American Express 2015 Annual Report Download - page 60

Cumulative Value of $100 Invested on December 31, 2010 $250 $200 $150 $100 $50 $0 Dec 2010 Dec 2011 Dec 2012
Dec 2013 Dec 2014 Dec 2015 AXP S&P 500 Index S&P Financial Index
Cumulative Value of $100 Invested on December 31, 2010
$250
$200
$150
$100
$50
$0
Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015
AXP
S&P 500 Index
S&P Financial Index
Year-end Data 2010 2011 2012 2013 2014 2015
American Express ................................ $100.00 $111.62 $137.94 $220.48 $228.57 $ 173.21
S&P 500 Index ................................... $100.00 $102.11 $ 118.44 $ 156.78 $ 178.22 $180.67
S&P Financial Index ............................... $100.00 $82.94 $106.78 $ 144.79 $166.76 $ 164.15
(b) Not applicable.
(c) Issuer Purchases of Securities
The table below sets forth the information with respect to purchases of our common stock made by us or on our
behalf during the quarter ended December 31, 2015.
Total Number
of Shares
Purchased Average Price Paid Per Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced Plans
or Programs (c)
Maximum
Number
of Shares that
May Yet Be
Purchased Under
the Plans or
Programs
October 1-31, 2015
Repurchase program (a) ......................... 2,094,706 $ 74.01 2,904,706 119,805,248
Employee transactions (b) ........................ 708 $74.43 N/A N/A
November 1-30, 2015
Repurchase program (a) ......................... 6,869,147 $ 72.61 6,869,147 112,936,101
Employee transactions (b) ........................ 38,984 $73.26 N/A N/A
December 1-31, 2015
Repurchase program (a) ......................... 7,290,800 $69.93 7,290,800 105,645,301
Employee transactions (b) ........................ 6,431 $68.64 N/A N/A
Total
Repurchase program (a) ......................... 16,254,653 $ 71.59 16,254,653 105,645,301
Employee transactions (b) ........................ 46,123 $72.63 N/A N/A
(a) On May 12, 2015, we announced the authorization to repurchase up to 150 million shares of our common stock from time to time, in accordance
with the our capital distribution plans approved by the Federal Reserve and subject to market conditions. This authorization replaced the prior
repurchase authorization and does not have an expiration date.
(b) Includes: (i) shares surrendered by holders of employee stock options who exercised options (granted under our incentive compensation plans)
in satisfaction of the exercise price and/or tax withholding obligation of such holders and (ii) restricted shares withheld (under the terms of
grants under our incentive compensation plans) to offset tax withholding obligations that occur upon vesting and release of restricted shares.
Our incentive compensation plans provide that the value of the shares delivered or attested to, or withheld, be based on the price of our
common stock on the date the relevant transaction occurs.
(c) Share purchases under publicly announced programs are made pursuant to open market purchases or privately negotiated transactions
(including employee benefit plans) as market conditions warrant and at prices we deem appropriate.
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