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ALL » Topics » Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

This excerpt taken from the ALL 10-Q filed Nov 6, 2008.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

 

Issuer Purchases of Equity Securities

 

Period

 

Total
Number of
Shares
(or Units)
Purchased(1)

 

Average Price
Paid per Share
(or Unit)

 

Total Number
of Shares
(or Units)
Purchased as Part
of Publicly
Announced Plans
or Programs (2)

 

Maximum Number
(or Approximate Dollar
Value) of Shares
(or Units) that May Yet
Be Purchased Under the
Plans or Programs

 

July 1, 2008 - July 31, 2008

 

4,199,562

 

$

45.4455

 

4,148,338

 

$

1.2 Billion

 

August 1, 2008 - August 31, 2008

 

3,539,037

 

$

45.8252

 

3,536,794

 

$

1.0 Billion

 

September 1, 2008 - September 30, 2008

 

2,179,978

 

$

45.0303

 

2,179,095

 

$

934 million

 

Total

 

9,918,577

 

$

45.4898

 

9,864,227

 

 

 

 

(1)   In accordance with the terms of its equity compensation plans, Allstate acquired the following shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise or vesting.

 

July:       51,224

August:     2,243

September:  883

 

(2)          Repurchases under our programs are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

 

On October 22, 2008, Allstate announced the suspension of the $2.00 billion share repurchase program and does not plan to complete it by the target date of March 31, 2009.  The $2.00 billion share repurchase program was announced on February 26, 2008.

 

This excerpt taken from the ALL 10-Q filed Aug 6, 2008.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

 

Issuer Purchases of Equity Securities

 

Period

 

Total 
Number of 
Shares 
(or Units) 
Purchased(1)

 

Average Price 
Paid per Share 
(or Unit)

 

Total Number 
of Shares 
(or Units) 
Purchased as Part 
of Publicly 
Announced Plans 
or Programs (2)

 

Maximum Number 
(or Approximate Dollar 
Value) of Shares 
(or Units) that May Yet 
Be Purchased Under the 
Plans or Programs

 

April 1, 2008 - April 30, 2008

 

3,440,904

 

$

49.3328

 

3,440,974

 

$

1.6 Billion

 

May 1, 2008 - May 31, 2008

 

2,669,236

 

$

50.3226

 

2,668,500

 

$

1.5 Billion

 

June 1, 2008 - June 30, 2008

 

2,664,300

 

$

48.7513

 

2,664,300

 

$

1.4 Billion

 

Total

 

8,774,440

 

$

49.4574

 

8,773,774

 

 

 

 

(1)          In accordance with the terms of its equity compensation plans, Allstate acquired the following shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise or vesting.

 

April:

82

May:

736

June:

none

 

(2)          Repurchases under our programs are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

 

On February 26, 2008, Allstate announced the approval of a new share repurchase program for $2.00 billion.  This program is expected to be completed by March 31, 2009.

 

85


 

This excerpt taken from the ALL 10-Q filed Aug 1, 2007.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities

Period

 

 

 

Total
Number of
Shares
(or Units)
Purchased(1)

 

Average Price
Paid per Share
(or Unit)

 

Total Number
of Shares
(or Units)
Purchased as Part
of Publicly
Announced Plans
or Programs(2)

 

Maximum Number
(or Approximate Dollar
Value) of Shares
(or Units) that May Yet
Be Purchased Under the
Plans or Programs

 

April 1, 2007 -
April 30, 2007

 

4,694,717

 

$

61.7216

 

4,208,700

 

$

1.8 billion

 

May 1, 2007 -
May 31, 2007

 

5,437,207

 

$

62.2783

 

5,429,275

 

$

2.5 billion

 

June 1, 2007 -
June 30, 2007

 

14,699,033

 

$

61.4176

 

14,693,423

 

$

1.6 billion

 

Total

 

24,830,957

 

$

61.6635

 

24,331,398

 

 

 

(1)             In accordance with the terms of its equity compensation plans, Allstate acquired the following shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise or vesting.

April: 486,017
May:  7,932
June:  5,610

(2)             Repurchases under our programs are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

On October 18, 2006, Allstate announced the approval of a new share repurchase program for $3.00 billion.

Consistent with the announcement on April 18, 2007, Allstate increased the program to $4.00 billion following the issuance of $1.00 billion of junior subordinated securities.  The program is expected to be completed by March 31, 2008.

