Adobe 2006 Annual Report Download - page 41

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41
(c) Below is a summary of stock repurchases for the quarter ended December 1, 2006 (in thousands, except
average price per share). See Note 12 of our Notes to Consolidated Financial Statements for information
regarding our stock repurchase programs.
Plan/Period
Shares
Repurchased(1)
Average
Price Per
Share
Maximum
Number of Shares
that May Yet be
Purchased
Stock Repurchase Program I
Beginning shares available to be
repurchased as of September 1, 2006
147,609,017
September 2 – 29, 2006
From employees(2) 1,388 $ 36.92
Structured repurchases 471,879 33.33
September 30 – October 27, 2006
From employees(2) 1,443 38.59
Structured repurchases 593,946 36.89
October 28 – December 1, 2006
From employees(2) 1,346 41.47
Structured repurchases 1,160,105 38.06
Total shares repurchased 2,230,107 (2,230,107)
Adjustments to repurchase authority
for net dilution
10,471,889(3)
Ending shares available to be
repurchased as of December 1, 2006
155,850,799(4)
(1) All shares were purchased as part of publicly announced plans.
(2) The repurchases from employees represent shares canceled when surrendered in lieu of cash payments for withholding taxes
due.
(3) Adjustment of authority to reflect changes in the dilution from outstanding shares and options.
(4) The remaining authorization for the ongoing stock repurchase program is determined by combining all stock issuances, net of
any canceled, surrendered or exchanged shares less all stock repurchases under the ongoing plan, beginning in the first quarter of
fiscal 1998.