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per share amounts
 12 Months Ended
Dec. 31, 2024
per share amounts  
per share amounts

12

per share amounts

Basic net income per Common Share is calculated by dividing net income attributable to Common Shares by the total weighted average number of Common Shares outstanding during the period. Diluted net income per Common Share is calculated to give effect to share option awards and restricted share unit awards.

The following table presents reconciliations of the denominators of the basic and diluted per share computations. Net income was equal to diluted net income for all periods presented.

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Years ended December 31 (millions)

    

2024

    

2023

Basic total weighted average number of Common Shares outstanding

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1,488

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1,451

Effect of dilutive securities – Restricted share units

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5

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6

Diluted total weighted average number of Common Shares outstanding

 

1,493

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1,457

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For the years ended December 31, 2024 and 2023, no outstanding equity-settled restricted share unit awards were excluded in the calculation of diluted income per Common Share. For the year ended December 31, 2024, less than 1 million (2023 – less than 1 million) TELUS Corporation share option awards were excluded in the calculation of diluted income per Common Share.