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Societe Generale: changes in share capital
Globenewswire· 2025-07-24 17:10
Capital Decrease - Societe Generale has reduced its share capital by cancelling 22,667,515 treasury shares, representing 2.8% of the share capital, effective from 24 July 2025, with a total buy-back amounting to EUR 872 million [2][3]. Capital Increase - The capital increase related to the 32 Global Employee Share Ownership Programme was completed on 24 July 2025, amounting to EUR 269,310,884.40, resulting in the issuance of 7,531,065 new shares, which is 0.97% of the share capital post-decrease [4][5]. Impact on CET1 Ratio - The capital increase is expected to positively impact the CET1 ratio by approximately 7 basis points, effective at the end of Q3 2025, with around 51,000 employees participating in the programme [5]. New Share Capital Structure - Following the capital decrease and increase, Societe Generale's new share capital stands at EUR 981,475,408.75, divided into 785,180,327 shares with a nominal value of EUR 1.25 each [6].
Societe Generale signs an agreement with the State of Cameroon to sell its subsidiary Société Générale Cameroun
Globenewswire· 2025-07-15 10:32
Group 1 - Societe Generale has signed an agreement with the State of Cameroon to sell its 58.08% stake in Société Générale Cameroun, resulting in the State of Cameroon holding 83.68% of the shares in the subsidiary [1] - The transaction is expected to positively impact the Group's CET1 ratio by approximately 6 basis points upon completion, anticipated by the end of 2025 [2] - The divestment is subject to standard conditions and requires validation from relevant financial and regulatory authorities [2] Group 2 - Societe Generale operates with around 119,000 employees and serves over 26 million clients across 62 countries, providing a wide range of advisory and financial solutions [2] - The Group is committed to sustainability and environmental transition, embedding ESG offerings in its business model and is included in major socially responsible investment indices [3]
Societe Generale: shares & voting rights as of 30 June 2025
Globenewswire· 2025-07-08 15:39
Group 1 - As of 30 June 2025, the total number of shares composing the current share capital is 800,316,777 and the total number of voting rights is 889,511,445 [2][6] - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3][4] - The company has a strong commitment to environmental, social, and governance (ESG) principles, being included in major socially responsible investment indices [4]
Societe Generale: Termination of the liquidity contract and half-year statement
Globenewswire· 2025-07-02 16:23
Core Points - Societe Generale has decided to terminate its liquidity contract with Rothschild Martin Maurel effective July 1, 2025, due to satisfactory daily liquidity of its shares over the past years [1][2] - The liquidity contract was in place since 2011 and was temporarily suspended from February 10 to April 9, 2025, during a share buyback period [2][3] Transaction Summary - From January 1 to June 30, 2025, the liquidity account recorded a total of 6,265 purchase transactions and 6,753 sale transactions, with a total quantity of 1,986,439 shares purchased and sold [7] - The total amount exchanged during this period was approximately €80.29 million for purchases and €80.36 million for sales [7] - Specific daily transaction data shows fluctuations in the number of transactions and amounts, with notable transactions on various dates throughout January to June 2025 [3][6][7] Financial Overview - As of December 31, 2024, the liquidity account had a balance of approximately €5.43 million, reduced from €170 million at the signing of the liquidity account in 2011 [4] - The liquidity account was amended in December 2018, reducing resources to €5 million [4] Company Profile - Societe Generale is a leading European bank with around 119,000 employees serving over 26 million clients in 62 countries [8] - The bank has a long history of providing a wide array of financial solutions and is committed to sustainable value creation for stakeholders [8][9]
Societe Generale: shares & voting rights as of 31 May 2025
Globenewswire· 2025-06-10 15:42
Core Points - The total number of shares composing the current share capital as of 31 May 2025 is 800,316,777, with a total number of voting rights amounting to 887,657,909 [2][6] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3] - The bank has been operational for 160 years, providing a wide range of advisory and financial solutions to corporate, institutional, and individual clients [3] - Societe Generale emphasizes sustainable value creation for all stakeholders through its long-lasting client relationships and innovative solutions [3] Business Segments - The Group operates three complementary business sets, integrating ESG offerings for all clients [4] - Societe Generale aims to be a key partner in environmental transition and sustainability, being included in major socially responsible investment indices [4] - The bank's business segments include French Retail, Private Banking and Insurance, Global Banking and Investor Solutions, and Mobility, International Retail Banking and Financial Services [7]
Societe Generale: the Board of Directors launches a co-option procedure of a woman Director
