Best Buy 2007 Annual Report Download - page 39

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24
The following table presents the totalnumber of shares repurchasedduring the fourth quarter of fiscal2007 by fiscal month,
the average pricepaidper share, the number of shares that were purchased as part of apublicly announced repurchase
plan,and the approximate dollarvalueof sharesthat may yet be purchased pursuant to the$1.5 billion share repurchase
program as of theend of fiscal 2007:
Fiscal Period
Total Number
of Shares
Purchased
Average
Price Paid
per Share
TotalNumberof
Shares Purchased
as Part of Publicl
y
Announced Plans
or Programs(1)
Approximate Dollar
Value of Shares
that MayYetBe
Purchased Under
the Plans or
Programs(1)
November 26, 2006, through December 30,20061,692,806 $49.411,692,806 $1,265,000,000
December31, 2006, through January 27, 2007 649,97749.21 649,9771,233,000,000
January 28, 2007, through March 3, 2007 ———1,233,000,000
Total Fiscal 2007 Fourth Quarter 2,342,783 $49.362,342,783 $1,233,000,000
1
(1) Pursuant to a$1.5 billion share repurchase program announced on June 21, 2006. There is no expiration date governing the period
over which we canmake ourshare repurchases under the June 2006 share repurchase program. The June 2006 share repurchase
program terminated andreplaceda $1.5 billionsharerepurchase program announced on April 27,2005.
Additional information regarding our sharerepurchase program is included in the Liquidity and Capital Resources and
Outlook for Fiscal 2008 sections of Management’s Discussionand Analysis of Financial Condition and Results of Operations,
included as Item 7 of this Annual Report on Form 10-K.
SecuritiesAuthorizedforIssuance Under Equity Compensation Plans
The following table provides information about Best Buy Common Stock that may be issuedunder our equity compensation
plansas of March 3, 2007.
Plan Category
Securities to Be Issued
Upon Exercise of
Outstanding
Options
Weighted
Average
Exercise Price
per Share(1)
Securities
Available fo
r
Future
Issuance (2)
Equity compensation plans approved by security holders(3)31,376,985 (4) $35.81 11,911,862
Equity compensationplans not approved by securityholders(5)11,250 34.44 N
A
Total 31,388,235$35.81 11,911,862
(1) Includes weighted average exercise priceofoutstandingstock options only.
(2) Includes 3,978,674shares of Best Buy Common Stock which have been reserved for issuance under the Best Buy Co.,Inc. 2003
Employee Stock Purchase Plan.
(3) Includes the 1994 Full-Time Non-Qualified Stock Option Plan,the 1997 Directors’Non-QualifiedStock Option Plan, the 1997
EmployeeNon-QualifiedStock Option Plan,theAssumed Musicland 1998 Stock IncentivePlan, the2000 Restricted StockAward
Plan, andthe 2004 OmnibusStockand Incentive Plan.
(4) Includes grants of stockoptions andperformance-basedandtime-basedrestricted stock.
(5) Represents non-plan optionsissued to oneofourexecutive officers in 2002 in consideration of hisservice to theBoard prior to his
employment with Best Buy.