PART II
ITEM 5—MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on the Nasdaq Global Select Market under the symbol TXRH.The number of holders of record of our common stock as of February 19, 2020 was 189.On February 20, 2020, our Board of Directors authorized the payment of a cash dividend of $0.36 per share of
common stock. This payment will be distributed on March 27, 2020, to shareholders of record at the close of business on
March 11, 2020. In 2011, our Board of Directors declared our first quarterly dividend of $0.08 per share of common
stock. We have consistently grown our per share dividend each year since that time and our long term strategy includes
increasing our regular quarterly dividend amount over time. The declaration and payment of cash dividends on our
common stock is at the discretion of our Board of Directors, and any decision to declare a dividend will be based on a
number of factors including, but not limited to, earnings, financial condition, applicable covenants under our amended
credit facility and other contractual restrictions, or other factors deemed relevant.
Unregistered Sales of Equity SecuritiesThere were no equity securities sold by the Company during the period covered by this Annual Report on
Form 10-K that were not registered under the Securities Act of 1933, as amended.
Issuer Repurchases of SecuritiesOn May 31, 2019, our Board of Directors approved a stock repurchase program which authorized us to repurchase
up to $250.0 million of our common stock. This stock repurchase program has no expiration date and replaced a
previous stock repurchase program which was approved on May 22, 2014. The previous program authorized us to
repurchase up to $100.0 million of our common stock and did not have an expiration date. All repurchases to date under
our stock repurchase program have been made through open market transactions. The timing and the amount of any
repurchases will be determined by management under parameters established by our Board of Directors, based on an
evaluation of our stock price, market conditions and other corporate considerations. Since commencing our repurchase
program in 2008, we have repurchased a total of 17,470,096 shares of common stock at a total cost of $356.4 million
through December 31, 2019 under authorizations from our Board of Directors.
The following table includes information regarding purchases of our common stock made by us during the
14 weeks ended December 31, 2019 in connection with the repurchase programs described above:
Total Number Maximum Number
of Shares (or Approximate
Purchased as Dollar Value) of
Part of Publicly Shares that May
Total Number Average Announced Yet Be Purchased
of Shares Price Paid Plans or Under the Plans
Period Purchased per Share Programs or Programs
September 25 to October 22 ........................... 96,802 $ 50.15 96,802 $ 164,410,020
October 23 to November 19 ........................... 36,636 $ 53.25 36,636 $ 162,459,227
November 20 to December 31 ......................... 36,749 $ 56.63 36,749 $ 160,378,001
Total .............................................. 170,187 170,187