Amgen 2012 Annual Report Download - page 65

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58
During the three months and year ended December 31, 2012, we had one outstanding stock repurchase program. Our
repurchase activity for the three months and year ended December 31, 2012, was as follows:
Total
number of
shares
purchased
Average
price paid
per share(1)
Total number
of shares
purchased as
part of
publicly
announced
program
Maximum dollar
value that may
yet be purchased
under the
program(2)
October 1 - October 31 2,215,600 $ 86.39 2,215,600 $ 1,372,784,941
November 1 - November 30 7,723,400 85.72 7,723,400 710,747,356
December 1 - December 31 4,304,000 88.16 4,304,000 2,331,298,539
14,243,000 86.56 14,243,000
January 1 - December 31 62,334,610 $ 74.79 62,334,610
(1) Average price paid per share includes related expenses.
(2) On October 13, 2011, our Board of Directors increased the authorization for repurchase of our common stock to an aggregate
of $10 billion. On December 13, 2012, our Board of Directors increased the authorization for repurchase of our common
stock by an additional $2 billion.
Dividends
We began paying quarterly cash dividends in 2011. On July 28 and October 13, 2011, the Board of Directors declared
quarterly cash dividends of $0.28 per share of common stock, which were paid on September 8 and December 8, 2011, respectively.
On December 15, 2011, and March 15, July 19 and October 10, 2012, the Board of Directors declared quarterly cash dividends
of $0.36 per share of common stock, which were paid on March 7, June 7, September 7 and December 7, 2012, respectively.
Additionally, on December 13, 2012, the Board of Directors declared a quarterly cash dividend of $0.47 per share of common
stock, which will be paid on March 7, 2013.
We expect to continue to pay quarterly dividends, although the amount and timing of any future dividends are subject to
approval by our Board of Directors.