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SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE (Tables)
12 Months Ended
Dec. 31, 2022
SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE  
Schedule of changes in share capital and capital in excess of par value

Capital in

 

Class B

Excess

 

Common Stock

Common Stock

Treasury Stock

of Par

 

    

Shares

    

Amount

    

Shares

    

Amount

    

Shares

    

Amount

    

Value

 

(000’s)

(000’s)

(000’s)

 

Balance at December 31, 2019

 

38,836

 

26,969

 

26,287

 

18,254

 

90

 

(1,992)

 

696,059

Issuance of 3% stock dividend

 

1,157

 

804

 

787

 

547

 

3

 

 

42,244

Conversion of Class B common shares to common shares

 

62

 

43

 

(62)

 

(43)

 

 

 

Purchase and retirement of common shares

 

(982)

 

(682)

 

 

 

 

 

(31,373)

Balance at December 31, 2020

 

39,073

 

27,134

 

27,012

 

18,758

 

93

 

(1,992)

 

706,930

Issuance of 3% stock dividend

 

1,163

 

807

 

810

 

562

 

3

 

 

32,495

Conversion of Class B common shares to common shares

 

29

 

20

 

(29)

 

(20)

 

 

 

Purchase and retirement of common shares

 

(921)

 

(639)

 

 

 

 

 

(29,545)

Balance at December 31, 2021

 

39,344

27,322

 

27,793

19,300

 

96

(1,992)

709,880

Issuance of 3% stock dividend

 

1,176

 

817

 

833

 

579

 

3

 

 

41,068

Conversion of Class B common shares to common shares

 

19

 

13

 

(19)

 

(13)

 

 

 

Purchase and retirement of common shares

 

(818)

 

(568)

 

 

 

 

 

(31,342)

Balance at December 31, 2022

 

39,721

$

27,584

 

28,607

$

19,866

 

99

$

(1,992)

$

719,606

Schedule of shares purchased and retired

    

Total Number of Shares

    

 

Year

Purchased (000’s)

Average Price Paid Per Share

 

2022

 

818

$

38.98

2021

 

921

$

32.76

2020

 

982

$

32.59