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27. Treasury shares
| Pearson plc | Interactive Data | Total | |||||
|---|---|---|---|---|---|---|---|
| Number of shares 000s |
£m | Number of shares 000s |
£m | £m | |||
| At 1 January 2006 | 5,249 | 110 | 4,552 | 43 | 153 | ||
| Purchase of treasury shares | 4,700 | 36 | 1,500 | 16 | 52 | ||
| Release of treasury shares | (1,188) | (16) | – | – | (16) | ||
| At 31 December 2006 | 8,761 | 130 | 6,052 | 59 | 189 | ||
| Purchase of treasury shares | 4,900 | 40 | 1,177 | 16 | 56 | ||
| Release of treasury shares | (1,900) | (29) | – | – | (29) | ||
| At 31 December 2007 | 11,761 | 141 | 7,229 | 75 | 216 | ||
The Group holds Pearson plc shares in trust to satisfy its obligations under its restricted share plans (see note 25). These shares, representing 1.5% (2006: 1.1%) of called-up share capital, are held as treasury shares and have a par value of 25p per share.
Interactive Data hold their own shares in respect of share buy-back programmes. These shares are held as treasury shares and have a par value of $0.01.
The nominal value of Pearson plc treasury shares amounts to £2.9m (2006: £2.2m). The nominal value of Interactive Data treasury shares amounts to £0.04m (2006: £0.03m).
At 31 December 2007 the market value of Pearson plc treasury shares was £86.1m (2006: £67.6m) and the market value of Interactive Data treasury shares was £119.9m (2006: £74.3m).