Dell 2011 Annual Report Download - page 25

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Table of Contents
Purchases of Common Stock
We have a share repurchase program that authorizes us to purchase shares of common stock in order to increase shareholder value and manage dilution
resulting from shares issued under our equity compensation plans. However, we do not currently have a policy that requires the repurchase of common stock
in conjunction with share-based payment arrangements. The following table sets forth information regarding our repurchases or acquisitions of common stock
during the fourth quarter of Fiscal 2012 and the remaining authorized amount of future purchases under our share repurchase program:
Total Number of
Shares Purchased Weighted Average Price
Paid per Share Total Number of Shares
Purchased as Part of Publicly
Announced Plans or
Programs (a)
Approximate Dollar Value of Shares that
May Yet Be Purchased Under the Plans
or Programs
Period
(in millions, except average price paid per share)
Repurchases from
October 29, 2011
through November
25, 2011
11 $ 14.78 11 $ 6,394
Repurchases from
November 26, 2011
through December
30, 2011
15 $ 15.29 15 $ 6,164
Repurchases from
December 31, 2011
through February 3,
2012
10 $ 16.50 10 $ 6,002
Total 36 $ 15.45 36
_____________________
(a) Between 1996 and 2007, our Board of Directors authorized share repurchase programs to repurchase up to $40 billion of our common stock over an unspecified amount of time. On
September 13, 2011, we announced that our Board of Directors had authorized an additional $5 billion for share repurchases under the program, bringing the aggregate amount of common
stock we can repurchase to $45 billion over an unspecified amount of time. As of February 3, 2012, $6.0 billion remained available for future share repurchases.
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