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On March 3, 2015, Keurig Green Mountain, Inc. (the "Company") completed its previously announced repurchase of 5,231,991 shares of its common stock, par value $0.10 (the "Common Stock") from Luigi Lavazza S.p.A. ("Lavazza") for an aggregate purchase price of $623,569,092.14 (the "Share Repurchase"). The price per share of Common Stock for the Share Repurchase was $119.18, which represented a 3.0% discount off the closing price of the Company's Common Stock on February 20, 2015, which was the business day immediately preceding the entry into the stock repurchase agreement between the Company and Lavazza.
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