Share capital evolution

Ercros' share capital has been reduced by successive amortizations of shares

Between 2017 and 2023

Ercros has executed six capital reductions

Through the amortization of treasury shares, purchased by the Company under successive programmes as a means of shareholder remuneration.

20%

Capital reduction

23 M

Shares redeemed

7 M€

Nominal amount reduced

71 M€

Total disbursement

Publication in the BORME of the 5.34% share capital reduction through the amortization of treasury stock (in Spanish)

Variation in share capital in 2023

As part of the seventh treasury share purchase programmes, on 07-24-2023 it was registered the reduction of its share capital as shown in the table below.

The purchase of the amortization of shares took place between 2022 and 2023 against the profit for the year 2022.

OIR 20220719 Ercros registers in the Mercantile Registry the 4.33% reduction of its share capital through the amortization of treasury stock

Variation in share capital in 2022

As part of the fifth and sixth treasury share buyback programmes, the reduction in Ercros' share capital was recorded on 11-07-2022 as shown in the table below.

The purchase of the redeemed shares took place between 2021 and 2022 against the profit for the year 2021.

Variation in share capital in 2021

In the financial year 2021 there were no movements in share capital associated with the repurchase and redemption of treasury shares provided for in the shareholder remuneration policy, as not all the requirements for shareholder remuneration were met in 2020.

OIR 20200728 Ercros registers in the Mercantile Registry the reduction of 3.76% of its share capital through the amortization of treasury stock

Variation in share capital in 2020

As part of the fifth treasury share buyback programme, the reduction in Ercros' share capital was recorded on 20-07-2020, as shown in the table below.

The purchase of the redeemed shares was made in 2020 out of the profit for the financial year 2019.

OIR 20190910 Ercros registers in the Mercantile Registry the reduction of 2.75% of its share capital through the amortization of treasury stock

Variation in share capital in 2019

As part of the third and fourth treasury share buyback programmes, the reduction of Ercros' share capital was recorded on 23-08-2019 as shown in the table below.

The purchase of the redeemed shares was made between 2018 and 2019 out of the profit for 2018.

OIR 20180726 Ercros registers in the Mercantile Registry the reduction of 2.80% of its share capital through the amortization of treasury stock

Variation in share capital in 2018

As part of the second and third treasury share buyback programmes, the reduction in Ercros' share capital was recorded on 24-07-2018, as shown in the table below.

The purchase of the redeemed shares took place between 2017 and 2018, with a charge to the profit for 2017.

OIR 20170728 Ercros registers the reduction of 2.72% of its share capital

Variation in share capital in 2017

As part of the first share buyback programme, the reduction in Ercros' share capital shown in the table below was recorded on 27-07-2017.

The purchase of the redeemed shares was made in 2017, with a charge to the profit for 2016.

Summary of the evolution of the share capital

All transactions relating to the share capital carried out by Ercros since 2005. To view transactions from earlier dates, please consult the CNMV website.

 

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