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Note 29 - Treasury Shares (Tables) | 12 Months Ended
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Dec. 31, 2017
Treasury Shares |
Treasury Shares Stock |
Financial Assets Held-for-Trading: Equity instruments by Issuer (Millions of euros)
| 2017 | 2016 | 2015
| Number of Shares | Millions of Euros | Number of Shares | Millions of Euros | Number of Shares | Millions of Euros
Balance at beginning | 7,230,787 | 48 | 38,917,665 | 309 | 41,510,698 | 350
+ Purchases | 238,065,297 | 1,674 | 379,850,939 | 2,004 | 431,321,283 | 3,273
- Sales and other changes | (231,956,502) | (1,622) | (411,537,817) | (2,263) | (433,914,316) | (3,314)
+/- Derivatives on BBVA shares | - | (4) | - | (1) | - | -
Balance at the end | 13,339,582 | 96 | 7,230,787 | 48 | 38,917,665 | 309
Of which: |  |  |  |  |  |
Held by BBVA, S.A. | - | - | 2,789,894 | 22 | 1,840,378 | 19
Held by Corporación General Financiera, S.A. | 13,339,582 | 96 | 4,440,893 | 26 | 37,077,287 | 290
Average purchase price in Euros | 7.03 |  | 5.27 |  | 7.60 |
Average selling price in Euros | 6.99 |  | 5.50 |  | 7.67 |
Net gain or losses on transactions (Shareholders' funds-Reserves) |  | 1 |  | (30) |  | 6
Table of Percentage of Treasury Shares Stock |
Treasury Stock
| 2017 | 2016 | 2015
| Min | Max | Closing | Min | Max | Closing | Min | Max | Closing
% treasury stock | 0.004% | 0.278% | 0.200% | 0.081% | 0.756% | 0.110% | 0.000% | 0.806% | 0.613%
Shares Accepted In Pledge |
Shares of BBVA Accepted in Pledge
|  | 2017 | 2016 | 2015
Number of shares in pledge |  | 64,633,003 | 90,731,198 | 92,703,291
Nominal value |  | 0.49 | 0.49 | 0.49
% of share capital |  | 0.97% | 1.38% | 1.46%
Shares Owned By Third Parties But Managed By The Group |
Shares of BBVA Owned by Third Parties but Managed by the Group
|  | 2017 | 2016 | 2015
Number of shares owned by third parties |  | 34,597,310 | 85,766,602 | 92,783,913
Nominal value |  | 0.49 | 0.49 | 0.49
% of share capital |  | 0.52% | 1.31% | 1.46%

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