Sodexo Announces Share Capital and Voting Rights Update
Monthly Update on Sodexo's Share Capital and Voting Rights
In the latest announcement, Sodexo has provided a comprehensive disclosure regarding its share capital and the associated voting rights as of the end of September. This monthly update is crucial for investors and stakeholders to understand the company's current standing.
Understanding the Disclosure
The disclosure includes key metrics that reflect the ownership structure and voting capabilities of shareholders. As stipulated in the French Commercial Code and the regulations set forth by the Autorité des Marchés Financiers, the document aims to provide transparency for stakeholders.
The registered entity responsible for this information is SODEXO, which has its registered address detailed as located in Issy-les-Moulineaux. Regular updates like these ensure that both current and potential investors are well-informed about any changes that could impact their investment decisions.
Current Share and Voting Rights Data
As of September 30, 2024, Sodexo reported the following figures:
- Total number of shares: 147,454,887
- Actual voting rights: 217,398,015
- Theoretical voting rights: 218,632,240
These numbers provide insight into the voting landscape within the company, where all shares typically hold equal voting rights, with some exceptions for treasury shares.
Additional Insights on Voting Rights
Sodexo's voting rights structure is designed to empower its shareholders, with actual voting rights being broad-based across issued shares. However, treasury shares do not confer voting rights, reinforcing the principle of encouraging shareholder participation in corporate governance.
Moreover, shares that are registered and held for more than four years benefit from double voting rights, reflecting a commitment to long-term ownership within its equity structure.
Sodexo: A Commitment to Sustainability
Sodexo is not just a company that focuses on share capital; it is also a leader in sustainable practices across various sectors. Founded in 1966 by Pierre Bellon, the company has roots deeply embedded in promoting responsible business practices.
As the world's largest provider of food and facilities management services, Sodexo is dedicated to enhancing the quality of life for its employees and the communities it serves. The commitment to sustainability aligns with its growth strategy, emphasizing that corporate accountability and social responsibility go hand in hand.
Key Company Figures
Here are some key figures highlighting Sodexo's operational scale and performance:
- Consolidated revenues reached €22.6 billion for the fiscal year 2023.
- The company employs approximately 430,000 individuals as of the latest reports.
- Sodexo is recognized as the #1 France-based private employer globally.
- Operating in 45 countries, Sodexo successfully serves 80 million consumers on a daily basis.
- As of July 1, 2024, Sodexo's market capitalization stands at €12.6 billion.
Frequently Asked Questions
What is the purpose of Sodexo's monthly disclosures?
The monthly disclosures provide transparency regarding share capital and voting rights, ensuring stakeholders have the necessary information for informed decisions.
How does the voting rights structure work at Sodexo?
Sodexo’s voting rights allow equal voting power among shareholders, with some exceptions for treasury shares, which do not have voting rights.
What initiatives does Sodexo undertake for sustainability?
Sodexo implements various sustainable practices through its food and facilities management services to enhance community living standards.
How many employees does Sodexo have?
Sodexo employs around 430,000 individuals as part of its extensive global operations.
Where can I find more information about Sodexo's financial performance?
Detailed financial performance and updates can typically be found in quarterly reports and SEC filings from Sodexo.
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