| Called up share capital |
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17. Called up share capital |
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| Called up share capital is the number of shares in issue at their par value. A number of shares were allotted during the year in relation to employee share schemes. Accounting policies Equity instruments issued by the Group are recorded at the amount of the proceeds received, net of direct issuance costs.
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2025 |
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Number |
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€ m |
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Ordinary shares of 20 20 / 21 US cents each allotted, issued and fully paid: 1,2 |
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1 April |
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26,388,285,902 |
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4,319 |
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28,818,683,808 |
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4,797 |
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Allotted during the year |
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495,180 |
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– |
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455,190 |
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– |
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Cancelled during the year |
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(2,060,402,493) |
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(369) |
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(2,430,853,096) |
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(478) |
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31 March |
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| Notes:
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At 31 March 2026, there were 50,000 (2025: 50,000) 7% cumulative fixed rate shares of £1 each in issue. |
| 2. |
At 31 March 2026, the Group held 1,234,199,142 (2025: 1,416,813,312) treasury shares with a nominal value of € 200 million (2025: € 232 million). The market value of shares held was € 1,600 million (2025: € 1,234 million). During the year, 86,121,473 (2025: 99,750,090 ) treasury shares were reissued under Group share schemes and 1,963,879,726 (2025: 2,208,854,544) shares were repurchased under share buy-back arrangements. |
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