Albertsons 2007 Annual Report Download - page 24

PART II
I
TEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
T
he Company’s common stock is listed on the New York Stock Exchange under the symbol SVU. As o
f
Apr
il
20, 2007 t
h
ere were 210,100,317 s
h
ares o
f
common stoc
k
outstan
di
ng. At t
h
at
d
ate, t
h
ere were 31,49
0
stockholders of record, excludin
g
individual participants in securit
y
position listin
g
s. 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 an
ddi
v
id
en
di
n
f
ormat
i
on
i
s
f
oun
d
un
d
er t
h
e
h
ea
di
ng “Common Stoc
k
Pr
i
ce”
i
n Part II, Item 7 o
f
t
hi
s
Annual Report on Form 10-K. The followin
g
table sets forth the Compan
y
’s purchase of equit
y
securities for the
p
eriods indicated:
(
shares not in millions
)
P
eriod
(
1
)
Total Numbe
r
o
f
S
hares
P
urchased
(
2
)
A
vera
ge
Pr
ice
P
aid
P
er
S
har
e
Total Number of
S
hares Purchased
as Part of
P
ubl
i
cl
y
A
nnounce
d
T
reasur
yS
toc
k
Pu
r
c
h
ase
P
rogram
(
3
)
Maximum
N
umbe
r
o
f Shares that May
Y
et be Purchase
d
U
nder the
Treasur
yS
toc
k
Pu
r
c
h
ase
Program
(
3
)(
4
)
F
i
rst
f
our
w
ee
ks
D
ecember 3
,
2006 to December 30
,
2006 8
,
479
$
35.44 — 6
,
168
,
018
Second four week
s
D
ecember 31, 2006 to Januar
y
27, 2007 133,716 $35.52 — 6,168,01
8
Thi
r
df
our
w
ee
ks
January 28, 2007 to February 24, 2007 129,632
$
37.63 — 6,168,01
8
T
otals 271,827
$
36.52 — 6,168,01
8
(1) The reported periods conform to the Compan
y
’s fiscal calendar composed of thirteen 28-da
y
periods. The
f
ourt
h
quarter o
ffi
sca
l
2007 conta
i
ns t
h
ree 28-
d
ay per
i
o
d
s.
(2) T
h
ese amounts
i
nc
l
u
d
et
h
e
d
eeme
d
surren
d
er
b
y part
i
c
i
pants
i
nt
h
e Company’s compensatory stoc
k
p
l
ans o
f
271,827 s
h
ares o
f
prev
i
ous
l
y
i
ssue
d
common stoc
k
.T
h
ese are
i
n payment o
f
t
h
e purc
h
ase pr
i
ce
f
or s
h
are
s
acquired pursuant to the exercise of stock options and satisfaction of tax obli
g
ations arisin
g
from suc
h
e
xerc
i
ses, as we
ll
as
f
rom t
h
e vest
i
ng o
f
restr
i
cte
d
stoc
k
grante
d
un
d
er suc
h
p
l
ans
.
(3) On July 26, 2006, the Company announced a treasury stock purchase program authorized by the Board of
D
irectors in June 200
6
to repurchase up to 10,000,000 additional shares of the Company’s common stoc
k
u
pon the exercise of emplo
y
ee stock options b
y
the former emplo
y
ees of Albertsons. As of Februar
y
24
,
2007, 2,474,718 s
h
ares rema
i
n ava
il
a
bl
e
f
or repurc
h
ase un
d
er t
h
e 10,000,000 s
h
are repurc
h
ase program an
d
3
,693,300 shares remain available for repurchase under the 5,000,000 share repurchase program
.
(4) On Apr
il
18, 2007, t
h
e Company’s Boar
d
o
f
D
i
rectors a
d
opte
d
a new s
h
are repurc
h
ase program aut
h
or
i
z
i
ng
the Company to purchase up to
$
235 of the Company’s common stock. Share repurchases will be made wit
h
the cash
g
enerated from the exercise of stock options and mandator
y
convertible securities equit
y
issuance.
Thi
s program rep
l
aces a
ll
prev
i
ous
l
yex
i
st
i
ng programs.
18