Integrated report 2020
Exxaro report selector 2020
Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2020
REPORT SELECTOR
12.2 |
EQUITY |
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12.2.1 ACCOUNTING POLICY RELATING TO SHARE CAPITALWhere any company within the Exxaro group of companies purchase Exxaro shares (treasury shares), the consideration paid, including any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the group's equity holders until the shares are cancelled or reissued. Where such ordinary shares are subsequently reissued, any consideration received, net of any directly attributable incremental costs and the related income tax effects, is included in equity attributable to the group's equity holders. The shares are listed on the JSE, with one vote per share, and shareholders are entitled to dividends declared from time to time. 12.2.2 SHARE CAPITAL
Exxaro's issued ordinary shares, net of treasury shares remained unchanged at 250 936 510. Refer to the notice of the AGM in the summarised group annual financial statements for the year ended 31 December 2020 and notice of the AGM for resolutions pertaining to the unissued ordinary shares under the control of the directors until the forthcoming AGM. Exxaro has no unlisted securities. 12.2.3 SHARE REPURCHASESExxaro had no share repurchase transactions during 2020 nor 2019. |
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