Microsoft 2006 Annual Report Download - page 7

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PAGE 6
SELECTED FINANCIAL DATA, STOCK PRICE INFORMATION,
AND ISSUER PURCHASES OF EQUITY SECURITIES (CONTINUED)
Common stock repurchases in the fourth quarter of fiscal year 2006 were as follows:
Period
(a) Total number of
shares purchased
(b) Average
price paid per
share
(c)
T
otal
number of
shares purchased as
part of publicly
announced plans or
programs
(d) Maximum
number
of
shares
(or approximate dollar value)
of shares that may yet be
purchased under the plans or
programs (in millions)
April 1, 2006 – April 30, 2006
38,041,415
$27.08
38,041,415 $5,394
Ma
y
1, 2006 – Ma
y
31, 2006
8,618,036
$24.37
8,618,036 $5,184
June 1, 2006 – June 30, 2006
128,949,609
$22.76
128,949,609 $2,249
175,609,060
175,609,060
On July 20, 2006, we announced that our Board of Directors authorized two new share repurchase programs: a $20 billion
tender offer which was completed on August 17, 2006; and authorization for up to an additional $20 billion ongoing share
repurchase program with an expiration of June 30, 2011. Under the tender offer, we repurchased approximately 155 million
shares of common stock, or 1.5% of our common shares outstanding, for approximately $3.8 billion at a price per share of
$24.75.
On August 18, 2006, we announced that the authorization for the ongoing share repurchase program, previously announced
on July 20, 2006, had been increased by approximately $16.2 billion. As a result, the company is authorized to repurchase
additional shares in an amount up to $36.2 billion through June 30, 2011.