5 – Earnings per Share

Earnings per share

 

 

H1

 

 

2022

2021

Net income

million €

3,311

3,372

Number of outstanding shares (weighted average)

1,000

907,990

918,479

Earnings per share

3.65

3.67

Earnings per share is calculated based on the weighted average number of outstanding shares. The average number of outstanding shares declined compared with 2021 due to the current share buyback program. The calculation of diluted earnings per share reflects all possible outstanding shares and the resulting effect on income of BASF’s “plus” employee incentive share program.

In the first half of 2022, and in the prior-year period, there was no dilutive effect; basic earnings per share were the same as the diluted earnings per share.