MD&A and Financial Statements (PDF) - Banco Itaú

NOTE 16 – STOCKHOLDERS’ EQUITY
a) Shares
Capital comprises 4,570,936,219 book-entry shares with no par value, of which 2,289,286,475 are common and
2,281,649,744 are preferred shares without voting rights, but with tag-along rights, in the event of the public offer of common
shares, at a price equal to 80% of the amount paid per share with voting rights in the controlling stake, as well as a dividend
at least equal to that of the common shares. Capital stock amounts to R$ 45,000,000 (R$ 45,000,000 at 09/30/2009), of
which R$ 31,376,430 (R$ 36,147,186 at 09/30/2009) refers to stockholders domiciled in the country and R$ 13,623,570 (R$
8,852,814 at 09/30/2009) refers to stockholders domiciled abroad.
The table below shows the change in shares of capital stock and treasury shares during the period:
NUMBER
Common Preferred Total
Amount
Shares of capital stock at 12/31/2009 and 09/30/2010
2,289,286,475 2,281,649,744 4,570,936,219
Treasury shares at December 31, 2009 (*)
2,202 43,588,307 43,590,509 (1,031,327)
Exercised options - Granting of stock options – Simple and Bonus optio - (9,473,815) (9,473,815) 224,152
Disposals – stock option plan - (3,643,051) (3,643,051) 86,195
Treasury shares at September 30, 2010 (*)
Outstanding shares at 09/30/2010
2,202 30,471,441 30,473,643 (720,980)
2,289,284,273 2,251,178,303 4,540,462,576
Outstanding shares at 09/30/2009
2,289,284,273 2,234,474,318 4,523,758,591
(*) Own shares, purchased based on authorization of the Board of Directors, to be held in Treasury for subsequent cancellation of replacement in the
market.
We detail below the average cost of treasury shares and their market price at 09/30/2010:
Cost/Market value
Treasury shares
Common
Preferred
Average cost 9.65 23.66
Market value 30.85 40.47
Itaú Unibanco S.A. – - September0, 2010 139