The table below shows the breakdown of and change in shares of paid-in capital and the reconciliation of balances at the beginning and end of the period:
12/31/2017 | ||||||||||||||||
Number | ||||||||||||||||
Common | Preferred | Total | Amount | |||||||||||||
Residents in Brazil at 12/31/2016 |
3,335,350,311 | 1,104,963,731 | 4,440,314,042 | |||||||||||||
Residents abroad at 12/31/2016 |
16,393,906 | 2,125,599,595 | 2,141,993,501 | |||||||||||||
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Shares of capital stock at 12/31/2016 |
3,351,744,217 | 3,230,563,326 | 6,582,307,543 | |||||||||||||
(-) Cancellation of Shares – Meeting of the Board of Directors December 15, 2017 |
(31,793,105 | ) | — | (31,793,105 | ) | |||||||||||
Shares of capital stock at 12/31/2017 |
3,319,951,112 | 3,230,563,326 | 6,550,514,438 | |||||||||||||
Residents in Brazil at 12/31/2017 |
3,299,073,506 | 1,116,291,341 | 4,415,364,847 | |||||||||||||
Residents abroad at 12/31/2017 |
20,877,606 | 2,114,271,985 | 2,135,149,591 | |||||||||||||
Treasury shares at 12/31/2016 (1) |
3,074 | 69,604,462 | 69,607,536 | (1,882 | ) | |||||||||||
Purchase of shares |
46,214,237 | 37,982,900 | 84,197,137 | (3,089 | ) | |||||||||||
Exercised options – granting of stock options |
— | (28,008,923 | ) | (28,008,923 | ) | 728 | ||||||||||
Disposals – stock option plan |
— | (8,118,725 | ) | (8,118,725 | ) | 322 | ||||||||||
(-) Cancellation of Shares – Meeting of the Board of Directors December 15, 2017 |
(31,793,105 | ) | — | (31,793,105 | ) | 1,178 | ||||||||||
Treasury shares at 12/31/2017 (1) |
14,424,206 | 71,459,714 | 85,883,920 | (2,743 | ) | |||||||||||
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Outstanding shares at 12/31/2017 |
3,305,526,906 | 3,159,103,612 | 6,464,630,518 | |||||||||||||
Outstanding shares at 12/31/2016 |
3,351,741,143 | 3,160,958,864 | 6,512,700,007 | |||||||||||||
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12/31/2016 | ||||||||||||||||
Number | ||||||||||||||||
Common | Preferred | Total | Amount | |||||||||||||
Residents in Brazil at 12/31/2015 |
3,033,657,386 | 1,130,776,196 | 4,164,433,582 | |||||||||||||
Residents abroad at 12/31/2015 |
13,382,812 | 1,906,099,555 | 1,919,482,367 | |||||||||||||
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Shares of capital stock at 12/31/2015 |
3,047,040,198 | 3,036,875,751 | 6,083,915,949 | |||||||||||||
(-) Cancellation of shares—ESM of April 27, 2016 – Approved on June 7, 2016 |
— | (100,000,000 | ) | (100,000,000 | ) | |||||||||||
Bonus Shares—ESM of 09/14/2016—Carried out at 09/23/2016 |
304,704,019 | 293,687,575 | 598,391,594 | |||||||||||||
Shares of capital stock at 12/31/2016 |
3,351,744,217 | 3,230,563,326 | 6,582,307,543 | |||||||||||||
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Residents in Brazil at 12/31/2016 |
3,335,350,311 | 1,104,963,731 | 4,440,314,042 | |||||||||||||
Residents abroad at 12/31/2016 |
16,393,906 | 2,125,599,595 | 2,141,993,501 | |||||||||||||
Treasury shares at 12/31/2015 (1) |
2,795 | 162,562,650 | 162,565,445 | (4,353 | ) | |||||||||||
Purchase of shares |
— | 30,640,000 | 30,640,000 | (947 | ) | |||||||||||
Exercised options—granting of stock options |
— | (19,931,626 | ) | (19,931,626 | ) | 315 | ||||||||||
Disposals – stock option plan |
— | (8,293,957 | ) | (8,293,957 | ) | 433 | ||||||||||
(-) Cancellation of shares—ESM of April 27, 2016 – Approved on June 7, 2016 |
— | (100,000,000 | ) | (100,000,000 | ) | 2,670 | ||||||||||
Bonus Shares—ESM of 09/14/2016—Carried out at 09/23/2016 |
279 | 4,627,395 | 4,627,674 | — | ||||||||||||
Treasury shares at 12/31/2016 (1) |
3,074 | 69,604,462 | 69,607,536 | (1,882 | ) | |||||||||||
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Outstanding shares at 12/31/2016 |
3,351,741,143 | 3,160,958,864 | 6,512,700,007 | |||||||||||||
Outstanding shares at 12/31/2015 (2) |
3,351,741,143 | 3,161,744,411 | 6,513,485,554 | |||||||||||||
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(1) | Own shares, purchased based on authorization of the Board of Directors, to be held in Treasury for subsequent cancellation of replacement in the market. |
(2) | For better comparability, outstanding shares were adjusted to reflect the bonuses of 09/23/2016. |