FORVIA Reports on Shares and Voting Rights for 2024

Overview of FORVIA's Share Capital and Voting Rights

FORVIA has provided a detailed account of its voting rights and share structure, reflecting a commitment to transparency and good governance. This report outlines essential details regarding shares issued and the accompanying voting rights as of the end of 2024.

Key Details of Trading and Codes

The trading for FORVIA takes place on Euronext Paris, specifically within Compartment A. Investors can refer to the ISIN code, FR0000121147, and the LEI code, 969500F0VMZLK2IULV85, for further information on the share capital structure.

Current Statistics on Shares and Voting Rights

As of December 31, 2024, the total number of shares stands at an impressive 197,089,340. This figure plays a crucial role in shaping the company's governance and decision-making processes.

The report elaborates that the total number of theoretical voting rights associated with these shares is calculated at 231,220,942. This number includes all shares with attached voting powers, providing a comprehensive view of the potential voting landscape within the firm.

Moreover, the total number of exercisable voting rights is recorded at 219,304,702. This statistic excludes shares that are deprived of voting rights, hence giving a better reflection of the active shareholder engagement capacity.

Understanding Voting Rights Calculations

The calculation of the total voting rights for FORVIA is conducted in accordance with Article 223-11 of the General Regulation of the French Financial Markets Authority. This process considers all shares to which voting rights are attached, ensuring that stakeholders have a transparent view of the company's governance.

Significance of Voting Rights for Shareholders

Voting rights empower shareholders to influence significant decisions within the company, affecting strategic directions and management. The clarity provided by FORVIA regarding these rights helps investors make informed decisions regarding their stakes in the company.

Threshold Declaration Clause in Bylaws

FORVIA has incorporated a clause within its bylaws that mandates declarations for crossing shareholding thresholds, in addition to legal requirements. This approach enhances transparency and establishes a framework for accountability among shareholders, ultimately benefiting the overall governance of the organization.

Conclusion

FORVIA's report on its voting rights and share capital illustrates a proactive approach to corporate governance. The detailed insight into the number of shares and voting rights equips investors with the necessary information to understand their influence and stake in the company. As FORVIA continues to grow, staying informed about its capital structure and governance practices remains critical for shareholders.

Frequently Asked Questions

What is the total number of shares for FORVIA as of December 2024?

The total number of shares for FORVIA as of December 31, 2024, is 197,089,340.

How many theoretical voting rights does FORVIA hold?

FORVIA has a total of 231,220,942 theoretical voting rights based on its shares.

What are exercisable voting rights?

Exercisable voting rights are the total voting rights attached to shares, minus any shares that do not provide voting power. FORVIA's total exercisable voting rights are 219,304,702.

Where is FORVIA traded?

FORVIA is traded on Euronext Paris in Compartment A.

What is the significance of the voting rights calculations?

The voting rights calculations are crucial as they inform shareholders of their influence in corporate decisions, ensuring transparency in governance and shareholding structures.

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