Where 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.
| Group | Company | ||||
| At 31 December | 2023 Rm |
2022 Rm |
2023 Rm |
2022 Rm |
|
| Authorised | |||||
| 500 000 000 (2022: 500 000 000) ordinary shares of R0.01 each1 | 5 | 5 | 5 | 5 | |
| Issued and fully paid | |||||
| 349 305 092 (2022: 349 305 092) ordinary shares of R0.01 each | 3 | 3 | 3 | 3 | |
| Share premium | 11 224 | 11 224 | 11 224 | 11 224 | |
| Treasury shares held by Eyesizwe | (10 242) | (10 242) | |||
| Treasury shares held by Kumba Resources Management Share Trust | (2) | (2) | |||
| Total share capital | 983 | 983 | 11 227 | 11 227 | |
| 1 Authorised unissued ordinary shares at year end (number of shares) | 150 694 908 | 150 694 908 | |||
| Group | ||
| Number of shares | ||
| Treasury shares in issue | 2023 | 2022 |
| Held by Kumba Resources Management Share Trust | 158 218 | 158 218 |
|---|---|---|
| Held by Eyesizwe | 107 612 026 | 107 612 026 |
| Treasury shares in issue at end of the year | 107 770 244 | 107 770 244 |
Exxaro's issued ordinary shares, net of treasury shares were 241 534 848 on 31 December 2023 (2022: 241 534 848).
Refer to the 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.
Exxaro had no share repurchase transactions during 2023 nor 2022.
IR