Home Depot 2010 Annual Report Download - page 21

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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
$30.1 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 2010 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)
Dollar Value of Shares
that May Yet Be
Purchased Under
the Program
Nov. 1, 2010 – Nov. 28, 2010 2,600,556 $31.07 2,556,600 $10,430,554,499
Nov. 29, 2010 – Dec. 26, 2010 5,811,860 $33.74 5,803,346 $10,234,773,814
Dec. 27, 2010 – Jan. 30, 2011 9,207,339 $35.29 9,203,497 $ 9,909,997,344
(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.
(2) The Company’s common stock repurchase program was initially announced on July 15, 2002. As of the end
of fiscal 2010, the Board had 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 2010, the Company issued 448 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 those nonemployee directors who elected to receive board retainers in the form of deferred stock
units instead of cash during the fourth quarter of fiscal 2010. 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 2010, the Company credited 1,037 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 page F-1 of this report.
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