Ingram Micro 2008 Annual Report Download - page 33

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Share Repurchase Program. The following table provides information about our monthly share repurchase
activity from inception of the program through January 3, 2009:
Fiscal Month Period
Total
Number
of Shares
Purchased
Average
Price Paid
Per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced
Program(1)
Approximate Dollar
Value of Shares
that May Yet Be
Purchased Under
the Program
Issuer Purchases of Equity Securities
November 3 – November 23, 2007 ......... 482,300 $19.67 482,300 $290,511,389
November 24 – December 29, 2007 ........ 819,191 19.01 1,301,491 274,939,364
December 30 – January 26, 2008 .......... 735,300 17.24 2,036,791 262,260,268
January 27 – February 23, 2008 ........... 1,566,000 16.77 3,602,791 236,000,236
February 24 – March 29, 2008 ............ 2,996,200 15.91 6,598,991 188,345,086
March 30 – April 26, 2008 ............... 908,700 16.22 7,507,691 173,601,428
April 27 – May 24, 2008 ................ 1,466,900 17.38 8,974,591 148,100,170
May 25 – June 28, 2008................. 414,200 18.07 9,388,791 140,615,982
June 29 – July 26, 2008 ................. 751,700 17.33 10,140,491 127,586,785
July 27 – August 23, 2008 ............... 338,700 18.79 10,479,191 121,222,789
August 24 – September 27, 2008 .......... 878,600 17.54 11,357,791 105,815,808
September 28 – October 25, 2008.......... 3,550,000 13.60 14,907,791 57,519,748
October 26 – November 22, 2008 .......... 400,000 12.32 15,307,791 52,592,768
November 23 – January 3, 2009 ........... — — — —
In November 2007, our Board of Directors authorized a share repurchase program, through which the company
may purchase up to $300 million of its outstanding shares of common stock, over a three-year period. Under the
program, the company may repurchase shares in the open market and through privately negotiated transactions. The
repurchases will be funded with available borrowing capacity and cash. The timing and amount of specific
repurchase transactions will depend upon market conditions, corporate considerations and applicable legal and
regulatory requirements. Through January 3, 2009, we purchased 15,307,791 shares of our common stock for an
aggregate cost of $247.4 million.
(1) The Company has, and may continue from time to time, to effect open market purchases during open trading
periods and open market purchases through 10b5-1 plans, which allows a company to repurchase its shares at
times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed
trading blackout periods.
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