SHARE CAPITAL

Movements in the number of common shares issued are represented in the table below:



In millions	September 30, 2013		September 30, 2012
Common shares issued	490.4		490.4
Less: Treasury shares for which dividend and voting rights do not apply	(47.2	)	(46.4	)
Common shares outstanding	443.2		444.0

During the three and nine months ended September 30, 2013, the company repurchased zero and 3.8 million shares, respectively, in the market at a cost of zero and $120.5 million, respectively (three and nine months ended September 30, 2012: 1.8 million and 8.1 million shares were repurchased at a cost of $40.0 million, and $190.0 million, respectively). Separately, an aggregate of 2.3 million shares were withheld on vesting events during the nine months ended September 30, 2013 to meet employees’ withholding tax (nine months ended September 30, 2012: 1.9 million). The fair value of these shares withheld at the respective withholding dates was $61.5 million during the nine months ended September 30, 2013 (nine months ended September 30, 2012: $44.4 million). As of September 30, 2013, $346.5 million remained authorized under the company’s share repurchase plan (September 30, 2012: $542.0 million). See Note 16, "Subsequent Events," for details regarding additional share repurchase authorization.

Total treasury shares at September 30, 2013 were 57.2 million (September 30, 2012: 56.8 million), including 10.0 million unvested restricted stock awards (September 30, 2012: 10.4 million) for which dividend and voting rights apply. The closing market price of common shares at September 30, 2013 was $31.90. The total market value of the company’s 57.2 million treasury shares was $1.8 billion on September 30, 2013.