Globenewswire· 2025-05-28 15:52
Group 1 - The Board of Directors of Societe Generale acknowledged the resignation of Mrs. Béatrice Cossa-Dumurgier as Director due to incompatibility with her new professional responsibilities [1][2] - A co-option procedure for a woman director has been launched in accordance with the French Commercial Code [2] - Mr. Lorenzo Bini Smaghi, Chairman of the Board, expressed gratitude to Mrs. Cossa-Dumurgier for her contributions to the Board [2] Group 2 - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3] - The bank has been operational for 160 years, providing a wide range of advisory and financial solutions to corporate, institutional, and individual clients [3] - The Group emphasizes sustainable value creation for all stakeholders through its long-lasting client relationships and innovative solutions [3] Group 3 - Societe Generale operates three complementary business segments, integrating ESG offerings for clients [4] - The Group aims to be a leading partner in environmental transition and sustainability, being included in major socially responsible investment indices [4]
Societe Generale_ Combined General Meeting and Board of Directors dated 20 May 2025
Globenewswire· 2025-05-20 19:38
COMBINED GENERAL MEETING AND BOARD OF DIRECTORS DATED 20 MAY 2025 Press release Paris, 20 May 2025 Combined General Meeting The General Meeting of shareholders of Societe Generale was held on 20 May 2025 at CNIT Forest, 2, Place de la Défense, 92092 Puteaux and was chaired by Mr. Lorenzo Bini Smaghi. Quorum was established at 64,34% (vs 55.61% in 2024): 687 shareholders participated by attending the General Meeting in person at the place where it was held on 20 May 2025;1,057 shareholders were represented ...
Societe Generale launches a new global employee share ownership programme
Globenewswire· 2025-05-20 06:07
Core Points - Societe Generale has launched a new global employee share ownership program, allowing eligible employees and retired former employees to subscribe for a capital increase on preferential terms [1][4] - The subscription period for the share offer is set from June 2 to June 16, 2025, with settlement and delivery of shares scheduled for July 24, 2025 [1][12] - This program is the 32nd offered by the Group, aimed at involving employees in the company's development and enabling them to benefit from long-term value creation [4] Subscription Details - The capital increase targets a maximum of 12,044,800 shares, with a total nominal amount of EUR 15,056,000 [5][8] - The subscription price is set at EUR 35.76, reflecting a 20% discount based on the average market price [8][10] - The subscription will be available through employee mutual funds in France and directly via registered shares outside France [8][12] Eligibility and Limits - Eligible participants include employees with at least three months of seniority and retired former employees who have retained assets in the Company or Group Savings Plans [10] - The total amount of payments made by beneficiaries cannot exceed 25% of their gross annual remuneration or EUR 20,000 [10][12] - The program includes two tranches: one for employees under Company or Group Savings Plans and another for those under the International Group Savings Plan [9][13] Rights and Marketability - New shares will bear dividend rights as of January 1, 2025, and will be fully assimilated with existing shares [14] - Shares will be subject to a five-year unavailability period, with specific conditions for early release depending on local legislation [14][12] - The new shares will be listed on Euronext Paris, with the listing expected around July 29, 2025 [12][14]
Societe Generale: shares & voting rights as of 30 April 2025
Globenewswire· 2025-05-07 15:48
Group 1 - As of 30 April 2025, the total number of shares composing the current share capital is 800,316,777 and the total number of voting rights is 888,385,614 [2][6] - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3][4] - The company is committed to sustainability and is included in major socially responsible investment indices such as DJSI, FTSE4Good, and MSCI Low Carbon Leaders Index [4] Group 2 - Societe Generale operates three complementary business segments: French Retail, Global Banking and Investor Solutions, and Mobility, International Retail Banking and Financial Services [7] - The bank offers a wide range of financial solutions, including advisory services and tailored-made solutions in equity derivatives and structured finance [4][7] - The company emphasizes its ESG capabilities and aims to be a leading partner in environmental transition and sustainability [4]
Societe Generale: Availability of the first amendment to 2025 Universal Registration Document
Globenewswire· 2025-04-30 17:33
AVAILABILITY OF THE FIRST AMENDMENT TO 2025 UNIVERSAL REGISTRATION DOCUMENT Regulated Information Paris, 30 April 2025 Societe Generale hereby informs the public that the first amendment to the 2025 Universal Registration Document filed on 12th March 2025 under number D.25-0088, has been filed with the French Financial Markets Authority (AMF) on 30th April 2025 under number D-25-0088-A01. This document is made available to the public, free of charge, in accordance with the conditions provided for by the reg ...