Lockheed Martin 2011 Annual Report Download - page 28

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Issuer Purchases of Equity Securities
The following table provides information about our repurchases of common stock during the three-month period ended
December 31, 2011.
Period
Total Number of
Shares Purchased
Average Price
Paid Per
Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Program (1)
Amount Available for
Future Share
Repurchases Under
the Program (2)
(in millions)
October (September 26, 2011 –
October 30, 2011) 860,900 $74.16 860,900 $3,398
November (October 31, 2011 –
November 27, 2011) 1,003,715 $75.05 1,003,715 $3,323
December (November 28, 2011 –
December 31, 2011) — N/A — $3,323
Total 1,864,615 $74.64 1,864,615 $3,323
(1) We repurchased a total of 1.9 million shares of our common stock for $139 million during the quarter ended December 31, 2011 under
a share repurchase program that we announced in October 2010.
(2) Our Board of Directors has approved a share repurchase program for the repurchase of our common stock from time-to-time,
authorizing an amount available for share repurchases of $6.5 billion. Under the program, management has discretion to determine the
dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation. The
program does not have an expiration date. As of December 31, 2011, we had repurchased a total of 43.0 million shares under the
program for $3.2 billion.
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