7 Capital and ownership structure Capital stock SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 259 Saint-Gobain treasury shares and acquisition of own shares 1.3 Treasury shares and own shares 1.3.1 At December 31, 2021, Compagnie de Saint-Gobain directly held a total of 2,085,448 treasury shares, i.e. 0.40% of its share capital, with a par value of €4, acquired at an average purchase price of €48.60. The gross book value of treasury shares as at December 31, 2021 was €101,346,131. At that date, it was not holding any treasury shares indirectly. The following table shows, at December 31, 2021, the allocation of treasury shares held directly by Compagnie de Saint-Gobain for purposes of the program authorized by the General Shareholders’ Meeting of June 3, 2021: Objective Number of shares and percentage of share capital Average purchase price (in EUR) Gross book value (in EUR) Coverage of performance share plans and other allocations to employees (including stock options for existing shares) 2,060,971 shares (0.39% of the share capital) €48.47 €99,903,056 Liquidity agreement 24,477 shares (0.0047% of share capital) €58.96 €1,443,075 During the 2021 fiscal year, 904,712 treasury shares were remitted as part of existing performance share plans and 136,972 treasury shares were remitted as part of stock option plans. Pursuant to decisions of the Board of Directors, 5,700,000 shares were canceled on June 11, 2021 and 8,543,174 shares were canceled on November 30, 2021. These share cancellations resulted in share capital reductions of an aggregate face value of €22,800,000 and €34,172,696 respectively.
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