Share capital
| Share capital and shares, 31 Dec 2010 | |
| Share capital (EUR): | 146,446,888 |
| Number of shares: | 73,206,944 |
Changes in share capital in 2004 - 2010
| Date | Cause | Change, EUR | Share capital, EUR | No. of shares |
| 7 May 2007 | Reduction(invalidation of own shares) | - | 146,446,888 | 73,206,944 |
| 16 March 2006 | Reduction(invalidation of own shares) | 2,320,000 | 146,446,888 | 73,223,444 |
| 15 March 2005 | Reduction(invalidation of own shares) | 874,000 | 148,766,888 | 74,383,444 |
| 19 Nov 2004 | Increase(bonus issue 1:1) | 74,820,444 | 149,640,888 | 74,820,444 |
| 23 Sept 2004 | Increase(stock options) | 348,000 | 74,820,444 | 37,410,222 |
| 28 April 2004 | Increase(stock options) | 216,000 | 74,472,444 | 37,236,222 |
| 22 March 2004 | Reduction(invalidation of own shares) | 1,120,000 | 74,256,444 | 37,128,222 |
| 19 Jan 2004 | Increase(stock options) | 542,000 | 75,376,444 | 37,688,222 |
| 1 Jan 2004 | 74,834,444 | 37,417,222 |
Board authorisations
The AGM, held on 15 March 2011, gave the Board of Directors the following authorisations:
Repurchase of own shares: The Board may buy back the corporation's own shares, on one or more occasion, using distributable earnings from unrestricted equity. The authorisation is for a maximum of 3.5 million shares, representing ca 4.8 per cent of the total number of the shares. The Board shall decide on the conditions of the repurchase. The authorisation is valid until the end of the next annual general meeting, however, not later than 18 months from the date of the general meeting.
New share issue: The Board is entitled to issue a maximum of 7.2 million new shares, amounting to 9.8 per cent of the total number of the shares. The Board is authorised to define all the conditions of the share issue. The authorisation is valid until the end of the next annual general meeting.
Own shares
The company currently holds 160,000 of its own shares, which were acquired during November - December 2008.