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This excerpt taken from the EQR 8-K filed Feb 6, 2008. Share Repurchase During the fourth quarter of 2007, the company repurchased and retired 2,390,000 of its common shares at an average price of $37.44 per share for an aggregate purchase of approximately $89.5 million. During 2007, the company repurchased and retired 27,484,346 of its common shares at an average price of $44.62 per share for an aggregate purchase of approximately $1.2 billion. Since the end of the fourth quarter, the company has repurchased and retired 100,000 of its common shares at an average price of $35.74 per share for an aggregate purchase of approximately $3.6 million. The company has authorization to repurchase an additional $472.0 million under its share repurchase program. |
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