Reserve for invested unrestricted equity The reserve for invested unrestricted equity fund includes other invest- ments of an equity nature and the subscription price of the shares to the extent that it is not recognised to the share capital according to the specific decision.
EUR million
2022
2021
Reserve for invested unrestricted equity
208.9
208.9
Treasury shares
Accounting principles When treasury shares are acquired, the equity belonging to the owners of the parent company is reduced by an amount that consists of the consideration paid, including immediate transac- tion costs after taxes, until the treasury shares are canceled or reissued. If the purchased treasury shares are reissued, the con- sideration received, less transaction costs after taxes, is recorded in the equity belonging to the owners of the parent company.
At the end of the year, the group held 1,000,000 (0) treasury shares, which corresponds to 0.3% (0.0) of the number of shares. The average purchase price of the shares was 7.82 euros per share.
2022 shares
2021
2021 shares
2022
EUR million
Treasury shares 1.1. Acquisition of treasury shares Treasury shares 31.12.
0.0
0
0.0
0
7.8 1,000,000
7.8 1,000,000
0.0
0
Dividend Dividends payable by the company are recorded as deductions to equity in the period during which the shareholders in a general meeting have declared the dividend. The Board of Directors has proposed that a dividend of EUR 0.58 per share be distributed for the 2022 financial year.
117
Consolidated financial statements | METSÄ BOARD ANNUAL AND SUSTAINABILITY REPORT 2022
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