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Earnings per share (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings per share [abstract] |
Basic earnings per share | Basic earnings per share is calculated by dividing net income attributable to equity holders of PagSeguro Digital by the weighted average number of common shares issued and outstanding during the year ended December 31, 2021, 2020 and 2019:
| For the year ended December 31,
| 2021 |  | 2020 |  | 2019
Profit attributable to stockholders of the Company | 1,166,102 |  |  | 1,291,658 |  |  | 1,365,597 |
Weighted average number of outstanding common shares (thousands) | 330,310,786 |  |  | 329,292,240 |  |  | 328,169,609 |
Basic earnings per share - R$ | 3.5303 |  |  | 3.9225 |  |  | 4.1613 |
Diluted earnings per share | Diluted earnings per share is calculated by dividing net income attributable to equity holders of PagSeguro Digital by the weighted average number of common shares outstanding during the year plus the weighted average number of common shares that would be issued on conversion of all dilutive potential common shares into common shares. The share in the LTIP are the only shares with potential dilutive effect. In this case, a calculation is done to determine the number of shares that could have been acquired at fair value.
| For the year ended December 31,
| 2021 |  | 2020 |  | 2019
Profit used to determine diluted earnings per share | 1,166,102 |  |  | 1,291,658 |  |  | 1,365,597 |
Weighted average number of outstanding common shares (thousands) | 330,310,786 |  |  | 329,292,240 |  |  | 328,169,609 |
Weighted average number of shares that would have been issued at average market price | 1,864,038 |  |  | 521,937 |  |  | 1,090,047 |
Weighted average number of common shares for diluted earnings per share (thousands) | 332,174,824 |  |  | 329,814,177 |  |  | 329,259,656 |
Diluted earnings per share - R$ | 3.5105 |  |  | 3.9163 |  |  | 4.1475 |

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