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This excerpt taken from the DIS 10-Q filed May 9, 2006. Shareholders’
Equity
The Company declared a $519 million dividend
($0.27 per share) on December 1, 2005 related to
fiscal 2005, which was paid on January 6, 2006 to
shareholders of record on December 12, 2005. The Company
paid a $490 million dividend ($0.24 per share) during
the second quarter of fiscal 2005 related to fiscal 2004.
During the six months ended April 1, 2006, the Company
repurchased 67 million shares of Disney common stock for
approximately $1.7 billion, of which 18 million shares
for approximately $0.5 billion were purchased in the second
quarter. As of April 1, 2006, the Company had authorization
in place to repurchase approximately 382 million additional
shares. The repurchase program does not have an expiration date.
10
Table of Contents
THE WALT DISNEY COMPANY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(unaudited; tabular dollars in millions, except for per share
data)
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