Waste Management 2007 Annual Report Download - page 56

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Issuer Purchases of Equity Securities
Period
Total Number
of Shares
Purchased
Average Price
Paid per
Share(a)
Total Number
of Shares
Purchased as
Part of
Publicly Announced
Plans or
Programs
Approximate Maximum
Dollar Value of
Shares that
May Yet be
Purchased Under
the Plans
or Programs(b)
October 1-31 . ......... 2,143,600 $37.74 2,143,600 $150 million
November 1-30 ......... 4,782,300 $34.66 4,782,300 $284 million
December 1-31 ......... 2,941,900 $34.01 2,941,900 $184 million
Total ................ 9,867,800 $35.13 9,867,800
(a) This amount represents the weighted average price paid per share and includes a per share commission paid for
all repurchases.
(b) For each period presented, the maximum dollar value of shares that may yet be purchased under the program
has been provided net of the dividends declared and paid in the fourth quarter of 2007. As discussed above, the
amount of capital available for share repurchases and dividends during 2007 was $2.1 billion. During the year
ended December 31, 2007, we paid $495 million in dividends. The “Total” amount available for repurchases
under the plan represents the remaining portion of the $300 million of additional share repurchases approved by
the Board of Directors in November 2007.
In 2006, we repurchased 31 million shares of our common stock for $1,072 million, all of which was made
pursuant to the capital allocation program discussed above.
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