| USD | Quantity | Share value (USD) |
Net income of uses |
|||||||||||||
|
At the beggining of the year |
49.1 | 5,906,120 | 8.31 | — | ||||||||||||
|
Used for stock options plan (i) |
(12.3 | ) | (1,482,415 | ) | 8.30 | 6.4 | ||||||||||
|
Repurchase of shares in the period (ii) |
15.0 | 3,000,000 | 5.00 | — | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
At December 31, 2017 |
51.8 | 7,423,705 | 6.98 | 6.4 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (i) | The beneficiaries of the shares used in the share-based compensation plan include the Statutory Board of Directors, Executive Directors and certain employees. |
| (ii) | Refers to repurchases of shares with the objective of supporting the “Long Term Incentive (LTI)” plan for the Phantom shares plan. The repurchase was conducted in accordance with rules approved by the Board of Directors, at lowest and highest prices per share of US$ 4.6 and US$ 5.5 respectively. |