HP 2007 Annual Report Download - page 46

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PART II
ITEM 5. Market for the Registrant’s Common Equity and Related Stockholder Matters.
Information regarding the market prices of HP common stock and the markets for that stock may be found in the
“Quarterly Summary” in Item 8 and on the cover page of this Annual Report on Form 10-K, respectively, which are
incorporated herein by reference. We have paid cash dividends each fiscal year since 1965. The current rate is $0.08 per share
per quarter. As of November 30, 2007, there were approximately 142,000 stockholders of record. Additional information
concerning dividends may be found in “Selected Financial Data” in Item 6 and in Item 8, which are incorporated herein by
reference.
Recent Sales of Unregistered Securities
There were no unregistered sales of equity securities during fiscal 2007.
Issuer Purchases of Equity Securities
Period
Total Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced
Plans or Programs
Approximate
Dollar Value of Shares
that May Yet Be
Purchased under the
Plans or Programs
Month #1
(August 2007) ......................... 24,543,000 $47.40 24,543,000 $3,591,773,284
Month #2
(September 2007).................... 12,945,679 $49.49 12,945,679 $2,951,106,386
Month #3
(October 2007)........................ 4,600,000 $51.39 4,600,000 $2,714,725,466
Total........................................ 42,088,679 $48.48 42,088,679
HP repurchased shares in the fourth quarter of fiscal 2007 under an ongoing program to manage the dilution created by
shares issued under employee stock plans as well as to repurchase shares opportunistically. This program, which does not
have a specific expiration date, authorizes repurchases in the open market or in private transactions. All shares repurchased in
the fourth quarter of fiscal 2007 were purchased in open market transactions.
As of October 31, 2007, HP had remaining authorization of approximately $2.7 billion for future share repurchases under
the $8.0 billion repurchase authorization approved by HP’ s Board of Directors on March 15, 2007.
On November 19, 2007, HP’ s Board of Directors authorized an additional $8.0 billion for future repurchases of HP’ s
outstanding shares of common stock.
32