Staples 2006 Annual Report Download - page 87

17
The following table provides information about our purchases during the fourth quarter of fiscal 2006 of equity
securities that are registered by the Company pursuant to Section 12 of the Securities Exchange Act of 1934.
Issuer Purchases of Equity Securities
Fiscal Period
Total Number
of Shares
Purchased
Average Price
Paid per Share(1)
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs(2)
Approximate Dollar
Value of Shares that
May Yet Be Purchased
Under the Plans or
Programs(2)
October 29, 2006—November 25, 2006 ...... 1,772,799 $ 25.98 1,772,799 $ 788,868,000
November 26, 2006—December 30, 2006 .... 3,581,658 $ 26.37 3,581,658 $ 694,410,000
December 31, 2006—February 3, 2007....... 3,673,429 $ 26.29 3,673,429 $ 597,819,000
Total for Fourth Quarter of Fiscal 2006...... 9,027,886 $ 26.26 9,027,886 $ 597,819,000
(1) Average price paid per share includes commissions and is rounded to the nearest two decimal places.
(2) On October 7, 2005, we announced that our Board of Directors approved the repurchase of $1.5 billion of our
common stock through February 2, 2008 following the completion of our prior $1.0 billion repurchase program.
Item 6. Selected Financial Data
The information required by this Item is attached as Appendix A.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
The information required by this Item is attached as part of Appendix B under the caption “Quantitative and
Qualitative Disclosures about Market Risks”.
Item 7A. Quantitative and Qualitative Disclosures about Market Risk
The information required by this Item is attached as part of Appendix B.
Item 8. Financial Statements and Supplementary Data
The information required by this Item is attached as Appendix C.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Item 9A. Controls and Procedures
1. Disclosure Controls and Procedures
The Company’s management, with the participation of the Company’s chief executive officer and chief financial
officer, evaluated the effectiveness of the Company’s disclosure controls and procedures as of February 3, 2007. The
term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, means
controls and other procedures of a company that are designed to ensure that information required to be disclosed by a
company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported,
within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without
limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the
reports that it files or submits under the Exchange Act is accumulated and communicated to the company’s management,
including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding
required disclosure. Management recognizes that any controls and procedures, no matter how well designed and
operated, can provide only reasonable assurance of achieving their objectives and management necessarily applies its
judgment in evaluating the cost-benefit relationship of possible controls and procedures. Based on the evaluation of the
Company’s disclosure controls and procedures as of February 3, 2007, the Company’s chief executive officer and chief
financial officer concluded that, as of such date, the Company’s disclosure controls and procedures were effective at the
reasonable assurance level.