SWY » Topics » Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

This excerpt taken from the SWY 10-Q filed Oct 13, 2006.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table contains information for shares repurchased during the third quarter of 2006.

 

Fiscal period

   Total number of
shares
purchased
   Average price
paid per share1
   Total number of
shares purchased as
part of publicly
announced plans or
programs
   Approximate dollar
value of shares that
may yet be purchased
under the plans or
programs (in millions)2

June 18, 2006 – July 15, 2006

   —      $ N/A    —      $ 425

July 16, 2006 – August 12, 2006

   1,379,600      28.35    1,379,600      386

August 13, 2006 – September 9, 2006

   1,063,700      30.68    1,063,700      354
                       

TOTAL

   2,443,300    $ 29.36    2,443,300    $ 354

1 Average price per share excludes commissions.
2 In July 2002, the Company announced that its Board of Directors had increased the authorized level of its stock repurchase program to $3.5 billion from the previously announced level of $2.5 billion. From the initiation of the repurchase program in 1999 through the end of the third quarter of 2006, the aggregate cost of shares of common stock repurchased by the Company, including commissions, was approximately $3.1 billion, leaving an authorized amount for repurchases of approximately $354 million. The repurchase program has no expiration date but may be terminated by the Board of Directors.

 

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This excerpt taken from the SWY 10-Q filed Jul 21, 2006.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table contains information for shares repurchased during the second quarter of 2006.

 

Fiscal period

   Total number of
shares
purchased1
   Average price
paid per share2
   Total number of
shares purchased as
part of publicly
announced plans or
programs
   Approximate dollar
value of shares that
may yet be purchased
under the plans or
programs (in millions)3

March 26, 2006 – April 22, 2006

   10,168    $ 25.40    —      $ 565.1

April 23, 2006 – May 20, 2006

   3,514,679      24.10    3,492,500      480.8

May 21, 2006 – June 17, 2006

   2,350,000      23.55    2,350,000      425.4
                       

TOTAL

   5,874,847    $ 23.89    5,842,500    $ 425.4

1 Includes 32,347 shares withheld, at the election of certain holders of restricted stock, by the Company from the vested portion of restricted stock awards with a market value approximating the amount of the withholding taxes due from such restricted stockholders.
2 Average price per share excludes commissions. Average price per share excluding the withheld restricted shares referred to in footnote 1 above was $23.88.
3 In July 2002, the Company announced that its Board of Directors had increased the authorized level of its stock repurchase program to $3.5 billion from the previously announced level of $2.5 billion. From the initiation of the repurchase program in 1999 through the end of the second quarter of 2006, the aggregate cost of shares of common stock repurchased by the Company, including commissions, was approximately $3.1 billion, leaving an authorized amount for repurchases of approximately $425.4 million. Prior to the second quarter of 2006, the Company had last repurchased shares of its common stock under the repurchase program during the fourth quarter of 2002. The repurchase program has no expiration date but may be terminated by the Board of Directors.

 

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SAFEWAY INC. AND SUBSIDIARIES

This excerpt taken from the SWY 10-Q filed Jul 28, 2005.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

The following table contains information for shares repurchased during the second quarter of 2005.

 

Fiscal period


   Total number of
shares purchased 1


   Average price
paid per share


   Total number of
shares purchased as
part of publicly
announced plans or
programs


   Approximate
dollar value of
shares that may
yet be purchased
under the plans
or programs
(in millions)


March 27, 2005 – April 23, 2005

   —      $ —      N/A    $ N/A

April 24, 2005 – May 21, 2005

   17,866      20.64    N/A        N/A

May 22, 2005 – June 18, 2005

   —        —      N/A        N/A
    
  

       

TOTAL

   17,866    $ 20.64    N/A    $ N/A

1 Represents shares withheld by issuer from the vested portion of restricted stock awards with a market value equal to the amount of the withholding taxes due.

 

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