Black & Decker 2014 Annual Report Download - page 31

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17
Effective Amendment to the Registration Statement to reflect that, as a result of the Stock Split, the number of shares of
Common Stock registered for issuance under the Plan increased from 3,000,000 to 6,000,000. The Company has always treated
all shares issued under the Plan as outstanding for financial reporting purposes and the Company has always provided the
participants in the Plan with the required information regardless of the number of shares of Common Stock covered by the
Registration Statement.
Issuer Purchases of Equity Securities
The following table provides information about the Company’s purchases of equity securities that are registered by the
Company pursuant to Section 12 of the Exchange Act for the three months ended January 3, 2015:
2014
(a) Total Number Of
Shares Purchased
Average Price Paid
Per Share
Total Number
Of Shares
Purchased As Part Of
A Publicly
Announced Plan
or Program
Maximum Number Of
Shares That May
Yet Be Purchased
Under The Program
September 28 - November 1 ..... 2,427 $ 82.53 ——
November 2 - November 29...... — $ — ——
November 30 - January 3 .......... 78,967 $ 95.15 ——
Total........................................... 81,394 $ 94.77 ——
(a) The shares of common stock in this column were deemed surrendered to the Company by participants in various benefit
plans of the Company to satisfy the participants’ taxes related to vesting or delivery of time-vesting restricted share
units under those plans.
On July 23, 2014, the Board of Directors approved a new repurchase of up to 25 million shares of the Company's common
stock, of which all remain authorized for repurchase as of January 3, 2015. Furthermore, approximately 1.6 million shares are
reserved for purchase in connection with the forward share purchase contract entered into in the fourth quarter of 2014. The
contract obligates the Company to pay $150.0 million, plus an additional amount related to the forward component of the
contract, to the financial institution counterparty not later than October 2016, or earlier at the Company's option. Refer to Note
J, Capital Stock for further discussion.