Overview of Total Voting Rights and Shares for FORVIA

Total Number of Voting Rights and Shares
FORVIA continues to maintain a comprehensive view on its total voting rights and shares constituting its share capital. This overview is governed by the provisions outlined in the French Commercial Code and regulations set forth by relevant authorities.
Exchange Information
FORVIA's shares are traded on Euronext Paris, which is a principal European exchange. Its ISIN code is FR0000121147 and the LEI code is 969500F0VMZLK2IULV85. This information is crucial for investors looking to trace shares effectively under the regulatory guideline.
Current Share Statistics
As of the latest reporting period, a total of 197,089,340 shares have been issued. This figure is significant as it reflects the organization's capital structure. The shares hold a total number of theoretical voting rights calculated at 231,815,941. However, the total number of exercisable voting rights stands at 219,619,793.
Understanding Voting Rights
The theoretical voting rights are calculated based on the total shares that include those deprived of voting rights. This indicates how shareholder authority is outlined among the issued shares. Exercisable voting rights are derived from the total number of voting rights minus shares that do not come with voting privileges.
Regulatory Compliance
FORVIA adheres strictly to the requirements pertaining to crossing threshold declarations, ensuring additional disclosure obligations beyond the stipulated legal requirements. This transparency builds trust in the company and supports fair trading practices.
Inclusion in Bylaws
This practice of including a clause for crossing threshold declaration in bylaws underscores FORVIA’s commitment to governance and transparency. It ensures that stakeholders are always informed regarding changes that may affect their ownership and associated rights.
Conclusion
In conclusion, FORVIA remains committed to transparent corporate governance and allows shareholders to stay informed about their voting rights and the overall capital structure. For investors, knowing the intricacies of these statistics not only informs decisions but also aligns them closer to the company's operational integrity.
Frequently Asked Questions
What does voting rights mean in a share capital context?
Voting rights in share capital refer to the ability of shareholders to vote on company matters, typically proportional to the number of shares owned.
Why are total shares and voting rights important?
These figures help investors understand the company's equity structure and can influence decisions on buying or selling shares.
How are theoretical voting rights calculated?
Theoretical voting rights are calculated by considering all shares that have voting rights, including those without actual voting privileges.
What is the significance of Euronext Paris for FORVIA?
Euronext Paris is essential as it is the platform where FORVIA's shares are traded, providing liquidity and access for investors.
How often does FORVIA report its voting rights?
FORVIA communicates updates on its voting rights regularly, complying with the regulatory obligations to maintain transparency with stakeholders.
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