Safeway 2010 Annual Report Download - page 33

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SAFEWAY INC. AND SUBSIDIARIES
Issuer Purchases of Equity Securities
Fiscal period
Total number of
shares purchased
Average price paid
per share (2)
Total number of shares
purchased as part of
publicly announced
plans or programs
Approximate dollar value
of shares that may yet be
purchased under the plans
or programs (in millions) (3)
September 12, 2010 –
October 9, 2010 – – – $ 825.5
October 10, 2010 –
November 6, 2010 4,120,000 $ 22.44 4,120,000 732.9
November 7, 2010 –
December 4, 2010 3,373,400 22.94 3,373,400 655.5
December 5, 2010 –
January 1, 2011 10,998 (1) 21.80 – 1,655.5
Total 7,504,398 $ 22.66 7,493,400 $ 1,655.5
(1) Shares withheld, at the election of a certain holder of restricted stock, by the Company from the vested portion of restricted stock
awards with a market value approximating the amount of the withholding taxes due from such restricted stockholder.
(2) Average price per share excludes commissions. Average price per share excluding the restricted shares referred to in footnote 1
above was $22.67.
(3) In December 2010, the Company’s Board of Directors increased the authorized level of the Company’s stock repurchase program
from $6.0 billion to $7.0 billion. From the initiation of the repurchase program in 1999 through the end of fiscal 2010, the
aggregate cost of shares of common stock repurchased by the Company, including commissions, was approximately $5.3 billion,
leaving an authorized amount for repurchases of approximately $1.7 billion. The timing and volume of future repurchases will
depend on several factors, including market conditions. The repurchase program has no expiration date but may be terminated by
the Board of Directors.
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