Microsoft 2011 Annual Report Download - page 71

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71
program authorizing up to $40.0 billion in share repurchases with an expiration date of September 30, 2013. As of
June 30, 2011, approximately $12.2 billion remained of the $40.0 billion approved repurchase amount. The
repurchase program may be suspended or discontinued at any time without prior notice.
We repurchased the following shares of common stock under the above-described repurchase plans using cash
resources:
(In millions) Shares
A
mount Shares
A
mount Shares
A
mount
Y
ear Ended June 30, 2011 (a) 2010
(
a
)
2009 (b)
First quarter 163 $ 4,000 58 $ 1,445 223 $ 5,966
Second quarter 188 5,000 125 3,583 95 2,234
Third quarter 30 827 67 2,000 0 0
Fourth quarter 66 1,631 130 3,808 0 0
Total 447 $ 11,458 380 $ 10,836 318 $ 8,200
(a) All shares repurchased in fiscal years 2011 and 2010 were repurchased under the plan approved by our
Board of Directors on September 22, 2008.
(b) Of the 318 million shares of common stock repurchased in fiscal year 2009, 101 million shares were
repurchased for $2.7 billion under the plan approved by our Board of Directors during the first quarter of
fiscal year 2007. The remaining shares were repurchased under the plan approved by our Board of
Directors on September 22, 2008.
Dividends
In fiscal year 2011, our Board of Directors declared the following dividends:
Declaration Date Dividend
Per Share Record Date Total Amount Payment Date
(In millions)
September 21, 2010 $ 0.16 November 18, 2010 $ 1,363 December 9, 2010
December 15, 2010 $ 0.16 February 17, 2011 $ 1,349 March 10, 2011
March 14, 2011 $ 0.16 May 19, 2011 $ 1,350 June 9, 2011
June 15, 2011 $ 0.16 August 18, 2011 $ 1,340 September 8, 2011
The dividend declared on June 15, 2011 will be paid after the filing of our 2011 Form 10-K and was included in
other current liabilities as of June 30, 2011.
In fiscal year 2010, our Board of Directors declared the following dividends:
Declaration Date Dividend
Per Share Record Date Total Amount Payment Date
(In millions)
September 18, 2009 $ 0.13 November 19, 2009 $ 1,152 December 10, 2009
December 9, 2009 $ 0.13 February 18, 2010 $ 1,139 March 11, 2010
March 8, 2010 $ 0.13 May 20, 2010 $ 1,130 June 10, 2010
June 16, 2010 $ 0.13 August 19, 2010 $ 1,118 September 9, 2010
The dividend declared on June 16, 2010 was included in other current liabilities as of June 30, 2010.