Societe Generale: cancellation of treasury shares
(CercleFinance.com) - Societe Generale announces that its Board of Directors has, with the authorization of the Extraordinary General Meeting of May 22, decided to reduce its share capital, with effect from September 23.
This reduction involves the cancellation of 11,718,771 treasury shares, which had been bought back between May 27 and June 17 inclusive. The banking group's share capital is now divided into 800,316,777 ordinary shares.
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