Common Stock Repurchases
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3 Months Ended |
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Mar. 31, 2012
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Common Stock Repurchases [Abstract] | |
Common Stock Repurchases [Text Block] |
Note 17: 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 or negotiated transactions. As of March 31, 2012, $8.6 billion remained available for repurchase under the existing repurchase authorization limit. During the first quarter of 2012, we repurchased 56.9 million shares of common stock at a cost of $1.5 billion. During the first quarter of 2011, we repurchased 189.1 million shares of common stock at a cost of $4.0 billion. We have repurchased 4.1 billion shares at a cost of $86 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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