Home Depot 2008 Annual Report Download - page 19

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Issuer Purchases of Equity Securities
Since fiscal 2002, the Company has repurchased shares of its common stock having a value of approximately
$27.3 billion pursuant to its share repurchase program. The number and average price of shares purchased in each fiscal
month of the fourth quarter of fiscal 2008 are set forth in the table below:
Period Total Number of
Shares Purchased
(1)
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Program
(2)
Approximate Dollar
Value of Shares
that May Yet Be
Purchased Under
the Program
Nov. 3, 2008 — Nov. 30, 2008 10,405 $25.28 — $12,731,893,819
Dec. 1, 2008 — Dec. 28, 2008 10,237 $23.14 — $12,731,893,819
Dec. 29, 2008 — Feb. 1, 2009 43,381 $23.72 — $12,731,893,819
(1) These amounts are 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
agreements and not pursuant to publicly announced share repurchase programs.
(2) The Company’s common stock repurchase program was initially announced on July 15, 2002. As of the end of
fiscal 2008, the Board approved purchases up to $40.0 billion. The program does not have a prescribed expiration
date.
Sales of Unregistered Securities
During the fourth quarter of fiscal 2008, the Company issued 513 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 retainers in the form of deferred stock units instead of cash during
the fourth quarter of fiscal 2008. 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 2008, the Company credited 53,608 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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