3.21. Share capital
The common shares and preferred shares are classified in net equity.
Incremental costs directly attributable to the issue of new shares are shown in equity as a deduction of the value entered, net of taxes.
When the Company purchases its own shares (treasury shares), the amount paid, including any directly attributable incremental costs (net of income taxes), is deducted from the shareholders’ equity of the Company until the shares are cancelled or reissued. When these shares are subsequently reissued, any value received, net of any additional costs of the transaction, directly attributable and the respective effects of the income tax and social contribution, is included in shareholders’ equity of the Company.