Kroger 2015 Annual Report Download - page 78

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A-4
ISSUER PURCHASES OF EQUITY SECURITIES
Period (1)
Total
Number
of Shares
Purchased (2)
Average
Price
Paid
Per
Share
Total
Number of
Shares
Purchased
as
Part of
Publicly
Announced
Plans or
Programs (3)
Maximum
Dollar
Value of
Shares
that May Yet
Be
Purchased
Under
the Plans or
Programs (4)
(in millions)
First period - four weeks
November 8, 2015 to December 5, 2015 94,717 $37.89 74,819 $500
Second period - four weeks
December 6, 2015 to January 2, 2016 906,648 $41.47 831,783 $500
Third period – four weeks
January 3, 2016 to January 30, 2016 213,721 $39.73 169,598 $500
Total 1,215,086 $40.88 1,076,200 $500
(1) The reported periods conform to our fiscal calendar composed of thirteen 28-day periods. The
fourth quarter of 2015 contained three 28-day periods.
(2) Includes (i) shares repurchased under a program announced on December 6, 1999 to repurchase
common shares to reduce dilution resulting from our employee stock option and long-term incentive
plans, under which repurchases are limited to proceeds received from exercises of stock options
and the tax benefits associated therewith (the “1999 Repurchase Program”), and (ii) 138,886 shares
that were surrendered to the Company by participants under our long-term incentive plans to pay for
taxes on restricted stock awards.
(3) Represents shares repurchased under the 1999 Repurchase Program.
(4) The amounts shown in this column reflect the amount remaining under the $500 million share
repurchase program authorized by the Board of Directors and announced on June 25, 2015
(the “2015 Repurchase Program”). Amounts available under the 1999 Repurchase Program are
dependent upon option exercise activity. The 2015 Repurchase Program and the 1999 Repurchase
Program do not have an expiration date but may be terminated by the Board of Directors at any
time. On March 10, 2016, our Board of Directors approved a new $500 million share repurchase
program to supplement the 2015 Repurchase Program, which is expected to be exhausted by the
end of the second quarter of 2016.
BUSINESS
The Kroger Co. (the “Company” or “Kroger”) was founded in 1883 and incorporated in 1902. As
of January 30, 2016, we are one of the largest retailers in the world based on annual sales. We also
manufacture and process some of the food for sale in our supermarkets. Our principal executive offices
are located at 1014 Vine Street, Cincinnati, Ohio 45202, and our telephone number is (513) 762-
4000. We maintain a web site (www.thekrogerco.com) that includes additional information about the
Company. We make available through our web site, free of charge, our annual reports on Form 10-K, our
quarterly reports on Form 10-Q, our current reports on Form 8-K and our interactive data files, including
amendments. These forms are available as soon as reasonably practicable after we have filed them with,
or furnished them electronically to, the SEC.