Send us Feedback

Kroger Company (KR)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

KR » Topics » ISSUER PURCHASES OF EQUITY SECURITIES

This excerpt taken from the KR 10-Q filed Dec 19, 2007.

ISSUER PURCHASES OF EQUITY SECURITIES

   Maximum
 Dollar Value of
 Shares that May
 Total Number of  Yet Be
 Shares Purchased Purchased
 Total Number   Average    as Part of Publicly  Under the Plans
 of Shares   Price Paid Per   Announced Plans  or Programs(3)
Period(1)       Purchased        Share       or Programs(2)       (in millions)
First four weeks    
     August 19, 2007 to September 15, 2007 10,370,886 $ 25.85 10,359,123 $ 347
Second four weeks
     September 16, 2007 to October 13, 2007 3,709,137 $ 28.02 3,688,993 $ 259
Third four weeks
     October 14, 2007 to November 10, 2007 2,468,054 $ 28.73 2,468,021 $ 202
Total 16,548,077 $ 26.77 16,516,137 $ 202

(1)       The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods. The third quarter of 2007 contained three 28-day periods.
(2) Shares were repurchased under (i) a $1 billion stock repurchase program, authorized by the Board of Directors on June 26, 2007, and (ii) a program announced on December 6, 1999, to repurchase common stock to reduce dilution resulting from our employee stock option plans which program is limited to proceeds received from exercises of stock options and the tax benefits associated therewith. The programs have no expiration date but may be terminated by the Board of Directors at any time. Total shares purchased include shares that were surrendered to the Company by participants in the Company’s long-term incentive plans to pay for taxes on restricted stock awards.
(3) Amounts shown in this column reflect amounts remaining under the $1 billion stock repurchase program referenced in clause (i) of Note 2 above. Amounts to be invested under the program utilizing option exercise proceeds are dependent upon option exercise activity.

Page 30 of 37

This excerpt taken from the KR 10-Q filed Sep 27, 2007.

ISSUER PURCHASES OF EQUITY SECURITIES

          Maximum
            Dollar Value of
          Shares that May
        Total Number of Yet Be
        Shares Purchased Purchased
  Total Number Average as Part of Publicly Under the Plans
    of Shares   Price Paid Per   Announced Plans   or Programs(3)
Period(1)  Purchased Share   or Programs(2) (in millions)
First four weeks               
     May 27, 2007 to June 23, 2007  475,000  $  30.09  475,000  $  136 
Second four weeks             
     June 24, 2007 to July 21, 2007  8,356,898  $  28.38  8,353,200  $  903 
Third four weeks             
     July 22, 2007 to August 18, 2007  12,412,490  $  26.33  12,412,470  $  612 
Total  21,244,388  $  27.22  21,240,670  $  612 

(1)       The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods. The second quarter of 2007 contained three 28-day periods.
 
(2) Shares were repurchased under (i) a $500 million stock repurchase program, authorized by the Board of Directors on May 4, 2006, and (ii) a $1 billion stock repurchase program, authorized by the Board of Directors on June 26, 2007, and (iii) a program announced on December 6, 1999, to repurchase common stock to reduce dilution resulting from our employee stock option plans which program is limited to proceeds received from exercises of stock options and the tax benefits associated therewith. The programs have no expiration date but may be terminated by the Board of Directors at any time. The $1 billion stock-repurchase program mentioned in clause (ii) replaced the $500 million stock repurchase program mentioned in clause (i) in the middle of the second quarter of 2007. Accordingly, the Company does not intend to make further purchases under the program referenced in clause (i). Total shares purchased include shares that were surrendered to the Company by participants in the Company’s long- term incentive plans to pay for taxes on restricted stock awards.
 
(3) The amount shown in this column in the first four week period reflect amounts remaining under the $500 million stock repurchase program referenced in clause (i) of Note 2 above. Amounts shown in this column in the second and third four week periods reflect amounts remaining under the $1 billion stock repurchase program referenced in clause (ii) of Note 2 above. Amounts to be invested under the program utilizing option exercise proceeds are dependent upon option exercise activity.

Page 30 of 38

This excerpt taken from the KR 10-Q filed Jul 3, 2007.

ISSUER PURCHASES OF EQUITY SECURITIES

                           Maximum 
   Dollar Value of 
   Shares that May 
   Total Number of   Yet Be 
   Shares Purchased   Purchased 
 Total Number   Average   as Part of Publicly   Under the Plans 
 of Shares   Price Paid Per  Announced Plans   or Programs(3) 
Period(1)    Purchased   Share   or Programs(2)   (in millions) 
First four weeks        
     February 4, 2007 to March 3, 2007 538,018 $ 25.92   538,018 $ 220
Second four weeks        
     March 4, 2007 to March 31, 2007 1,483,264 $ 26.89 1,450,000 $ 195
Third four weeks
     April 1, 2007 to April 28, 2007 2,064,040 29.24 2,060,000 $ 165
Fourth four weeks
     April 29, 2007 to May 26, 2007 1,082,329 $ 29.59 642,882 $ 150
Total 5,167,651 $ 28.29 4,690,900 $ 150

(1)     The reported periods conform to the Company’s fiscal calendar composed of thirteen 28-day periods. The first quarter of 2007 contained four 28-day periods.
 
(2) Shares were repurchased under (i) a $500 million stock repurchase program, authorized by the Board of Directors on May 4, 2006, and (ii) a program announced on December 6, 1999, to repurchase common stock to reduce dilution resulting from our employee stock option plans which program is limited to proceeds received from exercises of stock options and the tax benefits associated therewith. The programs have no expiration date but may be terminated by the Board of Directors at any time. On June 26, 2007, Kroger announced that the Board of Directors authorized a new $1 billion stock repurchase program, which replaces the program referenced in clause (i). Accordingly, the Company does not intend to make further purchases under the program referenced in clause (i). Total shares purchased include shares that were surrendered to the Company by participants in the Company’s long-term incentive plans to pay for taxes on restricted stock awards.
 
(3) Amounts shown in this column reflect amounts remaining under the $500 million stock repurchase program referenced in clause (i) of Note 2 above. Amounts to be invested under the program utilizing option exercise proceeds are dependent upon option exercise activity.

Page 29 of 40

EXCERPTS ON THIS PAGE:

10-Q
Dec 19, 2007
10-Q
Sep 27, 2007
10-Q
Jul 3, 2007

RELATED TOPICS for KR:

"ISSUER PURCHASES OF EQUITY SECURITIES" elsewhere:

Staples (SPLS)
Starbucks (SBUX)
Safeway (SWY)
Sprint Nextel (S)
Home Depot (HD)
AutoNation (AN)
Pantry (PTRY)
HARRIS TEETER SUPERMARKETS, INC. (RDK)
Procter & Gamble Company (PG)
Tyson Foods (TSN)
MedcoHealth Solutions (MHS)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki