UNH » Topics » Item 2. Issuer Purchases of Equity Securities

This excerpt taken from the UNH 10-Q filed May 11, 2006.

Item 2.    Issuer Purchases of Equity Securities

 

Issuer Purchases of Equity Securities (1)

First Quarter 2006

 

For the Month Ended


   Total Number
of Shares
Purchased


   Average Price
Paid per
Share


   Total Number
of Shares
Purchased as
Part of Publicly
Announced Plans
or Programs


   Maximum
Number of Shares
that may yet be
purchased under
the plans or
programs


January 31, 2006

   11,744,200    $ 59.90    11,744,200    43,800,900

February 28, 2006

   5,964,200    $ 58.58    5,964,200    37,836,700

March 31, 2006

   12,394,100    $ 56.21    12,394,100    25,442,600
    
         
    

TOTAL

   30,102,500    $ 58.12    30,102,500     
    
         
    

(1) In November 1997, the company’s Board of Directors adopted a share repurchase program, which the Board evaluates periodically and renews as necessary. The company announced renewals of the program on November 5, 1998, October 27, 1999, February 14, 2002, October 25, 2002, July 30, 2003, November 4, 2004. On May 2, 2006, the Board renewed the share repurchase program and authorized the company to repurchase up to 140 million shares of the Company’s common stock at prevailing market prices. There is no established expiration date for the program. During the quarter ended March 31, 2006, the company did not repurchase any shares other than through this publicly announced program.

 

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