EBAY » Topics » Stock Repurchases

This excerpt taken from the EBAY 10-K filed Feb 17, 2010.

Stock Repurchases

In July 2006, our Board authorized the repurchase of up to $2.0 billion of our common stock within two years from the date of authorization. In January 2007, our Board authorized, and we announced, an expansion of the stock repurchase program to provide for the repurchase of up to an additional $2.0 billion of our common stock over the next two years. During 2007, we repurchased approximately 44.6 million shares of our common stock at an average price of $33.42 per share for an aggregate purchase price of $1.5 billion under this stock repurchase program. In January 2008, our Board authorized, and we announced, another stock repurchase program of up to $2.0 billion of our common stock that has no expiration date. During 2008, we repurchased approximately 80.6 million shares of our common stock at an average price of $27.15 per share for an aggregate purchase price of $2.2 billion, under these stock repurchase programs. During 2009 we did not repurchase any shares of our common stock. As of December 31, 2009, we have the ability to repurchase up to $656.5 million under our stock repurchase program.

Our stock repurchase programs may be limited or terminated at any time without prior notice. Stock repurchases under these programs may be made through a variety of open market and privately negotiated transactions, including structured stock repurchase transactions or other derivative transactions, at times and in such amounts as management deems appropriate and will be funded from our working capital or other financing alternatives. The timing and actual number of shares repurchased will depend on a variety of factors including corporate and regulatory requirements, price and other market conditions and management’s determination as to the appropriate use of our cash. The programs are intended to comply with the volume, timing and other limitations set forth in Rule 10b-18 under the Securities Exchange Act of 1934.

This excerpt taken from the EBAY 10-Q filed Apr 28, 2009.

Stock Repurchases

In January 2008, our Board authorized, and we announced, a stock repurchase program of up to $2.0 billion of our common stock. During the three months ended March 31, 2009, we did not repurchase any shares of our common stock. As of March 31, 2009, we have the ability to repurchase up to $656.5 million under our stock repurchase program.

These excerpts taken from the EBAY 10-K filed Feb 20, 2009.
Stock Repurchases
 
In July 2006, our Board authorized the repurchase of up to $2.0 billion of our common stock within two years from the date of authorization. During 2006, we repurchased approximately 54.5 million shares of our common stock at an average price of $30.56 per share for an aggregate purchase price of $1.7 billion. In January 2007, our Board authorized, and we announced, an expansion of the stock repurchase program to provide for the repurchase of up to an additional $2.0 billion of our common stock over the next two years. During 2007, we repurchased approximately 44.6 million shares of our common stock at an average price of $33.42 per share for an aggregate purchase price of $1.5 billion under this stock repurchase program. In January 2008, our Board authorized, and we announced, another stock repurchase program of up to $2.0 billion of our common stock. During 2008, we repurchased approximately 80.6 million shares of our common stock at an average price of $27.15 per share for an aggregate purchase price of $2.2 billion, under these stock repurchase programs.
 
Our stock repurchase programs may be limited or terminated at any time without prior notice. Stock repurchases under these programs may be made through a variety of open market and privately negotiated transactions, including structured stock repurchase transactions or other derivative transactions, at times and in such amounts as management deems appropriate and will be funded from the company’s working capital or other financing alternatives. The timing and actual number of shares repurchased will depend on a variety of factors including corporate and regulatory requirements, price and other market conditions and management’s determination as to the appropriate use of our cash. The programs are intended to comply with the volume, timing and other limitations set forth in Rule 10b-18 under the Securities Exchange Act of 1934.
 
Stock
Repurchases



 



In July 2006, our Board authorized the repurchase of up to
$2.0 billion of our common stock within two years from the
date of authorization. During 2006, we repurchased approximately
54.5 million shares of our common stock at an average price
of $30.56 per share for an aggregate purchase price of
$1.7 billion. In January 2007, our Board authorized, and we
announced, an expansion of the stock repurchase program to
provide for the repurchase of up to an additional
$2.0 billion of our common stock over the next two years.
During 2007, we repurchased approximately 44.6 million
shares of our common stock at an average price of $33.42 per
share for an aggregate purchase price of $1.5 billion under
this stock repurchase program. In January 2008, our Board
authorized, and we announced, another stock repurchase program
of up to $2.0 billion of our common stock. During 2008, we
repurchased approximately 80.6 million shares of our common
stock at an average price of $27.15 per share for an aggregate
purchase price of $2.2 billion, under these stock
repurchase programs.


