Societe Generale: Capital reduction by cancellation of treasury shares
01 Februar 2023 - 05:50PM
GlobeNewswire Inc.
Societe Generale: Capital reduction by cancellation of treasury
shares
CAPITAL REDUCTION BY CANCELLATION OF TREASURY
SHARES
Regulated information
Paris, 1st February 2023
Meeting on January 12, 2023, the Board of Directors, with the
authorization of the Extraordinary General Meeting of May 17, 2022,
decided to decrease, on February 1, 2023, the share capital of
Societe Generale by cancellation of 41,674,813 ordinary shares
repurchased from August 8 to December 15, 2022 included.
This capital reduction by shares cancellation is part of the
Group's shareholder return policy.
The share capital of Societe Generale will amount to
1,010,261,206.25 euros, divided into 808,208,965 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 contact:
Jean-Baptiste Froville_+33 1 58 98 68 00_
jean-baptiste.froville@socgen.comFanny Rouby_+33 1 57 29 11 12_
fanny.rouby@socgen.com
Societe
GeneraleSociete
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 117,000 members of
staff in 66 countries and supports on a daily basis 25 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 with the SG bank, resulting from the merger of the
two Societe Generale and Crédit du Nord networks, and Boursorama.
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, with networks in Africa, 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 societegenerale.com.
- Societe-Generale-Capital-decrease_01022023
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