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).
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