Total S.A. Total: Share capital decrease by way of treasury shares cancellation
December 12 2018 - 1:20PM
UK Regulatory
TIDMTTA
Total (Paris:FP) (LSE:TTA) (NYSE:TOT):
The Board of Directors met on December 12, 2018 and decided,
under the conditions set forth at the Extraordinary Shareholders'
Meeting of May 26, 2017, to proceed with the cancellation of
44,590,699 treasury shares repurchased from February 9 to October
11, 2018 as part of TOTAL S.A. shareholder return strategy
announced on February 8, 2018, representing 1.66% of the share
capital.
These 44,590,699 treasury shares include:
-- firstly, 28,445,840 shares newly issued, with no discount, as part of
the scrip dividend paid for the second and third interim
dividends, as
well as the balance, for the 2017 fiscal year ; and
-- secondly, 16,144,859 shares repurchased as part of the share buyback
within the limit of an amount of $5 billion over 2018-2020.
This transaction has no impact on the consolidated financial
statements of TOTAL S.A., the number of fully-diluted
weighted-average shares and earnings per share.
Following the cancellation of these shares, the number of shares
of TOTAL S.A. is 2,640,602,007 and the number of voting rights that
can actually be exercised at the Shareholders' Meeting is
2,770,811,788. The total number of voting rights (referred to as
'theoretical voting rights') attached to these 2,640,602,007 shares
is 2,798,611,254, including the 27,799,466 treasury shares held by
TOTAL S.A., for cancellation and share performance plans, and do
not have no actual voting rights attached.
About Total
Total is a major energy player, which produces and markets
fuels, natural gas and low-carbon electricity. Our 100,000
employees are committed to better energy that is safer, more
affordable, cleaner and accessible to as many people as possible.
Active in more than 130 countries, our ambition is to become the
responsible energy major.
* * * * *
Total contactsMedia Relations: +33 1 47 44 46 99 l
presse@total.com l @TotalPressInvestors Relations: +44 (0)207 719
7962 l ir@total.com
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(END) Dow Jones Newswires
December 12, 2018 13:20 ET (18:20 GMT)
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