Chesapeake Energy 2014 Annual Report Download - page 44

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36
Repurchases of Equity Securities
The following table presents information about repurchases of our common stock during the quarter ended
December 31, 2014:
Period
Total
Number
of Shares
Purchased(a)
Average
Price
Paid
Per
Share(a)
Total Number
of Shares
Purchased as
Part of
Publicly
Announced
Plans or
Programs
Maximum
Approximate
Dollar Value
of Shares
That May Yet
Be Purchased
Under
the Plans
or Programs
($ in millions)
October 1, 2014 through October 31, 2014 9,294 $ 22.13 — $ —
November 1, 2014 through November 30, 2014 9,453 $ 22.00 — —
December 1, 2014 through December 31, 2014 39,626 $ 18.53 — 1,000 (b)
Total 58,373 $ 19.67 — $ 1,000
___________________________________________
(a) Reflects the surrender to the Company of shares of common stock to pay withholding taxes in connection with
the vesting of employee restricted stock. Also includes shares of common stock purchased on behalf of
Chesapeake’s deferred compensation plan related to participant deferrals and Company matching contributions.
(b) On December 22, 2014, the Company issued a press release announcing that its Board of Directors has authorized
the repurchase of up to $1 billion in value of its common stock from time to time. The repurchase program does
not have an expiration date, and no repurchases had been made under the program as of December 31, 2014.