Understanding Danone's Voting Rights and Share Structure
Overview of Danone's Share Structure
Danone, a recognized French Société anonyme, has a capital of €169,888,497.75, and is firmly established at its registered office situated at 17, boulevard Haussmann, 75009 Paris. The company operates within a highly regulated environment, adhering to obligations set forth in the French Commercial Code and recommendations of the Financial Markets Authority.
Total Number of Shares and Voting Rights
Understanding the total number of voting rights and shares is crucial for current and potential investors. As of the latest reporting date, Danone's total number of shares stood at 679,553,991. This figure reflects the overall ownership structure and provides insights into the potential influence shareholders can wield through their voting rights.
Theoretical and Exercisable Voting Rights
The total theoretical voting rights, which include all shares with voting rights, whether exercised or suspended, amounted to 698,787,761. However, when focusing on the total number of exercisable voting rights, the count is 663,391,093. This distinction is important as it enables stakeholders to assess the real aggregation of voting power that can affect company decisions.
Regulatory Compliance
Danone has consistently adhered to the regulations established under Article 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the Financial Markets Authority. This compliance serves to maintain transparency and trust amongst investors while providing a clear framework for shareholding thresholds.
Importance of Reporting on Voting Rights
Regular reporting on voting rights plays a pivotal role in investor relations. By maintaining an up-to-date disclosure, Danone ensures that investors are well informed about the nature of their holdings and associated powers. This practice aligns with the AMF's recommendations aimed at fostering a transparent market environment for all participants.
Investment Considerations for Stakeholders
For potential investors exploring opportunities within Danone, understanding the intricacies of their share and voting rights is fundamental. The health of a company can often be gauged through its governance practices, making this data essential in decision-making processes about where to allocate resources.
Conclusion
Danone remains committed to ensuring all shareholders are equipped with the necessary information regarding their voting rights and share structure. Through regular updates and compliance with regulatory frameworks, the company solidifies its position within a competitive market while fostering an informed shareholder environment.
Frequently Asked Questions
What is the total number of shares for Danone?
As of the latest report, Danone has a total of 679,553,991 shares outstanding.
How are theoretical and exercisable voting rights different?
Theoretical voting rights include all shares with voting rights, whereas exercisable voting rights account only for shares that can currently vote, excluding any shares with suspended rights.
What regulations does Danone comply with regarding shares?
Danone complies with the French Commercial Code and the regulations set by the Financial Markets Authority regarding share and voting rights disclosure.
Why is understanding voting rights important for investors?
Investors need to understand voting rights to gauge their influence over company decisions, which is critical for strategic investment planning.
Where is Danone's registered office located?
Danone's registered office is located at 17, boulevard Haussmann, 75009 Paris, France.
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