Albertsons 2010 Annual Report Download - page 22

Download and view the complete annual report

Please find page 22 of the 2010 Albertsons annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

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 16, 2010, there were 26,934 stockholders of record.
Common Stock Price
2010 2009 2010 2009
Common Stock Price Range Dividends Declared Per Share
Fiscal High Low High Low
First Quarter $ 17.93 $ 13.45 $ 35.91 $ 26.09 $ 0.1725 $ 0.1700
Second Quarter 16.16 12.13 33.65 22.95 0.1750 0.1725
Third Quarter 17.59 13.72 25.70 8.59 0.1750 0.1725
Fourth Quarter 15.88 12.40 20.38 10.52 0.0875 0.1725
Year 17.93 12.13 35.91 8.59 $ 0.6100 $ 0.6875
Dividend payment dates are on or about the 15th day of March, June, September and December, subject to the
Board of Directors approval.
Company Purchases of Equity Securities
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
December 6, 2009 to January 2, 2010 — $ — $ 70
Second four weeks
January 3, 2010 to January 30, 2010 10,478 $ 14.48 $ 70
Third four weeks
January 31, 2010 to February 27, 2010 3,093 $ 14.93 $ 70
Totals 13,571 $ 14.59 — $ 70
(1) The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods. The
fourth quarter of fiscal 2010 contains three 28-day periods.
(2) These amounts include the deemed surrender by participants in the Company’s compensatory stock plans
of 12,618 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, 2009, 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.
Stock purchases will be made from the cash generated from the settlement of stock options. This annual
authorization program replaced all existing share repurchase programs and continues through June 2010.
16