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EQR » Topics » (c) Common Shares Repurchased in the Quarter Ended March 31, 2006

This excerpt taken from the EQR 10-Q filed May 8, 2006.
                (c) Common Shares Repurchased in the Quarter Ended March 31, 2006             

 

The Company repurchased the following Common Shares during the first quarter ended March 31, 2006:

 

Period

 

Total Number
of Common Shares
Purchased (1)

 

Average Price
Paid Per
Share (1)

 

Total Number of
Common Shares
Purchased as Part
of Publicly
Announced Plans
or Programs (1)

 

Dollar Value of
Common Shares
that May Yet Be
Purchased Under
the Plans or
Programs (1)

 

February 2006

 

719,800

 

$

43.76

 

719,800

 

$

553,499,067

 

March 2006

 

300,000

 

44.19

 

300,000

 

540,242,127

 

First Quarter 2006

 

1,019,800

 

$

43.89

 

1,019,800

 

 

 

 

 

(1)             The Common Shares repurchased during the first quarter 2006 represent Common Shares repurchased in the open market under the Company’s publicly announced share repurchase program approved by its Board of Trustees.  Under this program, the Company may repurchase in open market or privately negotiated transactions up to $585.0 million of its Common Shares, with $540.2 million remaining following the above purchases.

 

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