The changes in capital during 2021 and 2020 break down as follows:
| Increases (reductions) in share capital (in €) |
Share premiums arising on contributions or mergers (in €) |
Number of shares representing the share capital |
|
|---|---|---|---|
| 01/01/2020 | 01/01/2020 Increases (reductions) in share capital (in €)1,513,094,222 |
01/01/2020 Share premiums arising on contributions or mergers (in €)10,982,378,341 |
01/01/2020 Number of shares representing the share capital 605,237,689 |
| Group savings plans | Group savings plans Increases (reductions) in share capital (in €) 7,304,553 |
Group savings plans Share premiums arising on contributions or mergers (in €)239,862,638 |
Group savings plans Number of shares representing the share capital 2,921,821 |
| Payment of dividend in shares | Payment of dividend in shares Increases (reductions) in share capital (in €) 13,399,270 |
Payment of dividend in shares Share premiums arising on contributions or mergers (in €)408,463,347 |
Payment of dividend in shares Number of shares representing the share capital 5,359,708 |
| Cancelled treasury shares | Cancelled treasury shares Increases (reductions) in share capital (in €) (62,500,000) |
Cancelled treasury shares Share premiums arising on contributions or mergers (in €)
|
Cancelled treasury shares Number of shares representing the share capital (25,000,000) |
| 31/12/2020 | 31/12/2020 Increases (reductions) in share capital (in €)1,471,298,045 |
31/12/2020 Share premiums arising on contributions or mergers (in €)11,630,704,326 |
31/12/2020 Number of shares representing the share capital 588,519,218 |
| Group savings plans | Group savings plans Increases (reductions) in share capital (in €) 24,607,895 |
Group savings plans Share premiums arising on contributions or mergers (in €)714,503,451 |
Group savings plans Number of shares representing the share capital 9,843,158 |
| Cancelled treasury shares | Cancelled treasury shares Increases (reductions) in share capital (in €) (15,000,000) |
Cancelled treasury shares Share premiums arising on contributions or mergers (in €)
|
Cancelled treasury shares Number of shares representing the share capital (6,000,000) |
| 31/12/2021 | 31/12/2021 Increases (reductions) in share capital (in €)1,480,905,940 |
31/12/2021 Share premiums arising on contributions or mergers (in €)12,345,207,777 |
31/12/2021 Number of shares representing the share capital 592,362,376 |
Treasury shares held by the Group are booked as a deduction from equity at their cost of acquisition. Any gains or losses connected with the purchase, sale or cancellation of treasury shares are recognised directly in equity without affecting the income statement.
Changes in treasury shares were as follows:
| 2021 | 2020 | |
|---|---|---|
| Number of shares at beginning of period | Number of shares at beginning of period202126,457,495 | Number of shares at beginning of period 2020 50,491,699 |
| Shares repurchased during the period | Shares repurchased during the period 20216,714,354 |
Shares repurchased during the period 2020 3,482,269 |
| Shares granted to employees (2016 performance share plan) | Shares granted to employees (2016 performance share plan) 2021
|
Shares granted to employees (2016 performance share plan) 2020 778 |
| Shares granted to employees (2017 performance share plan) | Shares granted to employees (2017 performance share plan) 2021
|
Shares granted to employees (2017 performance share plan) 2020 (2,139,259) |
| Shares granted to employees (2018 performance share plan) | Shares granted to employees (2018 performance share plan) 2021(1,925,708) |
Shares granted to employees (2018 performance share plan) 2020 (3,130) |
| Shares granted to employees (2019 performance share plan) | Shares granted to employees (2019 performance share plan) 2021(1,615) |
Shares granted to employees (2019 performance share plan) 2020 (2,930) |
| Shares granted to employees (2020 performance share plan) | Shares granted to employees (2020 performance share plan) 2021(1,570) |
Shares granted to employees (2020 performance share plan) 2020 (915) |
| Shares granted to employees (2021 performance share plan) | Shares granted to employees (2021 performance share plan) 2021(875) |
Shares granted to employees (2021 performance share plan) 2020
|
| Delivery of shares in connection with the Castor International plan | Delivery of shares in connection with the Castor International plan 2021(460,298) |
Delivery of shares in connection with the Castor International plan 2020 (371,017) |
| Cancelled treasury shares | Cancelled treasury shares 2021(6,000,000) |
Cancelled treasury shares 2020 (25,000,000) |
| Number of shares at end of period | Number of shares at end of period202124,781,783 | Number of shares at end of period 2020 26,457,495 |
At 31 December 2021, the total number of treasury shares held was 24,781,783. These were recognised as a deduction from consolidated equity for €1,973 million.
A total of 19,389,553 shares are allocated to covering long-term incentive plans and employee share ownership transactions and 5,392,230 are intended to be used as payment in external growth transactions, sold or cancelled.
At 31 December 2021, VINCI SA’s distributable reserves amounted to €31 billion (€29 billion at 31 December 2020) and its statutory reserve to €151 million (€151 million at 31 December 2020).
