6.Earnings per Share

Earnings per share are calculated according to IAS 33 (Earnings per Share) as the relationship of the Group’s income after income taxes (net income) for the income period to the weighted average number of outstanding no-par voting shares of Covestro AG. Since March 12, 2022, Covestro AG has purchased treasury shares under a share buyback program. In the first half of 2022, a weighted average number of outstanding no-par voting shares of 192,101,348 was used to calculate earnings per share, while in the first half of 2021, these shares amounted to 193,160,544. There were no dilution effects to consider.
See Covestro on the Capital Market, in the section entitled “Share Buyback Program” for further information on the share buyback program.

Earnings per share

 

 

 

 

 

 

 

1st half 2021

 

1st half 2022

 

 

€ million

 

€ million

Income after income taxes

 

845

 

615

of which attributable to noncontrolling interest

 

3

 

of which attributable to Covestro AG shareholders (net income)

 

842

 

615

 

 

 

 

 

 

 

Shares

 

Shares

Weighted average number of no-par voting shares of Covestro AG

 

193,160,544

 

192,101,348

 

 

 

 

 

 

 

 

Basic earnings per share

 

4.36

 

3.20

Diluted earnings per share

 

4.36

 

3.20