Albertsons 2005 Annual Report Download - page 14

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PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, REGISTRANT PURCHASES
OF EQUITY SECURITIES, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
The company’s common stock is listed on the New York Stock Exchange under the symbol SVU. As of
April 29, 2005, there were 136,085,323 shares of common stock outstanding. At that date, there were 6,485
stockholders of record, excluding individual participants in security position listings. The information called for
by Item 5 as to the sales price for the company’s common stock on a quarterly basis during the last two fiscal
years and dividend information is found under the heading “Common Stock Price” in Part II, Item 7 of this
report. The following table sets forth the registrant’s purchase of equity securities for the periods indicated:
Period (1)
Total Number
of Shares
Purchased (2)
Average
Price Paid
Per Share
Total Number of
Shares Purchased
as Part of
Publicly
Announced
Treasury Stock
Purchase
Program (3)
Maximum Number
of Shares that May
Yet be Purchased
Under the
Treasury Stock
Purchase
Program (3)
First four weeks
December 5, 2004 to January 1, 2005 10,292 $33.99 — 4,588,300
Second four weeks
January 2, 2005 to January 29, 2005 121,936 $32.39 — 4,588,300
Third four weeks
January 30, 2005 to February 26, 2005 134,320 $32.67 — 4,588,300
Totals 266,548 $32.60 — 4,588,300
(1) The reported periods conform to the company’s fiscal calendar composed of thirteen 28-day periods. The
fourth quarter of fiscal 2005 contains three 28-day periods.
(2) These amounts include the deemed surrender by participants in the company’s compensatory stock plans of
266,548 shares of previously issued common stock in payment of the purchase price for shares acquired
pursuant to the exercise of stock options and satisfaction of tax obligations arising from such exercises as
well as from the vesting of restricted stock granted under such plans.
(3) On May 26, 2004, the company announced a treasury stock purchase program authorized by the Board of
Directors to repurchase up to 5,000,000 shares of the company’s common stock to offset the issuance of
shares over time under the company’s employee benefit plans. As of February 26, 2005, 4,588,300 shares
remained available for purchase under that program.
ITEM 6. SELECTED FINANCIAL DATA
The information called for by Item 6 is found within the Five Year Financial and Operating Summary on
page F-2.
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
OVERVIEW
SUPERVALU is one of the largest grocery companies in the United States. We operate within two selling
businesses in the grocery food industry, grocery retail and food distribution. At February 26, 2005, we conducted
our retail operations through a total of 1,549 stores of which 879 are licensed locations. Principal formats include
extreme value stores, regional price superstores and regional supermarkets. Our food distribution operations
8