| |
2006
Million |
2005
Million |
2006
£m |
2005
£m |
| Authorised |
|
|
|
|
| Ordinary shares of 2p each |
1,000.0 |
1,000.0 |
20.0 |
20.0 |
| Allotted, called up and fully paid |
|
|
|
|
| Ordinary shares of 2p each |
|
|
|
|
| At 1 January |
671.0 |
670.9 |
13.4 |
13.4 |
| Shares repurchased |
(52.9) |
(5.0) |
(1.1) |
(0.1) |
| Issued on exercise of share options |
16.4 |
5.0 |
0.4 |
0.1 |
| Issued on acquisition of subsidiary undertaking |
- |
0.1 |
- |
- |
| Treasury shares cancelled |
(16.9) |
- |
(0.4) |
- |
| At 31 December |
617.6 |
671.0 |
12.3 |
13.4 |
During the year the Group repurchased 52.9m ordinary 2p shares with an aggregate nominal value of £1.1m at a total cost of £244.9m for which it paid cash at an average cost per share of £4.64. These shares were cancelled.
During the year 16.4m ordinary 2p shares with an aggregate nominal value of £0.4m were issued under share option schemes for a total consideration of £50.4m.
| |
2006
Million |
2005
Million |
2006
£m |
2005
£m |
| Ordinary shares of 2p each |
|
|
|
|
| At 1 January |
16.9 |
8.6 |
0.4 |
0.2 |
| Shares repurchased |
- |
8.3 |
- |
0.2 |
| Share cancelled |
(16.9) |
- |
(0.4) |
- |
| At 31 December |
- |
16.9 |
- |
0.4 |
During the year the company cancelled the shares held in treasury.
The Group has an unexpired authority to repurchase up to 10% of its issued share capital.