Intel 2012 Annual Report Download - page 29

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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 8, 2013, there were approximately 150,000 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 are
held of record by banks, brokers, and other financial institutions.
Issuer Purchases of Equity Securities
We have an ongoing authorization, since October 2005, as amended, from our Board of Directors to repurchase up to
$45 billion in shares of our common stock in open market purchases or negotiated transactions. As of December 29,
2012, $5.3 billion remained available for repurchase under the existing repurchase authorization limit.
Common stock repurchase activity under our authorized, publicly announced plan in each quarter of 2012 was as follows
(in millions, except per share amounts):
Period
Total Number of
Shares Purchased
Average Price
Paid Per Share
Dollar Value of
Shares That May
Yet Be Purchased
Under the Plans
January 1, 2012 – March 31, 2012........................................................
56.9
$ 26.36
$ 8,598
April 1, 2012 – June 30, 2012................................................................
40.6
$ 27.10
$ 7,497
July 1, 2012 – September 29, 2012.......................................................
46.4
$ 25.10
$ 6,332
September 30, 2012 – December 29, 2012 ..........................................
47.1
$ 21.23
$ 5,332
Total................................................................................................
191.0
$ 24.95
Common stock repurchase activity under our authorized, publicly announced plan during the fourth quarter of 2012 was
as follows (in millions, except per share amounts):
Period
Total Number of
Shares Purchased
Average Price
Paid Per Share
Dollar Value of
Shares That May
Yet Be Purchased
Under the Plans
September 30, 2012 – October 27, 2012 ..............................................
14.5
$ 21.98
$ 6,013
October 28, 2012 – November 24, 2012 ...............................................
13.2
$ 21.33
$ 5,732
November 25, 2012 – December 29, 2012 ...........................................
19.4
$ 20.60
$ 5,332
Total................................................................................................
47.1
$ 21.23
For the majority of restricted stock units granted, the number of shares issued on the date the restricted stock units vest is
net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf
of our employees. Although these withheld shares are not issued or considered common stock repurchases under our
authorized plan and are not included in the common stock repurchase totals in the preceding table, they are treated as
common stock repurchases in our consolidated financial statements, as they reduce the number of shares that would
have been issued upon vesting. For further discussion, see “Note 23: Common Stock Repurchases” in Part II, Item 8 of
this Form 10-K.