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BIC Shares and Voting Rights Update as of August 2024

BIC Shares and Voting Rights Update as of August 2024

Overview of BIC's Voting Rights and Capital Structure

In a recent update, BIC disclosed that as of August 31, 2024, the company has issued a total of 42,270,689 shares. These shares play a crucial role as they collectively provide significant voting power within the organization.

Breakdown of Current Voting Rights

The total number of voting rights associated with these shares amounts to 60,454,529. However, when excluding shares without voting rights, the effective number of voting rights is slightly lower, totaling 59,659,943. This distinction is essential as it influences shareholder power and decision-making processes within the company.

About BIC

BIC has established itself as a leading global brand in essential consumer products, particularly in the areas of stationery, lighters, and personal grooming items. With a history spanning over 75 years, BIC has consistently delivered high-quality and affordable products for everyday use. Their dedication to excellence is evident through their wide customer base and the iconic products that bear the BIC name.

BIC's Global Presence and Product Range

Currently, BIC’s products are sold in more than 160 countries, featuring well-known brands such as BIC Kids™, BIC Flex™, and Soleil™. The company is committed to sustainability and education, which is reflected in its A- Leadership score from CDP. In 2023, BIC reported net sales of €2,263 million, further reinforcing its strong position in the market.

Financial Overview and Future Outlook

BIC is listed on Euronext Paris and is included in indices like the SBF120 and CAC Mid 60. Looking ahead, the company plans to release its third-quarter results on October 23, 2024, after the market closes, providing investors with valuable insights into its performance and future strategies. Additionally, the full-year results for 2024 are expected to be announced on February 18, 2025.

Contact Information

Investors seeking more information can reach out to BIC's dedicated contacts:

Investor Relations Team
Email: investors.info@bicworld.com
Brice Paris, VP Investor Relations
Phone: +33 1 45 19 55 28
Email: brice.paris@bicworld.com

Apolline Celeyron, Senior Communications Manager
Phone: +33 1 45 19 56 09
Email: Apolline.celeyron@bicworld.com

Frequently Asked Questions

What is the total number of shares issued by BIC as of August 31, 2024?

As of that date, BIC has issued a total of 42,270,689 shares.

What are the total voting rights associated with BIC's shares?

BIC shares have a total of 60,454,529 voting rights.

What brands are included under the BIC company?

BIC markets several iconic brands including BIC Kids™, BIC Flex™, and Soleil™ among others.

When will BIC release its third-quarter results?

BIC is scheduled to announce its third-quarter results on October 23, 2024, post market close.

How can investors get in touch with BIC's Investor Relations?

Investors can contact BIC's Investor Relations team via email at investors.info@bicworld.com.

About The Author

About Investors Hangout

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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