BofI Holding Inc. Q3 2006 Earnings Conference Call Transcript (BOFI)

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2006-05-10 14:07:27.0

Tags: BofI Holding Inc.

Question-and-Answer Session

Operator

Operator instructions. Our first question is coming from John Lucas from Wedbush Morgan Securities.

Q - John Lucas, Wedbush Morgan Securities

Gary, or Andy, could you walk me through again the number of shares that were issued on the convertible preferred and the number of shares that you have purchased in the last six months?

A - Andrew Micheletti

Excellent. Let me go through that. This information is in your 10-Q specifically, there was 107,000 shares repurchased in connection with the stock buyback program. There was, on the conversion of the preferred stock, a total of 142,800 shares that were added to common stock from the conversion from preferred stock.

Q - John Lucas, Wedbush Morgan Securities

Did you not purchase any shares during the March quarter?

A - Andrew Micheletti

No, we did not.

Q - John Lucas, Wedbush Morgan Securities

OK. And you still have, in effect, your program to buy in 400,000+ shares? That's what you've purchased?

A - Gary Lewis Evans

The program is still in place. Now, there's so many factors that come into the purchase equation, but we didn't purchase any this last quarter.

Q - John Lucas, Wedbush Morgan Securities

OK. Thank you so much.

A - Gary Lewis Evans

Thank you, John.

Operator

Thank you. Operator instructions. Sir, there appears to be no further questions.

A - Gary Lewis Evans

All right. Thank you all.

Operator

This concludes today's BofI Holding Inc. conference call. You may now disconnect your lines at this time and have a wonderful day.

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