Snapple 2013 Annual Report Download - page 30

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20
COMMON STOCK REPURCHASES
During the years ended December 31, 2011, 2010, and 2009 our Board authorized the repurchase of an aggregate amount of
up to $3 billion of our outstanding common stock through the following actions:
• $200 million of share repurchases were authorized on November 20, 2009;
• $800 million of share repurchases were authorized on February 24, 2010;
• $1 billion of share repurchases were authorized on July 12, 2010; and
• $1 billion of share repurchases were authorized on November 17, 2011.
We repurchased approximately 8.7 million shares of our common stock, valued at approximately $400 million, in the year
ended December 31, 2013. Our share repurchase activity, on a monthly basis, for the quarter ended December 31, 2013 was as
follows (in thousands, except per share data):
Period
Number of
Shares
Purchased
Average Price
Paid per Share
Total Number
of Shares
Purchased as
Part of
Publicly
Announced
Plans or
Programs (1)
Maximum
Dollar Value
of Shares that
May Yet be
Purchased
Under
Publicly
Announced
Plans or
Programs
October 1, 2013 – October 31, 2013 1,103 $ 44.27 1,103 $ 680,724
November 1, 2013 – November 30, 2013 576 47.63 576 653,295
December 1, 2013 – December 31, 2013 1,684 48.14 1,684 572,225
For the quarter ended December 31, 2013 3,363 46.78 3,363
____________________________
(1) As previously disclosed, the Board has authorized us to purchase an aggregate amount of up to $3,000 million of our outstanding
common stock. This column discloses the number of shares purchased pursuant to these programs during the indicated time
periods. As of December 31, 2013, there was a remaining balance of $572 million authorized for repurchase that had not been
utilized.