eBay 2008 Annual Report Download - page 54

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Issuer Purchases of Equity Securities
Stock repurchase activity during the three months ended December 31, 2008 was as follows:
Period
Total Number
of Shares
Purchased
Average Price
Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Programs
Maximum Dollar
Value that May Yet
be Purchased Under
the Programs(1)
October 1, 2008-October 31, 2008 . . . . . . — $— — $656,500,143
November 1, 2008-November 30, 2008 . . — $— — $656,500,143
December 1, 2008-December 31, 2008. . . 11,438(2) $— — $656,500,143
11,438 —
(1) In July 2006, our Board authorized a stock repurchase program for up to $2.0 billion of our common stock
within two years from the date of authorization. In January 2007, our Board authorized the expansion of this
stock repurchase program to provide for the repurchase of up to an additional $2.0 billion of our common stock
by January 2009. In January 2008, our Board approved an additional stock repurchase program for $2.0 billion
having no expiration date, giving us the ability to repurchase up to $2.85 billion of the common stock under our
combined stock repurchase programs. Under these programs, as of December 31, 2008, we had repurchased in
the aggregate approximately 179.7 million shares of our common stock at an average price of $29.74 per share.
As of December 31, 2008, $656.5 million remained available for further purchases under our stock repurchase
program.
(2) Represents shares of stock withheld from employees to satisfy tax obligations.
46