Mondelez 2014 Annual Report Download - page 22

Table of Contents
Issuer Purchases of Equity Securities
Our stock repurchase activity for each of the three months in the quarter ended December 31, 2014 included:
19
Total
Number
of Shares
Purchased
(1)
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Program
(2)
Approximate Dollar Value
of Shares That May Yet
be Purchased Under
the Program
(2)
October 1-31, 2014
94,645
$
33.95
–
$
3,748,483,943
November 1-30, 2014
10,687,311
38.51
10,627,813
3,339,111,657
December 1-31, 2014
7,002,654
38.61
7,001,127
3,068,780,002
Quarter Ended December 31, 2014
17,784,610
38.53
17,628,940
(1) The total number of shares purchased includes: (i) shares purchased pursuant to the repurchase program described in (2) below; and (ii) shares tendered to us by employees who used shares to exercise options and to pay the related taxes for grants of restricted and deferred stock that
vested, totaling 94,645 shares, 59,498 shares and 1,527 shares for the fiscal months of October, November and December 2014, respectively.
(2) During 2013, our Board of Directors authorized the repurchase of $7.7 billion of our Common Stock through December 31, 2016. On March 12,
2013, our Board of Directors authorized the repurchase of up to the lesser of 40 million shares or $1.2 billion of our Common Stock through
March 12, 2016. On August 6, 2013, our Audit Committee, with authorization delegated from our Board of Directors, increased the repurchase
program capacity to $6.0 billion of Common Stock repurchases and extended the expiration date to December 31, 2016. On December 3, 2013, our
Board of Directors approved an increase of $1.7 billion to the program related to a new accelerated share repurchase program, which concluded in
May 2014. See Note 13,
Capital Stock
, for additional information.