Stepped up share repurchases in 1Q
Repurchased 18.4 million shares at cost of $994.5 million
- 3.4 million shares from 2003 program
- 15 million from new program Board approved in January
New plan authorizes repurchase over time of 45 million shares
- 12.1% of MHP’s outstanding shares of 372.7 million at end of 2005