Comcast 2011 Annual Report Download - page 42

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The table below summarizes our repurchases under our Board-authorized share repurchase program during
2011. Under our share repurchase program, our Board gives management discretion to purchase either
Class A or Class A Special common stock. During 2011, the Class A Special common stock traded at a dis-
count to the Class A common stock and all of the shares repurchased were of Class A Special common
stock. Subject to market conditions, including the amount of any price differential between the two classes of
common stock, we currently expect to continue to repurchase primarily Class A Special common stock under
our share repurchase program.
Period
Total Number of
Shares
Purchased
Average
Price Per
Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Authorization
Total Dollar
Amount
Purchased Under
the Authorization
Maximum Dollar
Value of Shares That
May Yet Be Purchased
Under the
Authorization(a)
First Quarter 2011 23,359,276 $ 22.51 23,329,832 $ 525,086,350 $ 1,615,873,870
Second Quarter 2011 22,558,133 $ 23.27 22,558,133 $ 525,000,000 $ 1,090,873,870
Third Quarter 2011 27,481,148 $ 21.83 27,481,148 $ 600,006,413 $ 490,867,457
October 1-31, 2011 — $ — — $ — $ 490,867,457
November 1-30, 2011 10,612,541 $ 22.61 10,612,541 $ 240,000,000 $ 250,867,457
December 1-31, 2011 11,308,588 $ 22.18 11,308,588 $ 250,867,457 $ —
Total 95,319,686 $ 22.47 95,290,242 $ 2,140,960,220 $ —
(a) In 2007, our Board of Directors authorized a $7 billion addition to our existing share repurchase authorization. As of December 31, 2011,
we no longer had any availability remaining under this share repurchase authorization.
The total number of shares purchased during 2011 includes 29,444 shares received in the administration of
employee share-based compensation plans.
In February 2012, our Board of Directors approved a $6.5 billion share repurchase authorization, which does
not have an expiration date. Under this authorization, we may repurchase shares in the open market or in
private transactions. We intend to repurchase $3.0 billion during 2012, subject to market conditions.
Common Stock Sales Price Table
The following table sets forth, for the indicated periods, the high and low sales prices of our Class A and
Class A Special common stock.
Class A Class A Special
High Low High Low
2011
First Quarter $ 25.91 $ 22.05 $ 24.49 $ 20.79
Second Quarter $ 27.16 $ 23.32 $ 25.40 $ 22.07
Third Quarter $ 26.14 $ 19.19 $ 25.00 $ 18.74
Fourth Quarter $ 25.32 $ 19.72 $ 24.84 $ 19.55
2010
First Quarter $ 18.94 $ 15.10 $ 18.08 $ 14.28
Second Quarter $ 20.56 $ 16.30 $ 19.52 $ 15.58
Third Quarter $ 19.80 $ 16.76 $ 18.76 $ 15.71
Fourth Quarter $ 22.40 $ 16.91 $ 21.17 $ 16.46
Comcast 2011 Annual Report on Form 10-K 40