Imperial Oil Limited Just Filed Its Quarterly Report: The following table ...

The following table provides the calculation of b
a
sic and diluted earnings per common share and the dividends declared by the company on its outstanding common shares:


















































































































































































































































             


             


             


             
   
    Third Quarter
   
        Nine Months
        to September 30
 
    
2021
   
2020
   
2021
   
2020
 
Net income (loss) per common share - basic
                    
Net income (loss)
(millions of Canadian dollars)
  
 
908
 
   3   
 
1,666
 
   (711
Weighted average number of common shares outstanding
(millions of shares)
  
 
700.0
 
   734.1   
 
719.4
 
   735.7 
Net income (loss) per common share
(dollars)
  
 
1.30
 
   -   
 
2.32
 
   (0.97
     
Net income (loss) per common share - diluted
                    
Net income (loss)
(millions of Canadian dollars)
  
 
908
 
   3   
 
1,666
 
   (711
Weighted average number of common shares outstanding
(millions of shares)
  
 
700.0
 
   734.1   
 
719.4
 
   735.7 
Effect of employee share-based awards
(millions of shares) (a)
  
 
1.9
 
   2.2   
 
1.7
 
   - 
Weighted average number of common shares outstanding, assuming dilution
(millions of shares)
  
 
701.9
 
   736.3   
 
721.1
 
   735.7 
Net income (loss) per common share
(dollars)
  
 
1.29
 
   -   
 
2.31
 
   (0.97
     
Dividends per common share - declared
(dollars)
  
 
0.27
 
   0.22   
 
0.76
 
   0.66 




(a)
For nine months to September 30, 2020, the Net income (loss) per common share – diluted excludes the effect of 2.1 million employee share-based awards. Share-based awards have the potential to dilute basic earnings per share in the future.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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