Societe Generale: Information regarding executed transactions within the framework of a share buyback program (outside the liquidity agreement)
18 September 2023 - 06:16PM
Societe Generale: Information regarding executed transactions
within the framework of a share buyback program (outside the
liquidity agreement)
INFORMATION REGARDING EXECUTED TRANSACTIONS WITHIN THE
FRAMEWORK OF A SHARE BUYBACK PROGRAM (OUTSIDE THE LIQUIDITY
AGREEMENT)
Regulated Information
Paris, 18 September 2023
(In accordance with Article 5 of Regulation (EU) No 596/2014 on
Market Abuse Regulation and Article 3(3) of Delegated Regulation
(EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through
regulatory technical standards concerning the conditions applicable
to buyback programs and stabilization measures)
Societe Generale started, on Monday 7 August 2023, an ordinary
share buyback program for EUR 440.5 million for the purpose of
shares cancellation.
Societe Generale received all necessary authorizations from
supervisory authorities. These buybacks will be carried out in
compliance with the authorizations provided by the General Meeting
of 23 May 2023, in particular regarding the maximum price, as well
as in accordance with the Market Abuse Regulation. They will be
performed on the trading platforms on which Societe Generale shares
are listed for trading or are traded, including the regulated
market of Euronext Paris.
The liquidity contract concluded with Rothschild has also
temporarily been suspended throughout the buyback period.
Issuer name: Societe Generale
- LEI O2RNE8IBXP4R0TD8PU41
Reference of the financial
instrument: ISIN FR0000130809
Period: From 11 to 15
September 2023
Purchases performed by Societe Generale during
the period:
None1
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 117,000 employees serving 25 million clients in more than 60
countries across the world. We have been supporting the development
of our economies for nearly 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 Banking, with leading retail bank SG and insurance
franchise, premium private banking services, and the leading
digital Bank Boursorama.
- 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.
- International
Retail, Mobility & Leasing
Services, comprising
well-established universal banks (in Czech Republic, Romania and
several African countries), and ALD / LeasePlan, a global player in
sustainable mobility.
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 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/X @societegenerale or visit our website
societegenerale.com.
1 The percentage of share buyback execution is 62%.
-
Societe-Generale_Report-on-share-buyback-from-11-to-15-September-2023
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