LyondellBasell Industries NV
For the period ended Mar 31, 2024. Filed Apr 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 26, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Per Share Data
- Per Share Data
Basic earnings per share is based upon the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share includes the effect of certain stock option and other equity-based compensation awards. Our unvested restricted stock units contain non-forfeitable rights to dividend equivalents and are considered participating securities. We compute basic and diluted earnings per share under the two-class method.
Earnings per share data is as follows:
| Three Months Ended March 31, | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Millions of dollars | ContinuingOperations | DiscontinuedOperations | ContinuingOperations | DiscontinuedOperations |
| Net income (loss) | $474 | $(1) | $475 | $(1) |
| Dividends on redeemable non-controlling interests | (2) | — | (2) | — |
| Net income attributable to participating securities | (1) | — | (1) | — |
| Net income (loss) attributable to ordinary shareholders – basic and diluted | $471 | $(1) | $472 | $(1) |
| Millions of shares, except per share amounts | ||||
| Basic weighted average common stock outstanding | 325 | 325 | 326 | 326 |
| Effect of dilutive securities | 1 | 1 | 1 | 1 |
| Potential dilutive shares | 326 | 326 | 327 | 327 |
| Earnings per share: | ||||
| Basic | $1.45 | $— | $1.45 | $— |
| Diluted | $1.44 | $— | $1.44 | $— |
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