 



Our stock repurchase programs may be limited or terminated at
any time without prior notice. Stock repurchases under these
programs may be made through a variety of open market and
privately negotiated transactions, including structured stock
repurchase transactions or other derivative transactions, at
times and in such amounts as management deems appropriate and
will be funded from the company’s working capital or other
financing alternatives. The timing and actual number of shares
repurchased will depend on a variety of factors including
corporate and regulatory requirements, price and other market
conditions and management’s determination as to the
appropriate use of our cash. The programs are intended to comply
with the volume, timing and other limitations set forth in
Rule 10b-18
under the Securities Exchange Act of 1934.


 




This excerpt taken from the EBAY 10-Q filed Oct 23, 2008.
Stock Repurchases
 
In January 2008, our Board authorized, and we announced, a stock repurchase program of up to $2.0 billion of our common stock. This program is in addition to our previously announced stock repurchase program. During the third quarter and first nine months of 2008, we repurchased approximately $622.8 million and $2.2 billion of our common stock, respectively. As of September 30, 2008, we have repurchased approximately $5.3 billion of our common stock ($4.0 billion of which completed the previously announced and expanded stock repurchase program) and we have the ability to repurchase up to $656.5 million of our common stock under our stock repurchase program authorized by our Board in January 2008.
 
This excerpt taken from the EBAY 10-Q filed Jul 24, 2008.
Stock Repurchases
 
In January 2008, our Board authorized, and we announced, a stock repurchase program of up to $2.0 billion of our common stock. This program is in addition to our previously announced stock repurchase program. During the second quarter and first six months of 2008, we repurchased approximately $566.0 million and $1.6 billion of our common stock, respectively. As of June 30, 2008, we have repurchased approximately $4.7 billion of our common stock ($4.0 billion of which completed the previously announced and expanded stock repurchase program) and we have the ability to repurchase up to $1.3 billion of our common stock under our stock repurchase program authorized by our Board in January 2008.
 
This excerpt taken from the EBAY 10-Q filed Apr 24, 2008.
Stock Repurchases
 
In January 2008, our Board authorized, and we announced, another stock repurchase program of up to $2.0 billion of our common stock. This program is in addition to our previously announced stock repurchase program. During the three months ended March 31, 2008, we repurchased approximately $1.0 billion of our common stock. As of March 31, 2008, we have repurchased approximately $4.2 billion of our common stock and we have the ability to repurchase up to $1.8 billion under our combined stock repurchase programs.
 
This excerpt taken from the EBAY 10-Q filed Apr 24, 2008.
Stock Repurchases
 
In January 2008, our Board authorized, and we announced, another stock repurchase program of up to $2.0 billion of our common stock. This program is in addition to our previously announced stock repurchase program. During the three months ended March 31, 2008, we repurchased approximately $1.0 billion of our common stock. As of March 31, 2008, we have repurchased approximately $4.2 billion of our common stock and we have the ability to repurchase up to $1.8 billion under our combined stock repurchase programs.
 
This excerpt taken from the EBAY 10-Q filed Oct 29, 2007.
Stock Repurchases
 
In July 2006, our Board authorized the repurchase of up to $2.0 billion of our common stock within two years from the date of authorization. In January 2007, our Board authorized an expansion of the stock repurchase program to provide for the repurchase of up to an additional $2.0 billion of our common stock over the next two years. During the nine months ended September 30, 2007, we repurchased $1.2 billion of our common stock. As of September 30, 2007, we have repurchased approximately $2.8 billion of our common stock under our stock repurchase program in the aggregate and we may repurchase up to an additional $1.2 billion of our common stock through January 2009.
 
This excerpt taken from the EBAY 10-Q filed Jul 27, 2007.
Stock Repurchases
 
In July 2006, our Board authorized the repurchase of up to $2.0 billion of our common stock within two years from the date of authorization. In January 2007, our Board authorized an expansion of the stock repurchase program to provide for the repurchase of up to an additional $2.0 billion of our common stock over the next two years. During the six-month period ended June 30, 2007, we repurchased $0.7 billion of our common stock. As of June 30, 2007, we have repurchased approximately $2.3 billion of our common stock and we may repurchase up to an additional $1.7 billion of our common stock through January 2009.
 
This excerpt taken from the EBAY 10-Q filed Apr 25, 2007.
Stock Repurchases
 
As of March 31, 2007, we have repurchased approximately $2.0 billion of our common stock since the inception of our stock repurchase program and we have been authorized by the Board to purchase an additional $2.0 billion of our common stock under our stock repurchase program through January 2009.


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