Travelers 2009 Annual Report Download - page 82

ISSUER PURCHASES OF EQUITY SECURITIES
The table below sets forth information regarding repurchases by the Company of its common stock
during the periods indicated.
Approximate
Total number of dollar value of
shares purchased shares that may
Total number as part of yet be purchased
of shares Average price paid publicly announced under the
Period Beginning Period Ending purchased per share plans or programs plans or programs
Oct. 1, 2009 . . . . . . Oct. 31, 2009 5,844,017 $50.52 5,740,562 $7,769,814,019
Nov. 1, 2009 . . . . . . Nov. 30, 2009 14,683,497 52.50 14,370,924 7,015,501,726
Dec. 1, 2009 . . . . . . Dec. 31, 2009 9,987,322 50.66 9,984,496 6,509,702,707
Total .......... 30,514,836 $51.52 30,095,982 $6,509,702,707
The Company repurchased 418,854 shares during this three-month period that were not part of the
publicly announced share repurchase authorization, representing shares repurchased to cover payroll
withholding taxes in connection with the vesting of restricted stock awards and exercises of stock
options, and shares used to cover the exercise price of certain stock options that were exercised. Since
May 2006, the Company’s board of directors has approved four common share repurchase
authorizations, for a cumulative authorization of up to $16 billion of shares of the Company’s common
stock. The authorization has no expiration date. Through December 31, 2009, the Company had
repurchased a cumulative total of 193.2 million shares for a total cost of $9.49 billion and had
$6.51 billion of remaining capacity under the authorization.
Information relating to compensation plans under which the Company’s equity securities are
authorized for issuance is set forth in Part III—Item 12 of this Report.
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