Accounting principles
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.
a) 2024
The change in the number of shares in 2024 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2024 | At 01.01.2024 Share capital 534,725,475 |
At 01.01.2024 Treasury shares — |
At 01.01.2024 Common shares outstanding 534,725,475 |
| Shares cancelled | Shares cancelled Share capital (1,308,557) |
Shares cancelled Treasury shares 1,308,557 |
Shares cancelled Common shares outstanding — |
| Options and free shares exercised | Options and free shares exercised Share capital 895,103 |
Options and free shares exercised Treasury shares — |
Options and free shares exercised Common shares outstanding 895,103 |
| Treasury shares purchased | Treasury shares purchased Share capital — |
Treasury shares purchased Treasury shares (1,308,557) |
Treasury shares purchased Common shares outstanding (1,308,557) |
| AT 31.12.2024 | AT 31.12.2024 Share capital 534,312,021 |
AT 31.12.2024 Treasury shares — |
AT 31.12.2024 Common shares outstanding 534,312,021 |
The change in treasury shares in 2024 was as follows:
| In shares | Buyback programme | Allocated to free-share plans | Total | € millions |
|---|---|---|---|---|
| At 01.01.2024 | At 01.01.2024 Buyback programme — |
At 01.01.2024 Allocated to free-shareplans — |
At 01.01.2024 Total — |
At 01.01.2024 € millions — |
| Shares cancelled | Shares cancelled Buyback programme (1,308,557) |
Shares cancelled Allocated to free-shareplans — |
Shares cancelled Total (1,308,557) |
Shares cancelled € millions (497.5) |
| Options and free shares exercised | Options and free shares exercised Buyback programme — |
Options and free shares exercised Allocated to free-shareplans — |
Options and free shares exercised Total — |
Options and free shares exercised € millions — |
| Treasury shares purchased | Treasury shares purchased Buyback programme 1,308,557 |
Treasury shares purchased Allocated to free-shareplans — |
Treasury shares purchased Total 1,308,557 |
Treasury shares purchased € millions 497.5 |
| AT 31.12.2024 | AT 31.12.2024 Buyback programme — |
AT 31.12.2024 Allocated to free-shareplans — |
AT 31.12.2024 Total — |
AT 31.12.2024 € millions — |
b) 2023
The change in the number of shares in 2023 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2023 | At 01.01.2023 Share capital 535,186,562 |
At 01.01.2023 Treasury shares — |
At 01.01.2023 Common shares outstanding 535,186,562 |
| Shares cancelled | Shares cancelled Share capital (1,271,632) |
Shares cancelled Treasury shares 1,271,632 |
Shares cancelled Common shares outstanding — |
| Options and free shares exercised | Options and free shares exercised Share capital 810,545 |
Options and free shares exercised Treasury shares — |
Options and free shares exercised Common shares outstanding 810,545 |
| Treasury shares purchased | Treasury shares purchased Share capital — |
Treasury shares purchased Treasury shares (1,271,632) |
Treasury shares purchased Common shares outstanding (1,271,632) |
| AT 31.12.2023 | AT 31.12.2023 Share capital 534,725,475 |
AT 31.12.2023 Treasury shares — |
AT 31.12.2023 Common shares outstanding 534,725,475 |
The change in treasury shares in 2023 was as follows:
| In shares | Buyback programme | Allocated to free-share plans | Total | € millions |
|---|---|---|---|---|
| At 01.01.2023 | At 01.01.2023 Buyback programme — |
At 01.01.2023 Allocated to free-shareplans — |
At 01.01.2023 Total — |
At 01.01.2023 € millions — |
| Shares cancelled | Shares cancelled Buyback programme (1,271,632) |
Shares cancelled Allocated to free-shareplans — |
Shares cancelled Total (1,271,632) |
Shares cancelled € millions (503.3) |
| Options and free shares exercised | Options and free shares exercised Buyback programme — |
Options and free shares exercised Allocated to free-shareplans — |
Options and free shares exercised Total — |
Options and free shares exercised € millions — |
| Treasury shares purchased | Treasury shares purchased Buyback programme 1,271,632 |
Treasury shares purchased Allocated to free-shareplans — |
Treasury shares purchased Total 1,271,632 |
Treasury shares purchased € millions 503.3 |
| AT 31.12.2023 | AT 31.12.2023 Buyback programme — |
AT 31.12.2023 Allocated to free-shareplans — |
AT 31.12.2023 Total — |
AT 31.12.2023 € millions — |
