Common Equity

9 Months Ended

Sep. 30, 2023

Common Equity.

Common equity

Note 18. Common Equity

At September 30, 2023 the authorized stock of the Company consisted of 75,000,000 shares of common stock without par value.

Changes in outstanding common shares are summarized as follows:

	Shares
	Outstanding
Shares as of December 31, 2021	20,335,934
Treasury stock purchases	(559,945)
Common stock issued (including share-based compensation impact)	396,757
Balance as of September 30, 2022	20,172,746
	Shares
	Outstanding
Balance as of December 31, 2022	20,172,746
Treasury stock purchases	(184,964)
Common stock issued (including share-based compensation impact)	320,574
Balance as of September 30, 2023	20,308,356