12 Share capital and share premium account.


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Authorised share capital

2009
Number of shares

2009
£m

2008
£m

At 31 December: ordinary shares of 2.5p each

9,200,000,000

230

230

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Issued share capital, fully paid

Number of shares

Called up
share capital
£m

Share premium account
£m

1.

During 2008, 449,891,914 shares were repurchased and cancelled under the share buyback programme representing 7.1% of opening issued share capital, at a cost of £523m including expenses.

As at 1 January 2009

5,861,627,994

147

936

Cancellation of shares under the share buyback programme1

Options exercised under share option schemes

 

 

 

– Executive share option scheme

20,000

 

– Savings related share option scheme

568,786

As at 31 December 2009

5,862,216,780

147

936

 

 

 

 

Issued share capital, fully paid

Number of shares

Called up
share capital
£m

Share premium account
£m

As at 1 January 2008

6,296,321,160

157

927

Cancellation of shares under the share buyback programme1

(449,891,914)

(11)

Options exercised under share option schemes

 

 

 

– Executive share option scheme

640,846

1

– Savings related share option scheme

14,557,902

1

8

As at 31 December 2008

5,861,627,994

147

936

Options over the ordinary share capital of the Company are disclosed in Note 15 of the Group’s consolidated financial statements.

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