This excerpt taken from the ALL 10-Q filed May 1, 2007.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities

Period

 

 

 

Total
Number of
Shares
(or Units)
Purchased(1)

 


Average Price
Paid per Share
(or Unit)

 

Total Number
of Shares
(or Units)
Purchased as Part
of Publicly
Announced Plans
or Programs(2)

 


Maximum Number
(or Approximate Dollar
Value) of Shares
(or Units) that May Yet
Be Purchased Under the
Plans or Programs

 

January 1, 2007 - January 31, 2007

 

3,350,048

 

$

64.0682

 

3,341,300

 

$

2.6 Billion

 

February 1, 2007 - February 28, 2007

 

4,124,365

 

$

61.3844

 

3,808,300

 

$

2.3 Billion

 

March 1, 2007 - March 31, 2007

 

4,209,700

 

$

59.9746

 

4,209,700

 

$

2.1 Billion

 

Total

 

11,684,113

 

$

61.6460

 

11,359,300

 

 

 

 

50



(1)             In accordance with the terms of its equity compensation plans, Allstate acquired the following shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise or vesting.

January:    8,748
February:  316,065
March:      None

(2)             Repurchases under our programs are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

On October 18, 2006, Allstate announced the approval of a new share repurchase program for $3.00 billion, which is expected to be completed by March 31, 2008.

On April 18, 2007, Allstate announced the authorization of the issuance of up to $1.00 billion of junior subordinated securities, the proceeds of which will be used to repurchase up to $1 billion of our common stock by March 31, 2008.  These repurchases are in addition to the $3 billion share repurchase program announced in October 2006.

This excerpt taken from the ALL 10-Q filed May 3, 2006.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

 

Issuer Purchases of Equity Securities

 

Period

 

Total
Number of
Shares
(or Units)
Purchased (1)

 

Average Price
Paid per Share
(or Unit)

 

Total Number
of Shares
(or Units)
Purchased as Part
of Publicly
Announced Plans
or Programs (2)

 

Maximum Number
(or Approximate Dollar
Value) of Shares
(or Units) that May Yet
Be Purchased Under the
Plans or Programs

 

January 1, 2006 - January 31, 2006

 

1,360,000

 

$

53.4989

 

1,360,000

 

$1.5 billion

 

February 1, 2006 - February 28, 2006

 

3,052,778

 

$

53.3467

 

3,052,600

 

$1.3 billion

 

March 1, 2006 - March 31, 2006

 

4,070,931

 

$

53.7426

 

4,067,500

 

$1.1 billion

 

Total

 

8,483,709

 

$

53.5611

 

8,480,100

 

 

 

 

(1)   February:  In accordance with the terms of its equity compensation plans, Allstate acquired 178 shares in satisfaction of withholding taxes due upon the exercise of stock options and the vesting of restricted stock held by employees and/or directors.

 

March:  In accordance with the terms of its equity compensation plans, Allstate acquired 3,431 shares in satisfaction of withholding taxes due upon the exercise of stock options and the vesting of restricted stock held by employees and/or directors.

 

(2)   On November 9, 2004, Allstate announced the approval of a new repurchase program for $4.00 billion, which is expected to be completed in 2006. Repurchases under the program are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

 

This excerpt taken from the ALL 10-Q filed Nov 1, 2005.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

 

Period

 

Total
Number of
Shares
(or Units)
Purchased(1)

 

Average Price
Paid per Share
(or Unit)

 

Total Number
of Shares
(or Units)
Purchased as Part
of Publicly
Announced Plans
or Programs (2)

 

Maximum Number
(or Approximate Dollar
Value) of Shares
(or Units) that May Yet
Be Purchased Under the
Plans or Programs

 

July 1, 2005 - July 31, 2005

 

5,015,572

 

$

61.3025

 

4,910,700

 

$

2.2 billion

 

August 1, 2005 - August 31, 2005

 

5,364,477

 

$

58.7885

 

5,164,900

 

$

1.9 billion

 

September 1, 2005 - September 30, 2005

 

2,053,000

 

$

54.3369

 

2,053,000

 

$

1.8 billion

 

Total

 

12,433,049

 

$

59.0676

 

12,128,600

 

 

 

 

(1)          July:  In accordance with the terms of its equity compensation plans, Allstate acquired 104,872 shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise.

 

August:  In accordance with the terms of its equity compensation plans, Allstate acquired 199,577 shares in connection with stock option exercises by employees and/or directors.  The stock was received in payment of the exercise price of the options and in satisfaction of withholding taxes due upon exercise.

 

September:  None.

 

(2)          On November 9, 2004, Allstate announced the approval of a new repurchase program for $4.00 billion, which is expected to be completed in 2006.  Repurchases under the program are, from time to time, executed under the terms of a pre-set trading plan meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.

 

EXCERPTS ON THIS PAGE:

10-Q
Nov 6, 2008
10-Q
Aug 6, 2008
10-Q
Aug 1, 2007
10-Q
May 1, 2007
10-Q
May 3, 2006
10-Q
Nov 1, 2005

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