eBay 2015 Annual Report Download - page 44

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During 2015, we repurchased approximately $2.1 billion of our common stock under our stock repurchase
programs. As of December 31, 2015, a total of approximately $1.8 billion remained available for future
repurchases of our common stock under our January 2015 and June 2015 repurchase programs and no amount
remained available under our January 2014 repurchase program.
We expect, subject to market conditions and other uncertainties, to continue making opportunistic
repurchases of our common stock. However, our stock repurchase programs may be limited or terminated at any
time without prior notice. The timing and actual number of shares repurchased will depend on a variety of factors
including corporate and regulatory requirements, price and other market conditions and management’s
determination as to the appropriate use of our cash.
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