PART II
| ITEM 5. | MARKET FOR THE REGISTRANT’S COMMON STOCK, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES |
Information on the market for our common stock, number of share
owners and dividends is located in Note 13 within Notes to
the Consolidated Financial Statements, which are included herein
under Part II, Item 8.
The following table provides information with respect to
acquisitions by us of our shares of common stock during the
quarter ended December 29, 2007.
Issuer Purchases
of Equity Securities
| (millions, except per share data) | ||||||||||||||||
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(d) |
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(c) |
Approximate |
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Total number of |
dollar value of |
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(a) |
(b) |
shares purchased |
shares that may |
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Total number |
Average |
as part of publicly |
yet be purchased |
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of shares |
price paid |
announced |
under the plans |
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| Period | purchased | per share | plans or programs | or programs | ||||||||||||
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Month #1: 09/30/07-10/27/07
|
.2 | $ | 55.74 | .2 | $ | 221 | ||||||||||
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Month #2: 10/28/07-11/24/07
|
3.8 | $ | 52.39 | 3.8 | $ | 24 | ||||||||||
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Month #3: 11/25/07-12/29/07
|
.5 | $ | 53.18 | .5 | — | |||||||||||
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Total (1)
|
4.5 | $ | 52.64 | 4.5 | ||||||||||||
| (1) | Shares included in the preceding table were purchased as part of publicly announced plans or programs, as follows: |
| a) | Approximately 4.4 million shares were purchased during the fourth quarter of 2007 under a program authorized by our Board of Directors to repurchase up to $650 million of Kellogg common stock during 2007 for general corporate purposes and to offset issuances for employee benefit programs. This repurchase program was publicly announced in a press release on December 11, 2006. On October 26, 2007, our Board of Directors authorized a stock repurchase program of up to $650 million for 2008, which was publicly announced in a press release on October 29, 2007. |
| b) | Approximately .1 million shares were purchased during the fourth quarter of 2007 from employees and directors in stock swap and similar transactions pursuant to various shareholder-approved equity-based compensation plans described within Notes to the Consolidated Financial Statements, which are included herein under Part II, Item 8. |
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