GTT Announces Monthly Update on Voting Rights and Shares Metrics

Author: Dylan Bailey Updated: 12-06-2024 12:00 PM

GTT Provides Insight into Monthly Voting Rights and Share Metrics

GTT has shared its latest update regarding the total number of voting rights and shares comprising its share capital. This essential disclosure is vital for investors and stakeholders, as it sheds light on GTT's equity and voting structures.

Understanding the Significance of Voting Rights

Voting rights play a crucial role in the governance of a company. They give shareholders a voice in important decisions affecting the company’s future. Tracking these rights over time offers valuable insights into investor sentiment and confidence.

What the Latest Figures Reveal

As of the end of November 2024, GTT reported a total of 37,117,772 shares issued, with the theoretical total number of voting rights equaling the same figure. However, the net total number of voting rights stands at 37,050,087, indicating that a small portion of shares may be held in treasury, stripped of their voting privileges.

An Overview of Share Capital Changes

Understanding the shift in GTT’s share capital over time is imperative for assessing the company’s financial health. Historical data allows stakeholders to analyze trends in share issuance, which can be indicative of company performance and market position.

Contact Information for Investors

For further inquiries or detailed information regarding their financial matters, GTT encourages stakeholders to reach out through their Investor Relations contact. The direct email for inquiries is information-financiere@gtt.fr, or you may call +33 1 30 23 20 87.

Key Definitions and Information

It's important to note how voting rights are calculated. The total number includes all shares with attached voting rights, accommodating for any shares that may be stripped of voting rights. This comprehensive understanding ensures investors are fully informed of their influence within the company.

Frequently Asked Questions

What is the significance of GTT's voting rights disclosure?

This disclosure informs shareholders and potential investors about the number of voting rights and shares, reflecting the governance and ownership structure of the company.

How often does GTT report on its voting rights and shares?

GTT provides this information monthly, ensuring that stakeholders are consistently updated on relevant changes.

What are the implications of treasury shares on voting rights?

Treasury shares do not provide voting rights as they are held by the company itself, which can affect overall voting power and influence among remaining shareholders.

Who can I contact for more investor relations inquiries?

You can reach out to GTT’s Investor Relations via email at information-financiere@gtt.fr or by phone at +33 1 30 23 20 87.

What does the net total voting rights figure signify?

The net total number of voting rights indicates the total number of shares that are entitled to vote, excluding any shares that GTT holds in treasury.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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