Discover 2010 Annual Report Download - page 54
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Issuer Purchases of Equity Securities
The table below sets forth the information with respect to purchases of our common stock made by us or on our behalf
during the fourth quarter of our year ended November 30, 2010:
Period
Total
Number of
Shares
Purchased(2)
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs(1)
Maximum Dollar
Value of Shares that
May Yet Be
Purchased Under the
Plans or Programs
September 1 – 30, 2010
Repurchase program(1) .................................................................................... — $ — — $1 billion
Employee transactions(2) .................................................................................. 2,687 $15.22 N/A N/A
October 1 – 31, 2010
Repurchase program(1) .................................................................................... — $ — — $1 billion
Employee transactions(2) .................................................................................. 2,970 $16.58 N/A N/A
November 1 – 30, 2010
Repurchase program(1) .................................................................................... — $ — — $1 billion
Employee transactions(2) .................................................................................. 301 $18.14 N/A N/A
Total
Repurchase program(1) .................................................................................... — $ — — $1 billion
Employee transactions(2) .................................................................................. 5,958 $16.05 N/A N/A
(1) On December 3, 2007, we announced that our board of directors authorized the repurchase of up to $1 billion of our outstanding stock under a new share repurchase program. This share
repurchase program expired on November 30, 2010. At November 30, 2010, we had not repurchased any stock under this program.
(2) Reflects shares withheld (under the terms of grants under employee stock compensation plans) to offset tax withholding obligations that occur upon the delivery of outstanding shares underlying
restricted stock units or upon the exercise of stock options.
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