Merck & Co. Inc. | 2013 | FY | 3


A summary of common stock and treasury stock transactions (shares in millions) is as follows:
 
2013
 
2012
 
2011
  
Common
Stock
 
Treasury
Stock
 
Common
Stock
 
Treasury
Stock
 
Common
Stock
 
Treasury
Stock
Balance January 1
3,577

 
550

 
3,577

 
536

 
3,577

 
495

Purchases of treasury stock (1)

 
139

 

 
62

 

 
58

Issuances (2) 

 
(39
)
 

 
(48
)
 

 
(17
)
Balance December 31
3,577

 
650

 
3,577

 
550

 
3,577

 
536

(1)  
Purchases of treasury stock in 2013 include 105 million shares purchased pursuant to an accelerated share repurchase agreement as discussed below.
(2)  
Issuances primarily reflect activity under share-based compensation plans.

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