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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Common Stock Activity

Common stock activity is as follows:

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Actual number of shares of common stock outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Beginning of period

 

 

362,338,369

 

 

 

372,757,598

 

 

 

378,635,464

 

Shares of common stock issued through business combinations

 

 

 

 

 

52,698

 

 

 

75,083

 

Shares of common stock issued through compensation plans

 

 

3,482,699

 

 

 

4,107,501

 

 

 

4,940,195

 

Shares held for stock compensation plans

 

 

(280,339

)

 

 

 

 

 

 

Repurchases of common stock

 

 

(8,075,115

)

 

 

(14,579,428

)

 

 

(10,893,144

)

End of period

 

 

357,465,614

 

 

 

362,338,369

 

 

 

372,757,598

 

 

Summary of Dividends Declared on Nielsen's Common Stock

The following table represents the cash dividends declared by the Board and paid for the years ended December 31, 2015 and 2016, respectively.

  

Declaration Date

 

Record Date

 

Payment Date

 

Dividend Per Share

 

February 19, 2015

 

March 5, 2015

 

March 19, 2015

 

$

0.25

 

April 20, 2015

 

June 4, 2015

 

June 18, 2015

 

$

0.28

 

July 23, 2015

 

August 27, 2015

 

September 10, 2015

 

$

0.28

 

October 29, 2015

 

November 24, 2015

 

December 8, 2015

 

$

0.28

 

February 18, 2016

 

March 3, 2016

 

March 17, 2016

 

$

0.28

 

April 19, 2016

 

June 2, 2016

 

June 16, 2016

 

$

0.31

 

July 21, 2016

 

August 25, 2016

 

September 8, 2016

 

$

0.31

 

October 20, 2016

 

November 22, 2016

 

December 6, 2016

 

$

0.31

 

 

Summary of Approved Authorized Shares for Repurchase

 

Board Approval

 

Share

Repurchase

Authorization

($ in millions)

July 25, 2013

 

$

500

October 23, 2014

 

$

1,000

December 11, 2015

  

$

500

Total Share Repurchase Authorization

  

$

2,000

 

Summary of Open Market Share Repurchases Activity

The activity for the year ended December 31, 2016 consisted of open market share repurchases and is summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

Total Number of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares Purchased as

 

 

Dollar Value of Shares

 

 

 

Total Number

 

 

Average

 

 

Part of Publicly

 

 

that may yet be

 

 

 

of Shares

 

 

Price Paid

 

 

Announced Plans

 

 

Purchased under the

 

Period

 

Purchased

 

 

per Share

 

 

or Programs

 

 

Plans or Programs

 

As of December 31, 2015

 

 

25,762,411

 

 

$

44.43

 

 

 

25,762,411

 

 

$

855,495,985

 

2016 Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1- 31

 

 

628,054

 

 

$

45.62

 

 

 

628,054

 

 

$

826,841,315

 

February 1- 28

 

 

687,473

 

 

$

47.41

 

 

 

687,473

 

 

$

794,246,197

 

March 1- 31

 

 

429,617

 

 

$

51.48

 

 

 

429,617

 

 

$

772,128,085

 

April 1-30

 

 

1,368,352

 

 

$

52.91

 

 

 

1,368,352

 

 

$

699,730,694

 

May 1-31

 

 

1,320,614

 

 

$

52.23

 

 

 

1,320,614

 

 

$

630,761,673

 

June 1-30

 

 

1,478,685

 

 

$

53.84

 

 

 

1,478,685

 

 

$

551,145,264

 

July 1-31

 

 

1,286,936

 

 

$

53.66

 

 

 

1,286,936

 

 

$

482,094,449

 

August 1-31

 

 

224,800

 

 

$

53.61

 

 

 

224,800

 

 

$

470,042,455

 

September 1-30

 

 

183,968

 

 

$

53.01

 

 

 

183,968

 

 

$

460,290,434

 

October 1-31

 

 

139,937

 

 

$

51.73

 

 

 

139,937

 

 

$

453,051,573

 

November 1-30

 

 

326,679

 

 

$

46.17

 

 

 

326,679

 

 

$

437,970,016

 

December 1-31

 

 

 

 

$

 

 

 

 

 

$

437,970,016

 

Total

 

 

33,837,526

 

 

$

46.16

 

 

 

33,837,526