Comcast 2012 Annual Report Download - page 44

Table of Contents
The table below summarizes our repurchases under our Board-
authorized share repurchase program during 2012. Under our share
repurchase program, our Board gives management discretion to purchase either Class A or Class A Special common stock. During
2012, the Class A Special common stock traded at a discount 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.
The total number of shares purchased during 2012 includes 880,634 shares received in the administration of employee share-
based
compensation plans.
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.
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
First Quarter 2012
26,136,606
$
28.92
25,903,672
$
750,000,000
$
5,750,000,000
Second Quarter 2012
26,291,936
$
29.15
25,754,733
$
750,000,000
$
5,000,000,000
Third Quarter 2012
22,910,903
$
32.74
22,910,903
$
750,000,000
$
4,250,000,000
October 1-31, 2012
4,494
$
36.35
—
$
—
$
4,250,000,000
November 1
-
30, 2012
10,600,503
$
35.38
10,600,503
$
375,000,000
$
3,875,000,000
December 1
-
31, 2012
10,651,441
$
35.58
10,545,438
$
375,000,000
$
3,500,000,000
Total
96,595,883
$
31.33
95,715,249
$
3,000,000,000
$
3,500,000,000
(a)
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 expect to repurchase $2 billion of shares during 2013, subject to market conditions.
Class A Class A Special
High
Low
High
Low
2012
First Quarter
$
30.41
$
24.28
$
30.00
$
23.97
Second Quarter
$
31.99
$
28.09
$
31.48
$
27.80
Third Quarter
$
36.90
$
31.04
$
35.83
$
30.60
Fourth Quarter
$
38.22
$
34.94
$
36.91
$
34.00
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
41
Comcast 2012 Annual Report on Form 10-
K
(a)