Financial report context:
five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 . the graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2011 and that all dividends were reinvested . the information below is historical in nature and is not necessarily indicative of future performance . purchases of equity securities 2013 during 2016 , we repurchased 35686529 shares of our common stock at an average price of $ 88.36 . the following table presents common stock repurchases during each month for the fourth quarter of 2016 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .

Financial table:
period: oct . 1 through oct . 31; total number of shares purchased [a]: 3501308; average price paid per share: $ 92.89; total number of shares purchased as part of a publicly announcedplan or program [b]: 3452500; maximum number of shares remaining under the plan or program [b]: 23769426
period: nov . 1 through nov . 30; total number of shares purchased [a]: 2901167; average price paid per share: 95.68; total number of shares purchased as part of a publicly announcedplan or program [b]: 2876067; maximum number of shares remaining under the plan or program [b]: 20893359
period: dec . 1 through dec . 31; total number of shares purchased [a]: 3296652; average price paid per share: 104.30; total number of shares purchased as part of a publicly announcedplan or program [b]: 3296100; maximum number of shares remaining under the plan or program [b]: 17597259
period: total; total number of shares purchased [a]: 9699127; average price paid per share: $ 97.60; total number of shares purchased as part of a publicly announcedplan or program [b]: 9624667; maximum number of shares remaining under the plan or program [b]: n/a

Additional report context:
[a] total number of shares purchased during the quarter includes approximately 74460 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares . [b] effective january 1 , 2014 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2017 . these repurchases may be made on the open market or through other transactions . our management has sole discretion with respect to determining the timing and amount of these transactions . on november 17 , 2016 , our board of directors approved the early renewal of the share repurchase program , authorizing the repurchase of up to 120 million shares of our common stock by december 31 , 2020 . the new authorization was effective january 1 , 2017 , and replaces the previous authorization , which expired on december 31 , 2016. .

Question: what percentage of the total number of shares purchased were purchased in december?
Answer: 34%