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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Common Stock Activity

Common stock activity is as follows:

 

 

 

Nine months Ended

 

 

 

September 30, 2017

 

Actual number of shares of common stock outstanding

 

 

 

 

Beginning of period

 

 

357,465,614

 

Shares of common stock issued through compensation plans

 

 

1,222,481

 

Employee benefit trust activity

 

 

230,491

 

Repurchases of common stock

 

 

(2,750,586

)

End of period

 

 

356,168,000

 

 

Summary of Dividends Declared on Nielsen's Common Stock

The below table summarizes the dividends declared on Nielsen’s common stock during 2016 and the nine months ended September 30, 2017.

 

Declaration Date

 

Record Date

 

Payment Date

 

Dividend Per Share

 

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

 

February 16, 2017

 

March 2, 2017

 

March 16, 2017

 

$

0.31

 

April 24, 2017

 

June 2, 2017

 

June 16, 2017

 

$

0.34

 

July 20, 2017

 

August 24, 2017

 

September 7, 2017

 

$

0.34

 

 

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 nine months ended September 30, 2017 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, 2016

 

 

33,837,526

 

 

$

46.16

 

 

 

33,837,526

 

 

$

437,970,016

 

2017 Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1- 31

 

 

 

$

 

 

 

 

$

437,970,016

 

February 1- 28

 

 

564,623

 

 

$

45.30

 

 

 

564,623

 

 

$

412,392,848

 

March 1- 31

 

 

365,228

 

 

$

45.15

 

 

 

365,228

 

 

$

395,903,537

 

April 1-30

 

 

 

 

$

 

 

 

 

 

$

395,903,537

 

May 1-31

 

 

1,020,212

 

 

$

40.65

 

 

 

1,020,212

 

 

$

354,426,944

 

June 1-30

 

 

 

 

$

 

 

 

 

 

$

354,426,944

 

July 1-31

 

 

 

 

$

 

 

 

 

 

$

354,426,944

 

August 1-31

 

 

698,062

 

 

$

41.77

 

 

 

698,062

 

 

$

325,268,111

 

September 1-30

 

 

102,461

 

 

$

39.25

 

 

 

102,461

 

 

$

321,246,116

 

Total

 

 

36,588,112

 

 

$

45.88

 

 

 

36,588,112