A summary of treasury shares activities during the years ended December 31, 2015, 2016 and 2017 is set forth in the following table:
| No. Shares | Share Capital | |||||||||||
| BRL | USD | |||||||||||
|
Balance at January 1, 2015 |
10,074 | R$ | 547 | |||||||||
|
Repurchased |
5,257 | 378 | ||||||||||
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Balance at December 31, 2015 |
15,331 | R$ | 925 | |||||||||
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Repurchased |
7,320 | 608 | ||||||||||
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Balance at December 31, 2016 |
22,651 | 1,533 | US$ | 463 | ||||||||
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Repurchased |
— | — | — | |||||||||
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Balance at December 31, 2017 |
22,651 | R$ | 1,533 | US$ | 463 | |||||||
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