Home Depot 2006 Annual Report Download - page 29

Issuer Purchases of Equity Securities
Since fiscal 2002, the Company has repurchased shares of its common stock having a value of
approximately $16.4 billion. The number and average price of shares purchased in each fiscal month of
the fourth quarter of fiscal 2006 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. 30, 2006 – Nov. 26, 2006 3,331,219 $36.93 3,294,598 $4,116,600,751
Nov. 27, 2006 – Dec. 24, 2006 75,065,717 $39.97 75,056,293 $1,116,575,324
Dec. 25, 2006 – Jan. 28, 2007 295,277 $40.39 — $1,116,575,324
(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 28, 2007, 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. 30, 2006 – Nov. 26, 2006 – 36,621 shares at an average
price per share of $37.82; Nov. 27, 2006 – Dec. 24, 2006 – 9,424 shares at an average price per share
of $39.35; Dec. 25, 2006 – Jan. 28, 2007 – 295,277 shares at an average price per share of $40.39.
(2) The Company’s common stock repurchase program was initially announced on July 15, 2002. As of the
end of the fourth quarter of fiscal 2006, the Board had approved purchases up to $17.5 billion. The
program does not have a prescribed expiration date.
Sales of Unregistered Securities
During the fourth quarter of fiscal 2006, the Company issued 5,805 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 were credited to the accounts of such nonemployee directors who elected to
receive board and committee fees in the form of deferred stock units instead of receiving such fees in
cash as payment for board and committee meetings held during the fourth quarter of fiscal 2006. 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.
During the fourth quarter of fiscal 2006, the Company credited 884 deferred stock units to participant
accounts under The Home Depot FutureBuilder Restoration Plan pursuant to an exemption from the
registration requirements of the Securities Act of 1933, as amended, for involuntary, non-contributory
plans. The deferred stock units convert to shares of common stock on a one-for-one basis following the
termination of services as described in this plan.
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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