Societe Generale: Capital reduction by cancellation of treasury shares
February 01 2022 - 2:45AM
Societe Generale: Capital reduction by cancellation of treasury
shares
PRESS
RELEASE:
CAPITAL REDUCTION BY CANCELLATION
OF TREASURY
SHARES
Regulated information
Paris, 1st February 2022
Meeting on January 13, 2022, the Board of
Directors, with the authorization of the Extraordinary General
Meeting of May 19, 2020, decided to decrease, on February 1, 2022,
the share capital of Societe Generale by cancellation of 16,247,062
ordinary shares repurchased from November 4 to December 17, 2021
included and representing circa 1.9% of share capital (before
capital decrease).
This capital reduction by shares cancellation is
part of the Group's shareholder return policy.
The share capital of Societe Generale will
amount to 1,046,405,540 euros, divided into 837,124,432 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”:
https://investors.societegenerale.com/en/financial-and-non-financial-information/regulated-information
Press contacts:
Societe Generale
Societe Generale is one of the leading European financial
services groups. Based on a diversified and integrated banking
model, the Group combines financial strength and proven expertise
in innovation with a strategy of sustainable growth. Committed to
the positive transformations of the world’s societies and
economies, Societe Generale and its teams seek to build, day after
day, together with its clients, a better and sustainable future
through responsible and innovative financial solutions.
Active in the real economy for over 150 years, with a solid
position in Europe and connected to the rest of the world, Societe
Generale has over 133,000 members of staff in 61 countries and
supports on a daily basis 30 million individual clients, businesses
and institutional investors around the world by offering a wide
range of advisory services and tailored financial solutions. The
Group is built on three complementary core businesses:
- French Retail
Banking which encompasses the Societe Generale, Credit du
Nord and Boursorama brands. Each offers a full range of financial
services with omnichannel products at the cutting edge of digital
innovation;
-
International Retail Banking, Insurance and Financial
Services to Corporates, with networks in Africa, Russia,
Central and Eastern Europe and specialised businesses that are
leaders in their markets;
- Global Banking and Investor
Solutions, which offers recognised expertise, key
international locations and integrated solutions.
Societe Generale 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 Societe Generale’s newsroom page
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
@societegenerale or visit our website www.societegenerale.com.
- Societe Generale_ Capital reduction by cancellation of treasury
shares
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