Safeway 2006 Annual Report Download - page 35

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SAFEWAY INC. AND SUBSIDIARIES
Issuer Purchases of Equity Securities
The following table contains information for shares repurchased during the fourth quarter of 2006.
Fiscal period
Total number of
shares
purchased (1)
Average price
paid per share (2)
Total number of shares
purchased as part of
publicly announced
plans or programs
Approximate dollar value of
shares that may yet be purchased
under the plans or programs
(in millions) (3)
September 10, 2006 –
October 7, 2006 – – – $ 353.6
October 8, 2006 –
November 4, 2006 3,689,100 $ 28.84 3,689,100 247.2
November 5, 2006 –
December 2, 2006 – – – 247.2
December 3, 2006 –
December 30, 2006 41,307 33.09 – 747.2
Total 3,730,407 $ 28.89 3,689,100 $ 747.2
(1) Includes 41,307 shares withheld, at the election of certain holders of restricted stock, by the Company from the vested portion
of restricted stock awards with a market value approximating the amount of the withholding taxes due from such restricted
stockholders.
(2) Average price per share excludes commissions. Average price per share, excluding the withheld restricted shares referred to in
footnote 1 above, was $28.84.
(3) In July 2002, the Company announced that its Board of Directors had increased the authorized level of its stock repurchase
program to $3.5 billion from the previously announced level of $2.5 billion. In December 2006, the Board of Directors increased
the total authorized level of the stock repurchase program to $4.0 billion. From the initiation of the repurchase program in 1999
through the end of fiscal 2006, the aggregate cost of shares of common stock repurchased by the Company, including
commissions, was approximately $3.3 billion, leaving an authorized amount for repurchases of $747.2 million. The repurchase
program has no expiration date but may be terminated by the Board of Directors.
17