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Common Shares
3 Months Ended
Mar. 31, 2018
Common Shares.  
Common Shares

Note 6 Common Shares

 

During the year ended December 31, 2017, we repurchased 3.1 million of our common shares in the open market for  $18.1 million, all of which are held by our subsidiaries, and which are accounted for as treasury shares.

 

On February 23, 2018, a cash dividend of $0.06 per share was declared for shareholders of record on March 13, 2018. The dividend was paid on April 3, 2018 in the amount of $19.1 million and was charged to retained earnings in our condensed consolidated statements of changes in equity for the three months ended March 31, 2018.