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Share capital (Tables)
 12 Months Ended
Dec. 31, 2012
Changes in Number of Shares of Class A Stock Outstanding

The following table reflects changes in the number of shares of Class A Stock outstanding for the periods indicated:

 

     2012     2011      2010  

Class A Stock outstanding, beginning of year

      13,572,265        13,268,522         13,118,001   

Issued pursuant to share-based compensation plans*

      57,652        303,743         150,521   

Repurchased and cancelled pursuant to the issuer bid

      (121,599 )      —           —     
  

 

 

    

 

 

     

 

 

  

Class A Stock outstanding, end of year

      13,508,318        13,572,265         13,268,522   
  

 

 

    

 

 

     

 

 

  

 

* Share-based compensation plans are described in note 12.
Summary of Dividends Paid Per Share

In 2012, the Company paid cash dividends of $0.44 per share to holders of Class A and Class B Stock as follows ($0.44 in 2011 and 2010):

 

Dividends per share

    Record Date    Payment Date

$0.11

    February 10, 2012    February 24, 2012

$0.11

    May 11, 2012    May 25, 2012

$0.11

    August 10, 2012    August 24, 2012

$0.11

    November 9, 2012    November 23, 2012