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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Information with Respect to Ordinary Shares that were Surrendered, Repurchased or Redeemed

The following table provides information with respect to the A ordinary shares that were surrendered, repurchased, or redeemed in 2016:

 

Period (1)

   Total Number
of Shares
Purchased or
Redeemed
    Average
Price Paid
Per Share
     Total Number of
Shares
Purchased as
Part of Publicly
Announced

Plan or Program
     Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Plans or Programs
 

A ordinary shares:

          

January 1 – 31, 2016

     12,410 (2)    $ 29.02        —          —    

February 1 – 29, 2016

     15,093 (2)    $ 28.25        —          —    

May 1 – 31, 2016

     596 (2)    $ 30.56        —          —    
  

 

 

   

 

 

    

 

 

    

Total

     28,099     $ 28.64        —       
  

 

 

   

 

 

    

 

 

    

 

(1) Based on settlement date.
(2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock.

 

The following table provides information with respect to ordinary shares that were surrendered, repurchased, or redeemed in 2015:

 

Period (1)

   Total Number
of Shares
Purchased or
Redeemed
    Average
Price Paid
Per Share
     Total Number of
Shares
Purchased as
Part of Publicly
Announced

Plan or Program
     Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Plans or Programs
 

A ordinary shares:

          

January 1 – 31, 2015

     9,009 (2)    $ 28.37        —          —    

March 1 – 31, 2015

     2,290 (2)    $ 26.98        —          —    

May 1 – 31, 2015

     596 (2)    $ 27.01        —          —    

November 1 – 30, 2015

     8,260,870 (3)    $ 23.00        —          —    
  

 

 

   

 

 

    

 

 

    

Total

     8,272,765     $ 23.01        —       
  

 

 

   

 

 

    

 

 

    

 

(1) Based on settlement date.
(2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock.
(3) Of these shares, 7,928,004 shares were converted from B ordinary shares to A ordinary shares. Of the 7,928,004 converted shares, 4,555,061 were redeemed and 3,372,943 went into a liquidating trust.