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The Company announced that to date it has repurchased approximately $188 million of its common stock under the repurchase program. After such repurchases, the Company has approximately 23 million shares of common stock outstanding on a fully diluted basis.
At December 21, 2000, there were 2,562 Papa John's restaurants (627 company-owned and 1,935 franchised) operating in 49 states and ten international markets. Papa John's also owns or franchises 205 Perfect Pizza restaurants (7 company-owned and 198 franchised) in the United Kingdom. For more information about the Company, visit Papa John's at www.papajohns.com.