Shareholder’s equity changed as follows between January 1, 2023 and December 31, 2023:
| (in thousands of euros) | Share capital | Additional paid‑in capital | Statutory reserve | Retained earnings and other reserves | Net income | Total shareholders’ equity | 
|---|---|---|---|---|---|---|
| Shareholders’ equity at December 31, 2022 | Shareholders’ equity at December 31, 2022 Share capital101,725 | Shareholders’ equity at December 31, 2022 Additional paid‑in capital2,944,014 | Shareholders’ equity at December 31, 2022 Statutory reserve10,138 | Shareholders’ equity at December 31, 2022 Retained earnings and other reserves5,499 | Shareholders’ equity at December 31, 2022 Net income31,184 | Shareholders’ equity at December 31, 2022 Total shareholders’ equity3,092,560 | 
| Allocation of 2022 net income | Allocation of 2022 net income Share capital- | Allocation of 2022 net income Additional paid‑in capital (700,854) | Allocation of 2022 net income Statutory reserve 34 | Allocation of 2022 net income Retained earnings and other reserves 5,549 | Allocation of 2022 net income Net income (31,184) | Allocation of 2022 net income Total shareholders’ equity (726,455) | 
| Capital increase (creation of shares) | Capital increase (creation of shares) Share capital- | Capital increase (creation of shares) Additional paid‑in capital- | Capital increase (creation of shares) Statutory reserve- | Capital increase (creation of shares) Retained earnings and other reserves- | Capital increase (creation of shares) Net income- | Capital increase (creation of shares) Total shareholders’ equity- | 
| Net income for the 2023 financial year | Net income for the 2023 financial year Share capital- | Net income for the 2023 financial year Additional paid‑in capital- | Net income for the 2023 financial year Statutory reserve- | Net income for the 2023 financial year Retained earnings and other reserves- | Net income for the 2023 financial year Net income 799,821 | Net income for the 2023 financial year Total shareholders’ equity 799,821 | 
| Shareholders’ equity at December 31, 2023 | Shareholders’ equity atDecember 31, 2023 Share capital101,725 | Shareholders’ equity atDecember 31, 2023 Additional paid‑in capital2,243,160 | Shareholders’ equity atDecember 31, 2023 Statutory reserve10,172 | Shareholders’ equity atDecember 31, 2023 Retained earnings and other reserves11,048 | Shareholders’ equity atDecember 31, 2023 Net income799,821 | Shareholders’ equity atDecember 31, 2023 Total shareholders’ equity3,165,927 | 
The portfolio of treasury shares showed the following movements in 2023:
| Number of shares | |
|---|---|
| Treasury shares held on December 31, 2022 (1) | 2,319,795 | 
| Disposals (exercise of stock options) and deliveries of free shares | (1,545,833) | 
| Buybacks of treasury shares | 3,000,000 | 
| Movements as part of the liquidity contract | (36,595) | 
| Treasury shares held on December 31, 2023 (1) | 3,737,367 | 
| not-included | Per share (in euros) | Total (in millions of euros) | 
|---|---|---|
| Dividends paid in 2023 (for the 2022 financial year) | 2.90 | 726 (1) | 
| Dividends proposed to the General Shareholders’ Meeting (for the 2023 financial year) | 3.40 | 865 (2) |