Health Net 2004 Annual Report Download - page 39

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The following table presents by month additional information related to repurchases of our common stock during the twelve
months ended December 31, 2004:
36
Period
Total Number
of Shares
Purchased (a)
Average
Price Paid
per Share
Total Average
Price Paid
Total Number
of Shares
Purchased as
Part of Publicly
Announced)
Plans) or
Programs (b) (c)
Maximum
Number (or
Approximate
Dollar Value) of
Shares (or Units)
that May Yet Be
Purchased Under
the) Plans or
Programs) (d)
January 1 - January 31
861,500
$32.20
$27,740,300
861,500
$94,900,000
February 1 - February 29
18,600
$32.85
$ 611,010
18,600
$ 96,300,000
March 1 - March 31
—
—
—
—
$96,800,000
April 1 - April 30
—
—
$ 97,900,000
May 1 - May 31
—
—
$98,500,000
June 1 - June 30
127,800
$24.63
$ 3,147,714
127,800
$ 97,000,000
July 1 - July 31
455,900
$24.37
$11,110,283
455,900
$86,500,000
August 1 - August 31
1,715,600
$23.96
$41,105,776
1,715,600
$ 47,600,000
September 1 - September 30
—
—
$51,000,000
October 1 - October 31
—
—
—
—
$ 51,400,000
November 1 - November 30
—
—
$54,800,000
December 1 - December 31
—
—
$ 56,700,000
Total
3,179,400
$26.33
$83,715,524
3,179,400
$56,700,000
(a) We did not repurchase any shares of our common stock in 2004 outside our publicly announced repurchase program.
(b) Our repurchase program was announced in April 2002 and the additional authority was announced in August 2003.
(c) A total of $450 million (net of exercise proceeds and tax benefits from the exercise of employee stock options) of our common
stock may be repurchased under our stock repurchase program. The remaining authority under repurchase program excludes
future option exercises and tax benefits.
(d) Our stock repurchase program has no expiration date. We did not have any repurchase program that expired during the twelve
months ended December 31, 2004. As of December 31, 2004, we did not terminate prior to expiration any repurchase program.