Notes to the consolidated annual financial statements | Note 16     2017    2016    16. Share capital           Authorised             4 000 000 000 ordinary shares with no par value             Issued             Fully paid share capital               1 487 954 000 ordinary shares with no par value Treasury shares *   *     Treasury shares              20 864 428 (2016: 21 306 094) ordinary shares with no par value 1 670   1 658       1 670   1 658     Shares 2017    2016      Movements in the number of ordinary shares outstanding:            1 April  1 466 647 906     1 466 632 274          Statutory shares in issue  1 487 954 000     1 487 954 000          Treasury shares  (21 306 094)     (21 321 726)         Repurchase of shares1  (1 386 131)     (1 767 453)        Forfeited shares sold  615 914     522 693        Vesting of shares  1 211 883     1 260 392        31 March  1 467 089 572     1 466 647 906        Statutory shares in issue  1 487 954 000     1 487 954 000        Treasury shares  (20 864 428)     (21 306 094)        Treasury shares held by:                 Vodacom Group Limited  5 443 197     5 884 863        Subsidiaries  15 421 231     15 421 231           20 864 428     21 306 094      The unissued share capital is under the control of the current shareholders and the directors do not have the authority to issue any unissued shares.   Notes: * Fully paid share capital of R100. Forfeitable and restricted shares held by employees are treated as treasury shares for accounting in terms of IAS 32: Financial Instruments: Presentation, since shares awarded under the forfeitable share plan have not fully vested for the purposes of IFRS 2: Share-based Payment until the potential forfeiture period has expired (Note 17).