Share capital consists of 557,672,360 shares with a par value of €0.20 at 31 December 2021 following the exercise of subscription options for 52,397 shares, the issue of 5,327 shares for the employee shareholding plan in the UK, 743,056 free shares and the cancellation of 3,000,000 shares.
Share capital consists of 559,871,580 shares with a par value of €0.20 at 31 December 2020 following the exercise of subscription options for 465,796 shares, the issue of 452,979 shares for the employee shareholding plan and 835,600 free shares.
Share capital consisted of 558,117,205 shares with a par value of €0.20 at 31 December 2019, following the exercise of subscription options for 785,408 shares the issue of 8 shares for the employee shareholding plan, 706,262 free shares and the cancellation of 3,771,125 shares.
Treasury shares are recorded at acquisition cost and deducted from equity. Capital gains/losses on disposal of these items net of tax are charged directly to equity and do not contribute to profit for the financial year.
The change in the number of shares in 2021 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2021 | At 01.01.2021Share capital559,871,580 | At 01.01.2021Treasury shares- | At 01.01.2021Common shares outstanding559,871,580 |
| Shares cancelled | Shares cancelledShare capital -3,000,000 |
Shares cancelledTreasury shares 3,000,000 |
Shares cancelledCommon shares outstanding - |
| Options and free shares exercised | Options and free shares exercised Share capital800,780 |
Options and free shares exercised Treasury shares- |
Options and free shares exercised Common shares outstanding800,780 |
| Treasury shares purchased | Treasury shares purchased Share capital- |
Treasury shares purchased Treasury shares-25,260,000 |
Treasury shares purchased Common shares outstanding-25,260,000 |
| AT 31.12.2021 | AT 31.12.2021Share capital557,672,360 | AT 31.12.2021Treasury shares-22,260,000 | AT 31.12.2021Common shares outstanding535,412,360 |
The change in treasury shares in 2021 was as follows:
| In shares | Buyback programme | Allocated to free-share plans | Total | € millions |
|---|---|---|---|---|
| At 01.01.2021 | At 01.01.2021Buyback programme - |
At 01.01.2021Allocated to free-share plans - |
At 01.01.2021 Total - |
At 01.01.2021€ millions - |
| Shares cancelled | Shares cancelled Buyback programme-3,000,000 |
Shares cancelled Allocated to free-share plans- |
Shares cancelled Total -3,000,000 |
Shares cancelled € millions-1,104.8 |
| Options and free shares exercised | Options and free shares exercised Buyback programme- |
Options and free shares exercised Allocated to free-share plans- |
Options and free shares exercised Total - |
Options and free shares exercised € millions- |
| Treasury shares purchased | Treasury shares purchased Buyback programme25,260,000 |
Treasury shares purchased Allocated to free-share plans- |
Treasury shares purchased Total 25,260,000 |
Treasury shares purchased € millions10,045.0 |
| AT 31.12.2021 | AT 31.12.2021Buyback programme22,260,000 | AT 31.12.2021Allocated to free-share plans - |
AT 31.12.2021 Total 22,260,000 |
AT 31.12.2021€ millions8,940.2 |
The change in the number of shares in 2020 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2020 | At 01.01.2020Share capital558,117,205 | At 01.01.2020Treasury shares- | At 01.01.2020Common shares outstanding558,117,205 |
| Shares cancelled | Shares cancelled Share capital- |
Shares cancelled Treasury shares- |
Shares cancelled Common shares outstanding- |
| Options and free shares exercised | Options and free shares exercised Share capital1,754,375 |
Options and free shares exercised Treasury shares- |
Options and free shares exercised Common shares outstanding1,754,375 |
| Treasury shares purchased | Treasury shares purchased Share capital- |
Treasury shares purchased Treasury shares- |
Treasury shares purchased Common shares outstanding- |
| AT 31.12.2020 | AT 31.12.2020Share capital559,871,580 | AT 31.12.2020Treasury shares - |
AT 31.12.2020Common shares outstanding559,871,580 |
