	96.03	$	-