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.

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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.

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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.

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