Danaher 2009 Annual Report Download - page 29

Table of Contents
Issuer Purchases of Equity Securities
There were no repurchases of equity securities during the fourth quarter of 2009. On April 21, 2005, the Company’s Board of Directors authorized the
repurchase of up to 10 million shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions. There is
no expiration date for the Company’s repurchase program. The timing and amount of any shares repurchased will be determined by the Company’s
management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time. Any
repurchased shares will be available for use in connection with the Company’s equity compensation plans (or any successor plan) and for other corporate
purposes. As of December 31, 2009, 1,977,566 shares remain available for repurchase pursuant to this program.
Recent Issuances of Unregistered Securities
During the fourth quarter of 2009, holders of certain of the Company’s Liquid Yield Option Notes (LYONs) converted such LYONs into an aggregate of 87
shares of Danaher common stock, par value $0.01 per share. The shares of common stock were issued solely to an existing security holder upon conversion
of the LYONs pursuant to the exemption from registration provided under Section 3(a)(9) of the Securities Exchange Act 1933, as amended.
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Source: DANAHER CORP /DE/, 10-K, February 24, 2010 Powered by Morningstar® Document Research℠
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