At the AGM, it was resolved to cancel the shares that the Bank had repurchased under the previous year's mandate. This process was completed on 14 May 2007, when 20,427,300 class A shares and 305,500 class B shares were cancelled.
At the AGM, the Bank's Board again received a mandate to repurchase 40 million shares during the period until the 2008 AGM. On 24 April 2007, repurchases started pursuant to this decision, and 4,830,000 class A shares were repurchased. At the 2008 AGM, it was resolved to cancel these shares. This process was completed on 28 May 2008.