Avon 2007 Annual Report Download - page 23

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The Stock Performance Graph shall not be deemed to be
“soliciting material” or to be “filed” with the Securities and
Exchange Commission or subject to the liabilities of Section 18
under the Securities Exchange Act of 1934. In addition, it shall
not be deemed incorporated by reference by any statement that
incorporates this annual report on Form 10-K by reference into
any filing under the Securities Act of 1933 or the Securities
Exchange Act of 1934, except to the extent that we specifically
incorporate this information by reference.
Issuer Purchases of Equity Securities
The following table provides information with respect to our purchases of Avon Common Stock during the fourth quarter of 2007:
Total Number
of Shares
Purchased
Average Price
Paid per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Programs (1)
Approximate Dollar
Value of Shares that
May Yet Be Purchased
Under Programs
10/1/07 – 10/31/07 460,374(2) $37.87 459,500 $2,078,497,000
11/1/07 – 11/30/07 1,277,785(3) 40.68 1,276,400 2,026,559,000
12/1/07 – 12/31/07 984,734(4) 40.07 984,375 1,987,114,000
Total 2,722,893 2,720,275
(1) All of the shares were purchased in open-market transactions as part of Avon’s (i) $1.0 billion share repurchase program, publicly announced on February 1,
2005, and completed on December 17, 2007, and (ii) $2.0 billion share repurchase program, publicly announced on October 11, 2007. The $2.0 billion share
repurchase program commenced on December 17, 2007, upon the completion of the previous $1.0 billion share repurchase program, and is scheduled to
expire on December 17, 2012.
(2) Includes share repurchases under our publicly announced programs and 874 shares that were repurchased by us in connection with employee elections to use
shares to pay withholding taxes upon the vesting of their restricted stock units.
(3) Includes share repurchases under our publicly announced programs and 1,385 shares that were repurchased by us in connection with employee elections to
use shares to pay withholding taxes upon the vesting of their restricted stock units.
(4) Includes share repurchases under our publicly announced programs and 359 shares that were repurchased by us in connection with employee elections to use
shares to pay withholding taxes upon the vesting of their restricted stock units.
Securities Authorized for Issuance Under Equity Compensation Plans
Information regarding securities authorized for issuance under equity compensation plans is incorporated by reference to the “Equity Com-
pensation Plan Information” section of Avon’s Proxy Statement for the 2008 Annual Meeting of Shareholders.
A V O N 2007 17