MasterCard 2012 Annual Report Download - page 53

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On February 5, 2013, the Company’s Board of Directors approved a new share repurchase program
authorizing the Company to repurchase up to $2 billion of its Class A common stock. The new share repurchase
program will become effective at the completion of the Company’s June 2012 Share Repurchase Program.
During the fourth quarter of 2012, MasterCard repurchased a total of approximately 1.3 million shares for
$613 million at an average price of $477.39 per share of Class A common stock. The Company’s repurchase
activity during the fourth quarter of 2012 consisted of open market share repurchases and is summarized in the
following table:
Period
Total Number
of Shares
Purchased
Average Price
Paid per Share
(including
commission cost)
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs
Dollar Value of
Shares that may yet
be Purchased under
the Plans or
Programs1
October 1 – 31 .......... 354,333 $462.34 354,333 $1,053,264,319
November 1 – 30 ........ 66,497 $466.31 66,497 $1,022,256,193
December 1 – 31 ........ 862,706 $484.43 862,706 $ 604,334,421
Total ................. 1,283,536 $477.39 1,283,536
1Dollar value of shares that may yet be purchased under the June 2012 Share Repurchase Program is as of the
end of the period.
As of January 25, 2013, the cumulative repurchases by the Company under the June 2012 Share Repurchase
Program totaled approximately 2.3 million shares of its Class A common stock for an aggregate cost of
approximately $1.1 billion at an average price of $467.44 per share of Class A common stock.
49