The changes in capital during 2022 and 2021 break down as follows:
| Increases (reductions)in share capital | Share premiums arising on contributions or mergers | Number of shares representing the share capital | |
|---|---|---|---|
| 01/01/2021 | 01/01/2021 Increases (reductions)in share capital 1,471,298,045 |
01/01/2021 Share premiums arising on contributions or mergers 11,630,704,326 |
01/01/2021 Number of shares representing the share capital 588,519,218 |
| Group savings plans | Group savings plans Increases (reductions)in share capital 24,607,895 |
Group savings plans Share premiums arising on contributions or mergers 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 (15,000,000) |
Cancelled treasury shares Share premiums arising on contributions or mergers
|
Cancelled treasury shares Number of shares representing the share capital (6,000,000) |
| 31/12/2021 | 31/12/2021 Increases (reductions)in share capital 1,480,905,940 |
31/12/2021 Share premiums arising on contributions or mergers 12,345,207,777 |
31/12/2021 Number of shares representing the share capital 592,362,376 |
| Group savings plans | Group savings plans Increases (reductions)in share capital 14,062,385 |
Group savings plans Share premiums arising on contributions or mergers 476,715,186 |
Group savings plans Number of shares representing the share capital 5,624,954 |
| Cancelled treasury shares | Cancelled treasury shares Increases (reductions)in share capital (21,500,000) |
Cancelled treasury shares Share premiums arising on contributions or mergers
|
Cancelled treasury shares Number of shares representing the share capital (8,600,000) |
| 31/12/2022 | 31/12/2022 Increases (reductions)in share capital 1,473,468,325 |
31/12/2022 Share premiums arising on contributions or mergers 12,821,922,963 |
31/12/2022 Number of shares representing the share capital 589,387,330 |
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:
| 2022 | 2021 | |
|---|---|---|
| Number of shares at beginning of period | Number of shares at beginning of period202224,781,783 | Number of shares at beginning of period 2021 26,457,495 |
| Shares repurchased during the period | Shares repurchased during the period 202211,949,984 |
Shares repurchased during the period 2021 6,714,354 |
| Shares granted to employees (2018 performance share plan) | Shares granted to employees (2018 performance share plan) 2022
|
Shares granted to employees (2018 performance share plan) 2021 (1,925,708) |
| Shares granted to employees (2019 performance share plan) | Shares granted to employees (2019 performance share plan) 2022(1,821,638) |
Shares granted to employees (2019 performance share plan) 2021 (1,615) |
| Shares granted to employees (2020 performance share plan) | Shares granted to employees (2020 performance share plan) 2022(2,135) |
Shares granted to employees (2020 performance share plan) 2021 (1,570) |
| Shares granted to employees (2021 performance share plan) | Shares granted to employees (2021 performance share plan) 2022(1,700) |
Shares granted to employees (2021 performance share plan) 2021 (875) |
| Shares granted to employees (2022 performance share plan) | Shares granted to employees (2022 performance share plan) 2022(750) |
Shares granted to employees (2022 performance share plan) 2021
|
| Delivery of shares in connection with the Castor International plan | Delivery of shares in connection with the Castor International plan 2022(514,735) |
Delivery of shares in connection with the Castor International plan 2021 (460,298) |
| Cancelled treasury shares | Cancelled treasury shares 2022(8,600,000) |
Cancelled treasury shares 2021 (6,000,000) |
| Number of shares at end of period | Number of shares at end of period202225,790,809 | Number of shares at end of period 2021 24,781,783 |
At 31 December 2022, the total number of treasury shares held was 25,790,809. These were recognised as a deduction from consolidated equity for €2,088 million.
A total of 17,048,595 shares are allocated to covering long-term incentive plans and employee share ownership transactions and 8,742,214 are intended to be either exchanged in connection with acquisitions, sold or cancelled.
At 31 December 2022, VINCI SA’s distributable reserves amounted to €31 billion (€31 billion at 31 December 2021) and its statutory reserve to €151 million (€151 million at 31 December 2021).
