Annual Report and Accounts 2010

20Own shares held

Treasury
stock
£000

At 1 January 2010

 

65,102

Issuance of shares

 

(43,043)

At 31 December 2010

22,059

At 1 January 2009

 

107,963

Issuance of shares

 

(42,861)

At 31 December 2009

65,102

No shares were repurchased during 2010 and 2009.

At 31 December 2010, a total of 21.6 million shares (2009: 60.3 million) were held as treasury stock. At 31 December 2010, own shares held have a nominal value of 0.05 pence (2009: 0.05 pence) and in total represent 1.6% (2009: 4.5%) of called-up share capital.