International Paper 2015 Annual Report Download - page 29

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12
PART II.
ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Dividend per share data on the Company’s common
stock and the high and low sales prices for the
Company’s common stock for each of the four quarters
in 2015 and 2014 are set forth on page 83 of Item 8.
Financial Statements and Supplementary Data. As of
the filing of this Annual Report on Form 10-K, the
Company’s common shares are traded on the New York
Stock Exchange. As of February 19, 2016, there were
approximately 12,705 record holders of common stock
of the Company.
The table below presents information regarding the
Company’s purchase of its equity securities for the time
periods presented.
PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS.
Period
Total Number of Shares
Purchased (a)
Average Price Paid per
Share
Total Number of Shares (or
Units) Purchased as Part of
Publicly Announced
Programs
Maximum Number
(or Approximate Dollar
Value) of Shares that
May Yet Be Purchased
Under the Plans or
Programs (in billions)
October 1, 2015 - October 31, 2015 — $— — $1.13
November 1, 2015 - November 30, 2015 2,028,004 41.05 2,027,636 1.05
December 1, 2015 - December 31, 2015 404,562 41.80 402,163 1.03
Total 2,432,566
(a) 2,767 shares were acquired from employees from share withholdings to pay income taxes under the Company’s restricted stock programs.
The remainder were purchased under a share repurchase program that was approved by our Board of Directors and announced on July 8,
2014. Through this program, which does not have an expiration date, we were authorized to purchase, in open market transactions (including
block trades), privately negotiated transactions or otherwise, up to $1.5 billion of shares of our common stock. As of February 19, 2016,
approximately $933 million of shares of our common stock remained authorized for purchase under our share repurchase programs.