Raytheon 2011 Annual Report Download - page 34

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26
Company / Index
Raytheon Common Stock
S&P 500 Index
S&P Aerospace & Defense Index
Indexed Returns
Years Ending
Base
Period
12/31/2006
100
100
100
12/31/2007
117.02
105.49
119.32
12/31/2008
100.40
66.46
75.72
12/31/2009
104.04
84.05
94.38
12/31/2010
95.72
96.71
108.64
12/31/2011
104.47
98.76
114.37
Issuer Purchases of Equity Securities
Period
October (October 3, 2011-October 30, 2011)
November (October 31, 2011-November 28, 2011)
December (November 29, 2011-December 31, 2011)
Total
Total Number
of Shares
Purchased (1)
25,677
3,625,844
3,400,899
7,052,420
Average
Price Paid per
Share
$42.61
44.27
44.80
$44.52
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Plans
—
3,625,844
3,394,041
7,019,885
Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Plans (2)
$2.5 billion
$2.3 billion
$2.2 billion
(1) Includes shares purchased related to treasury activity under our stock plans. Such activity during the fourth quarter of 2011 includes the surrender by
employees of 32,535 shares to satisfy tax withholding obligations in connection with the vesting of restricted stock issued to employees.
(2) In March 2010 our Board of Directors authorized the repurchase of up to $2.0 billion of our outstanding common stock. In September 2011, our Board
of Directors authorized the repurchase of up to an additional $2.0 billion of our outstanding common stock. Share repurchases will take place from
time to time at management’s discretion depending on market conditions.