Understanding the Share Capital and Voting Rights of FORVIA
Recently, the dialogue surrounding company transparency and shareholder rights has gained momentum. A prime example of this is found in the financial disclosures of FORVIA, our spotlight for today. This article breaks down the essential components regarding the voting rights and shares constituting the company's capital.
Total Shares and Voting Rights
Investors and stakeholders often seek clarity on the size of a company's share capital. For FORVIA, as of June 30, 2025, the total number of shares issued was recorded at 197,089,340. This solid number reflects the company's commitment to maintaining a fluid and accessible trading environment.
Breakdown of Voting Rights
The total number of theoretical voting rights associated with these shares was cited at a substantial 231,313,038. However, it's crucial to differentiate between theoretical voting rights and actual voting rights. The company’s practical voting rights amounted to 218,951,800, indicating a potential gap due to shares devoid of voting capabilities.
Regulatory Compliance
FORVIA adheres to strict regulatory frameworks associated with share capital disclosure. Article L. 233-8 II of the French Commercial Code mandates periodic reporting for transparency in the number of shares and their corresponding voting rights. This compliance showcases FORVIA's dedication to regulatory obligations and commitment to its stakeholders.
Current Trading Information
As an active entity on Euronext Paris, FORVIA operates in compartment A, where its shares are traded under the ISIN code FR0000121147. This information is vital as it allows investors to easily track and assess their investments in FORVIA.
LEI and Additional Details
To enhance its transparency and operational integrity, FORVIA has secured a Legal Entity Identifier (LEI) referenced as 969500F0VMZLK2IULV85. Such identifiers help in the identification of companies engaging in financial transactions, ensuring smoother operations within the marketplace.
Significance of Declaration Requirements
Another noteworthy aspect of FORVIA’s governance is its incorporation of bylaws that demand declarations for crossing specific thresholds. This is an additional layer to its legal requirements that further establishes stringent accountability measures and aids in safeguarding shareholder interests.
Frequently Asked Questions
What is the total number of shares for FORVIA?
The total number of shares for FORVIA is 197,089,340.
How many theoretical voting rights does FORVIA have?
FORVIA has a total of 231,313,038 theoretical voting rights.
What are the actual exercisable voting rights for FORVIA?
The actual number of exercisable voting rights is 218,951,800.
What regulatory framework governs FORVIA's share capital disclosures?
FORVIA's disclosures are governed by Article L. 233-8 II of the French Commercial Code.
Where can FORVIA shares be traded?
FORVIA shares can be traded on Euronext Paris.
