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STOCK REPURCHASE PROGRAM AND DIVIDENDS
6 Months Ended
Aug. 04, 2019
STOCK REPURCHASE PROGRAM AND DIVIDENDS
NOTE G. STOCK REPURCHASE PROGRAM AND DIVIDENDS
Stock Repurchase Program
During the thirteen weeks ended August 4, 2019, we repurchased 635,526 shares of our common stock at an average cost of $60.24 per share for a total cost of approximately $
38,283
,000. During the
twenty-six
weeks ended August 4, 2019, we repurchased 1,228,622 shares of our common stock at an average cost of $58.71 per share for a total cost of approximately $
72,131
,000
. As of August 4, 2019, there was $651,685,000 remaining under our current stock repurchase program. As of August 4, 2019, we held treasury stock of $
974
,000 that represents the cost of shares available for issuance that is intended to satisfy future stock-based award settlements in certain foreign jurisdictions.
 
During the thirteen weeks ended July 29, 2018, we repurchased
2,409,437
shares of our common stock at an average cost of $
56.90
per share for a total cost of approximately $
137,105,000
. During the
twenty-six
weeks ended July 29, 2018, we repurchased
3,141,367
shares of our common stock at an average cost of $
55.65
per share for a total cost of approximately $
174,818,000
. In addition, as of July 29, 2018, we held treasury stock of $
258
,000
 that represents the cost of shares available for issuance that is intended to satisfy future stock-based award settlements in certain foreign jurisdictions.
Stock repurchases under our program may be made through open market and privately negotiated transactions at times and in such amounts as management deems appropriate. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, capital availability and other market conditions.
Dividends
We declared cash dividends of $
0.48
and $0.43 per common share during the thirteen weeks ended August 4, 2019 and July 29, 2018, respectively. We declared cash dividends of $0.96 and $0.86 per common share during the
twenty-six
weeks ended August 4, 2019 and July 29, 2018, respectively. Our quarterly cash dividend may be limited or terminated at any time.