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Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [abstract]  
Share capital Share capital is composed of the following shares for the year ended December 31, 2021:
December 31, 2019 shares outstanding328,855,412 
Treasury shares(350,006)
Long-Term Incentive Plan1,058,509 
Repurchase of common shares(547,543)
December 31, 2020 shares outstanding329,016,372 
Treasury shares1,520,065 
Long-Term Incentive Plan758,024 
Repurchase of common shares(1,686,235)
December 31, 2021 shares outstanding329,608,226 
Treasury shares Treasury shares are composed of the following shares for the year ended December 31, 2021, 2020:
SharesAmountAverage Price (US$)
December 31, 2019 treasury shares518,642 41,267 20.09 
Repurchase of common shares547,543 44,775 16.13 
Long-Term Incentive Plan(897,549)(72,433)18.06 
December 31, 2020 treasury shares168,636 13,609 18.06 
Repurchase of common shares 1,686,235 284,812 30.23 
Long-Term Incentive Plan(166,170)(13,410)18.06 
December 31, 2021 treasury shares1,688,701 285,011 30.23