Home Depot 2005 Annual Report Download - page 31

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Issuer Purchases of Equity Securities
Since fiscal 2002, the Company repurchased shares of its common stock having a value of
approximately $9.7 billion. The number and average price of shares purchased in each fiscal month of
the fourth quarter of fiscal 2005 are set forth in the table below:
Approximate Dollar
Total Number of Value of Shares
Average Shares Purchased as that May Yet Be
Total Number of Price Paid Part of Publicly Purchased Under
Period Shares Purchased(1) per Share Announced Program(2) the Program
Oct. 31, 2005 – Nov. 27, 2005 1,805,471 $41.39 1,781,800 $1,437,778,030
Nov. 28, 2005 – Dec. 25, 2005 2,309,456 $41.87 2,299,700 $1,341,447,474
Dec. 26, 2005 – Jan. 29, 2006 1,367,790 $39.94 1,343,600 $1,287,793,027
(1) These amounts include repurchases pursuant to the Company’s 1997 and 2005 Omnibus Stock
Incentive Plans (the ‘‘Plans’’). Under the Plans, participants may exercise stock options by surrendering
shares of common stock that the participants already own as payment of the exercise price. Participants
in the Plans may also surrender shares as payment of applicable tax withholding on the vesting of
restricted stock and deferred share awards. Shares so surrendered by participants in the Plans are
repurchased pursuant to the terms of the Plans and applicable award agreement and not pursuant to
publicly announced share repurchase programs. For the quarter ended January 29, 2006, the following
shares of The Home Depot common stock were surrendered by participants in the Plans and included
in the total number of shares purchased: Oct. 31, 2005 – Nov. 27, 2005 – 23,671 shares at an average
price per share of $41.86; Nov. 28, 2005 – Dec. 25, 2005 – 9,756 shares at an average price per share
of $41.44; Dec. 26, 2005 – Jan. 29, 2006 – 24,190 shares at an average price per share of $41.40.
(2) The Company’s common stock repurchase program was initially announced on July 15, 2002. As of the
beginning of the fourth quarter of fiscal 2005, the Board had approved purchases up to $11.0 billion.
On February 23, 2006, the Board authorized an additional $1.0 billion in common stock repurchases
for a total authorization of $12.0 billion. The program does not have a prescribed expiration date.
Sales of Unregistered Securities
During the fourth quarter of fiscal 2005, the Company issued 1,960 deferred stock units under The
Home Depot, Inc. NonEmployee Directors’ Deferred Stock Compensation Plan pursuant to the
exemption from registration provided by Section 4(2) of the Securities Act of 1933, as amended. The
deferred stock units convert to shares of common stock on a one-for-one basis following a termination
of service as described in this plan.
Equity Compensation Plan Information
The information required by this item is incorporated in Item 12 hereof by reference to the section
entitled ‘‘Executive Compensation’’ in the Company’s Proxy Statement for the 2006 Annual Meeting of
Shareholders.
Item 6. Selected Financial Data.
The information required by this item is incorporated by reference to pages F-1 and F-2 of this report.
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