Societe Generale: Capital reduction by cancellation of treasury shares
September 23 2024 - 12:16PM
UK Regulatory
Societe Generale: Capital reduction by cancellation of treasury
shares
CAPITAL REDUCTION BY CANCELLATION OF TREASURY
SHARES
Regulated Information
Paris, 23 September 2024
Meeting on September 19, 2024, the Board of
Directors, with the authorization of the Extraordinary General
Meeting of May 22, 2024, decided to reduce, on September 23, 2024,
the share capital of Societe Generale by cancellation of 11,718,771
treasury shares. These shares were repurchased from May 27 to June
17, 2024 included.
From now on, the share capital of Societe
Generale amounts to 1,000,395,971.25 euros, divided into
800,316,777 ordinary shares, each with an unchanged nominal value
of 1.25 euros.
Information regarding total amount of voting
rights and shares will be updated and available in the following
section “Monthly reports on total amount of voting rights and
shares”:
Regulated information and other important information.
Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_
jean-baptiste.froville@socgen.com
Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com
Societe Generale
Societe Generale is a top tier European Bank
with more than 126,000 employees serving about 25 million clients
in 65 countries across the world. We have been supporting the
development of our economies for 160 years, providing our
corporate, institutional, and individual clients with a wide array
of value-added advisory and financial solutions. Our long-lasting
and trusted relationships with the clients, our cutting-edge
expertise, our unique innovation, our ESG capabilities and leading
franchises are part of our DNA and serve our most essential
objective - to deliver sustainable value creation for all our
stakeholders.
The Group runs three complementary sets of businesses, embedding
ESG offerings for all its clients:
- French
Retail, Private Banking and Insurance, with leading retail
bank SG and insurance franchise, premium private banking services,
and the leading digital bank BoursoBank.
- Global
Banking and Investor Solutions, a top tier wholesale bank
offering tailored-made solutions with distinctive global leadership
in equity derivatives, structured finance and ESG.
- Mobility,
International Retail Banking and Financial
Services, comprising well-established universal banks
(in Czech Republic, Romania and several African countries), Ayvens
(the new ALD I LeasePlan brand), a global player in sustainable
mobility, as well as specialized financing activities.
Committed to building together with its clients
a better and sustainable future, Societe Generale aims to be a
leading partner in the environmental transition and sustainability
overall. The Group is included in the principal socially
responsible investment indices: DJSI (Europe), FTSE4Good (Global
and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity
and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX
Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index
(World and Europe).
In case of doubt regarding the authenticity of
this press release, please go to the end of the Group News page on
societegenerale.com website where official Press Releases sent by
Societe Generale can be certified using blockchain technology. A
link will allow you to check the document’s legitimacy directly on
the web page.
For more information, you can follow us on
Twitter/X @societegenerale or visit our website
societegenerale.com.
- Societe-Generale-Capital-Decrease-23092024
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