Comcast 2009 Annual Report Download - page 24

Table of Contents
Part II
The table below summarizes our repurchases under our Board-authorized share repurchase program during 2009.
The total number of shares purchased during 2009 does not include any shares received in the administration of employee share-
based compensation plans.
Period
Total Number
of Shares
Purchased
Average Price
per Share
Total Number
of Shares
Purchased as
Part of
Publicly
Announced
Program
Total Dollar
Amount
Purchased Under
the Program
Maximum Dollar
Value of Shares That
May Yet Be
Purchased Under
the Program(a)
First Quarter 2009
—
$
—
—
$
—
$
4,106,044,773
Second Quarter 2009
15,546,200
$
13.83
15,546,200
$
215,008,681
$
3,891,036,092
Third Quarter 2009
16,097,056
$
15.53
16,097,056
$
250,001,477
$
3,641,034,615
October 1–31, 2009 —
$
— —
$
—
$
3,641,034,615
November 1–30, 2009 —
$
— —
$
—
$
3,641,034,615
December 1
–
31, 2009
18,119,000
$
16.56
18,119,000
$
300,059,336
$
3,340,975,279
Total
49,762,256
$
15.37
49,762,256
$
765,069,494
$
3,340,975,279
(a)
In 2007, our Board of Directors authorized a $7 billion addition to our existing share repurchase authorization. Under this authorization, we may repurchase shares in the
open market or in private transactions, subject to market conditions. The current share repurchase program does not have an expiration date. As of December 31, 2009,
we had approximately $3.3 billion of availability remaining under our share repurchase authorization. We intend to complete repurchases under the current share
repurchase authorization by the end of 2012, subject to market conditions.
Comcast 2009 Annual Report on Form 10-K
18
Item 5: Market for the Registrant’s Common
Equity, Related Stockholder Matters and
Issuer Purchases of Equity Securities
Our Class A common stock is listed on the NASDAQ Global
Select Market under the symbol CMCSA and our Class A
Special common stock is listed on the NASDAQ Global
Select Market under the symbol CMCSK. There is no
established public trading market for our Class B common
stock. Our Class B common stock can be converted, on a
share for share basis, into Class A or Class A Special
common stock.
Our Board of Directors approved the following quarterly
dividends.
We expect to continue to pay quarterly dividends, although
each dividend is subject to approval by our Board of
Directors.
Dividend Per Share
Period
2009
2008
February
$
0.0675
$
0.0625
May
0.0675
0.0625
August
0.0675
0.0625
December
0.0945
0.0625
Total
$
0.2970
$
0.2500
Holders of our Class A common stock in the aggregate hold
66 /
3 % of the voting power of our capital stock. The
number of votes that each share of our Class A common
stock has at any given time depends on the number of
shares of Class A common stock and Class B common stock
then outstanding. Holders of shares of our Class A Special
common stock cannot vote in the election of directors or
otherwise, except where class voting is required by law. In
that case, shares of our Class A Special common stock have
the same number of votes per share as shares of Class A
common stock. Our Class B common stock has a 33 /
3 %
nondilutable voting interest, and each share of Class B
common stock has 15 votes per share. Mr. Brian L. Roberts
beneficially owns all outstanding shares of our Class B
common stock. Generally, including as to the election of
directors, holders of Class A common stock and Class B
common stock vote as one class except where class voting is
required by law.
Record holders as of December 31, 2009, are presented in
the table below.
Stock Class
Record Holders
Class A Common Stock
755,259
Class A Special Common Stock
2,082
Class B Common Stock
3
2
1