On December 31, 2020, Berclair Inc. had 520 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2021, Berclair purchased 30 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2021. Five million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $950 million On December 31, 2020, Berclair Inc. had 520 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2021, Berclair purchased 30 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2021. Five million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $950 million