Albertsons 2009 Annual Report Download - page 24

that the ultimate resolution of these legal proceedings will have a material adverse effect on the Company’s
financial condition, results of operations or cash flows.
The statements above reflect management’s current expectations based on the information presently available
to the Company, however, predicting the outcomes of claims and litigation and estimating related costs and
exposures involves substantial uncertainties that could cause actual outcomes, costs and exposures to vary
materially from current expectations. In addition, the Company regularly monitors its exposure to the loss
contingencies associated with these matters and may from time to time change its predictions with respect to
outcomes and its estimates with respect to related costs and exposures and believes recorded reserves are
adequate. It is possible, although management believes it is remote, that material differences in actual
outcomes, costs and exposures relative to current predictions and estimates, or material changes in such
predictions or estimates, could have a material adverse effect on the Company’s financial condition, results of
operations or cash flows.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
There was no matter submitted during the fourth quarter of fiscal 2009 to a vote of the security holders of the
Company.
PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, 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 24, 2009 there were 211,598,297 (not in millions) shares of common stock outstanding. As of that date,
there were 15,087 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 Annual Report on Form 10-K. The following table sets forth the Company’s purchases
of equity securities for the periods indicated:
(In millions, except shares and per share
amounts)
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)
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under the
Treasury Stock
Purchase
Program
(3)
First four weeks
November 30, 2008 to December 27, 2008 — $ — — $ 53
Second four weeks
December 28, 2008 to January 24, 2009 1,725 $ 18.72 — $ 53
Third five weeks
January 25, 2009 to February 28, 2009 21,381 $ 18.96 — $ 53
Totals 23,106 $ 18.94 — $ 53
(1) The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods,
except for the thirteenth period of fiscal 2009 which includes 35 days. The fourth quarter of fiscal 2009
contains two 28-day periods and one 35-day period.
(2) These amounts include the deemed surrender by participants in the Company’s compensatory stock plans
of 23,106 shares of previously issued common stock. These are 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 awards granted under such plans.
(3) On May 28, 2008, the Board of Directors of the Company adopted and announced a new annual share
repurchase program authorizing the Company to purchase up to $70 of the Company’s common stock.
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