GE 2015 Annual Report Download - page 137

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OTHER FINANCIAL DATA
GE 2015 FORM 10-K 109
PURCHASES OF E
Q
UITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS
Approximate
dollar value
Total numbe
r
of shares tha
t
of shares ma
y
y
et be
purchased purchased
as part o
f
under ou
r
Total numbe
r
Avera
g
e our share share
of shares price paid repurchase repurchase
Period purchased
(
a
)
per share pro
g
ram
(
b
)
pro
g
ram
(
b
)
(
Shares in thousands
)
2015
October 895 $ 28.24 846
November 672,357 $ 30.36 910
December 98,922 $ 30.62 98,835
Total 772,174 $ 30.39 100,591 $ 46.7 billion
(a) This category included 583 thousand shares repurchased from our various benefit plans. On November 17, 2015, GE accepted 671,366,809
shares of GE common stock at a price of $30.36 per share in exchange for shares of Synchrony Financial common stock that it owned.
(b) Shares were repurchased through the 2015 GE Share Repurchase Program (the Program). As of December 31, 2015, we were authorized to
repurchase up to $50 billion of our common stock through 2018 and we had repurchased a total of approximately $3.3 billion under the
Program. The Program is flexible and shares will be acquired with a combination of borrowings and free cash flow from the public markets and
other sources, including GE Stock Direct, a stock purchase plan that is available to the public.
GE 2015 FORM 10-K 109