Common Stock and Treasury Stock Activity |
The number of shares of common stock
and treasury stock and the share activity for 2017 and 2016 were as
follows:
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Common Shares |
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Treasury Shares |
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2017 |
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2016 |
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2017 |
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2016 |
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Balance at the beginning of the
year
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153,412,050 |
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159,906,032 |
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24,305,930 |
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15,293,877 |
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Stock plan shares issued
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2,068,746 |
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2,518,071 |
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— |
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— |
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Shares surrendered by
optionees
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(180,537 |
) |
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(204,538 |
) |
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180,537 |
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204,538 |
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Common stock repurchases
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(3,393,462 |
) |
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(8,807,515 |
) |
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3,393,462 |
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8,807,515 |
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Balance at the end of the
year
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151,906,797 |
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153,412,050 |
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27,879,929 |
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24,305,930 |
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