Humana 2014 Annual Report Download - page 45

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37
Issuer Purchases of Equity Securities
The following table provides information about purchases by us during the three months ended December 31,
2014 of equity securities that are registered by us pursuant to Section 12 of the Exchange Act:
Period
Total Number
of Shares
Purchased (1)
Average
Price Paid
per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs (1)(2)
Dollar Value of
Shares that May
Yet Be Purchased
Under the Plans
or Programs (1)
October 2014 592,852 $ 128.37 592,852 $ 1,889,450,517
November 2014 3,236,801 130.97 3,236,801 1,365,543,163
December 2014 0 0 0 1,365,543,163
Total 3,829,653 $ 130.56 3,829,653
(1) In September 2014, the Board of Directors replaced a previous share repurchase authorization of up to $1 billion
with a current authorization for repurchases of up to $2 billion of our common shares exclusive of shares
repurchased in connection with employee stock plans, expiring on December 31, 2016. Under the current share
repurchase authorization, shares may be purchased from time to time at prevailing prices in the open market,
by block purchases, or in privately-negotiated transactions (including pursuant to accelerated share repurchase
agreements with investment bankers), subject to certain regulatory restrictions on volume, pricing, and timing.
As of February 18, 2015, the remaining authorized amount under the current authorization totaled approximately
$1.37 billion, which includes $100 million of stock held back as part of an accelerated share repurchase agreement
as more fully described under "Stock Repurchases" in Note 15 to the consolidated financial statements included
in Item 8. – Financial Statements and Supplementary Data.
(2) Excludes 0.02 million shares repurchased in connection with employee stock plans.
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