Common Stock Repurchases
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3 Months Ended |
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Mar. 30, 2013
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Common Stock Repurchases [Abstract] | |
Common Stock Repurchases [Text Block] |
Note 12: Common Stock Repurchases
Common Stock Repurchase Program
We have an ongoing authorization, since October 2005, as amended, from our Board of Directors to repurchase up to $45 billion in shares of our common stock in open market purchases or negotiated transactions. As of March 30, 2013, $4.8 billion remained available for repurchase under the existing repurchase authorization limit. During the first three months of 2013, we repurchased 25.2 million shares of common stock at a cost of $533 million (56.9 million shares of common stock at a cost of $1.5 billion in the first three months of 2012). We have repurchased 4.3 billion shares at a cost of $89 billion since the program began in 1990.
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- Details
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- Definition
Common Stock Repurchases. No definition available.
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