Starwood 2005 Annual Report Download - page 27

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EPS'') were redeemed for approximately $2 million in cash. As of December 31, 2005 approximately
562,000 shares of Class A EPS, 25,000 shares of Class B EPS and 68,000 limited partnership units of the
Realty Partnership and Operating Partnership remained outstanding. On February 21, 2006, we began the
process to redeem the Class B EPS for $38.50 per share. The redemption is expected to be completed at the
end of the Ñrst quarter.
Issuer Purchases of Equity Securities
Pursuant to the Share Repurchase Program, Starwood repurchased 4.0 million Shares in the open market
for an aggregate cost of $253 million during 2005. The Company repurchased the following Shares during the
three months ended December 31, 2005:
Maximum Number (or
Approximate Dollar
Total Average Total Number of Shares Value) of Shares that
Number of Price Purchased as Part May Yet Be Purchased
Shares Paid for of Publicly Announced Under the Plans or
Period Purchased Share Plans or Programs Programs (in millions)
October ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Ì $ Ì Ì $1,296
November ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 1,100,000 $59.33 1,100,000 $1,231
December ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 2,938,100 $63.80 2,938,100 $1,043
TotalÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 4,038,100 4,038,100
Information relating to securities authorized for issuance under equity compensation plans is provided
under Item 12 of this Joint Annual Report and is incorporated herein by reference.
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