Intel 2013 Annual Report Download - page 30

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25
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Information regarding the principal U.S. market in which Intel common stock is traded, including the market price
range of Intel common stock and dividend information, can be found in “Financial Information by Quarter
(Unaudited)” in Part II, Item 8 of this Form 10-K.
As of February 7, 2014, there were approximately 144,000 registered holders of record of Intel’s common stock. A
substantially greater number of holders of Intel common stock are “street name” or beneficial holders, whose shares
of record are held by banks, brokers, and other financial institutions.
Issuer Purchases of Equity Securities
We have an ongoing authorization, originally approved by our Board of Directors in October 2005, and subsequently
amended, to repurchase up to $45 billion in shares of our common stock in open market purchases or negotiated
transactions. As of December 28, 2013, $3.2 billion remained available for repurchase under the existing
repurchase authorization limit.
Common stock repurchase activity under our publicly announced stock repurchase plan during each quarter of
2013 was as follows:
Period
Total Number of
Shares Purchased
(In Millions) Average Price
Paid Per Share
Dollar Value of
Shares That May
Yet Be Purchased
(In Millions)
December 30, 2012 – March 30, 2013 25.2 $ 21.13 $ 4,799
March 31, 2013 – June 29, 2013 23.3 $ 23.58 $ 4,249
June 30, 2013 – September 28, 2013 23.6 $ 22.79 $ 3,713
September 29, 2013 – December 28, 2013 22.0 $ 24.02 $ 3,185
Total 94.1 $ 22.83
Common stock repurchase activity under our publicly announced stock repurchase plan during the fourth quarter of
2013 was as follows:
Period
Total Number of
Shares Purchased
(In Millions) Average Price
Paid Per Share
Dollar Value of
Shares That May
Yet Be Purchased
Under the Plans
(In Millions)
September 29, 2013 – October 26, 2013 6.4 $ 23.16 $ 3,565
October 27, 2013 – November 23, 2013 6.7 $ 24.30 $ 3,402
November 24, 2013 – December 28, 2013 8.9 $ 24.43 $ 3,185
Total 22.0 $ 24.02
In our consolidated financial statements, we also treat shares withheld for tax purposes on behalf of our employees
in connection with the vesting of restricted stock units as common stock repurchases because they reduce the
number of shares that would have been issued upon vesting. These withheld shares are not considered common
stock repurchases under our authorized common stock repurchase plan and accordingly are not included in the
common stock repurchase totals in the preceding table.
For further discussion, see “Note 20: Common Stock Repurchases” in Part II, Item 8 of this Form 10-K.
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