Workflow
ESG offerings
icon
Search documents
Societe Generale accelerates the simplification of its organization and the development of skills to strengthen its efficiency
Globenewswire· 2026-01-22 06:59
Core Viewpoint - Societe Generale is accelerating its organizational simplification and skill development to enhance operational efficiency and sustainable performance [1] Group 1: Organizational Changes - The company has submitted a project for organizational simplification in France, focusing on several activities and central functions at headquarters, while the branch network remains unaffected [3] - The proposed changes aim to simplify operating methods, making them more efficient and agile in serving clients [3] - A net reduction of 1,800 positions is planned through natural attrition and an innovative social framework, without any redundancy plan, favoring internal career moves [4] Group 2: Employee Development - Career-long training will be enhanced through Societe Generale University, and a Mobility and Skills Campus will be established to facilitate internal mobility and diverse career paths [5] - The planned changes will be implemented gradually in 2026 and 2027, following consultations with employee representative bodies [5] Group 3: Employee Engagement - Close to 2,000 employees participated in a collaborative initiative, generating thousands of ideas to optimize tools, simplify processes, and strengthen automation and AI usage [2]
Societe Generale: shares and voting rights as of 30 September 2025
Globenewswire· 2025-10-10 15:39
Core Points - The total number of shares composing the current share capital as of 30 September 2025 is 785,180,327, while the total number of voting rights is 871,965,338 [2][6]. Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries, providing a wide range of advisory and financial solutions [3]. - The company has a strong commitment to sustainability and environmental transition, aiming to be a leading partner in these areas [4]. - Societe Generale is included in major socially responsible investment indices, highlighting its focus on ESG (Environmental, Social, and Governance) initiatives [4]. Business Segments - The Group operates three complementary business sets: French Retail, Private Banking and Insurance; Global Banking and Investor Solutions; and Mobility, International Retail Banking and Financial Services [7]. - The Global Banking and Investor Solutions segment is recognized for its leadership in equity derivatives, structured finance, and ESG [7].
Societe Generale: Information regarding executed transactions within the framework of a share buy-back program
Globenewswire· 2025-09-01 16:03
Core Points - Societe Generale initiated a EUR 1 billion ordinary share buy-back program aimed at share cancellation, starting on August 4, 2025 [1] - As of August 29, 2025, the company completed 54.1% of the buy-back program, which corresponds to 1.2% of its total share capital [3] Buy-Back Program Details - The buy-back program is conducted in compliance with the conditions set by the General Meeting on May 22, 2024, and adheres to the Market Abuse Regulation [2] - The buy-backs are executed on trading platforms where Societe Generale shares are listed, including Euronext Paris [2] Purchase Summary - From August 25 to August 29, 2025, a total of 4,341,534 shares were repurchased at an average price of EUR 52.9723 [5] - Daily purchase details include: - August 25: 449,003 shares at an average price of EUR 57.1921 [4] - August 26: 465,064 shares at an average price of EUR 51.7650 [4] - August 27: 548,367 shares at an average price of EUR 51.8690 [5] - August 28: 574,221 shares at an average price of EUR 52.3376 [5] - August 29: 547,780 shares at an average price of EUR 52.3119 [5] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [6] - The bank offers a wide range of advisory and financial solutions, emphasizing sustainable value creation for stakeholders [6][7]