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18. Share capital and additional paid-in capital
 12 Months Ended
Dec. 31, 2019
Share Capital And Additional Paid-in Capital  
Share capital and additional paid-in capital
     Share capital    Additional paid-in capital    Total
             
Balance at December 31, 2016     27,982,570      282,328     28,264,898
Payment of Other reserve constitution - Share-bases compensation plan     -     71,222     71,222
Balance at December 31, 2017     27,982,570      353,550     28,336,120
Payment of Other reserve constitution - Share-bases compensation plan     (146)     16,441     16,295
             
Balance at December 31, 2018 and December 31, 2019     27,982,424      369,991     28,352,415

  

As of December 31, 2019, the Company’s share capital amounts to 906,455,100 shares, divided into 462,292,111 common, book-entry Class A shares with a par value of one peso each and the right to one vote per share; 442,210,385 common, book-entry Class B shares with a par value of one peso each and the right to one vote per share; and 1,952,604 common, book-entry Class C shares with a par value of one peso each and the right to one vote per share.

  

Listing of the Company’s shares

 

The Company’s shares are listed on the Buenos Aires Stock Exchange and are part of the Merval Index.

 

Furthermore, with the SEC’s prior approval, the Company’s ADSs, each representing 20 common shares of the Company, began to be traded on the NYSE as from April 24, 2007.

 

The listing of ADSs on the NYSE is part of the Company’s strategic plan to increase both its liquidity and the volume of its shares.