Soitec's Share Capital and Voting Rights Update Overview
Understanding Soitec's Voting Rights and Share Capital
Soitec, a recognized leader in innovative semiconductor materials, has recently provided important updates regarding the total number of voting rights and shares that constitute its share capital. This information is essential for stakeholders, including investors and analysts, as it impacts decision-making and understanding of the company's structure and governance.
Latest Information on Voting Rights
According to the company's recent statement, the latest declaration regarding voting rights has notably replaced a prior update, enhancing the transparency of Soitec's corporate actions. This ongoing commitment to clear communication demonstrates Soitec's proactive approach in keeping investors informed about significant changes.
The total number of ordinary shares forming the company’s share capital stands at 35,726,462. Each share bears a par value of €2.00 and is actively traded on the Euronext Paris regulated market under ISIN code FR0013227113, also known by its mnemonic identifier, “SOI”.
Breakdown of Voting Rights
In the context of voting rights, the company categorizes these into three distinct types: theoretical (or gross) voting rights and exercisable (or net) voting rights. As of the reporting date, which was at the end of March, the theoretical number of voting rights amounted to 45,641,575, whereas the number of exercisable voting rights, after adjustments, was noted at 45,567,342.
Why Voting Rights Matter
The distinction between gross and net voting rights is crucial for shareholders as it reflects the count of shares eligible for voting, thus influencing governance and control within the company. This delineation is guided by regulations that ensure all share types, including those with no voting rights like treasury shares, are accounted for, providing a comprehensive view of stakeholder influence.
Company Overview
Soitec's agility in the semiconductor space has been evident for over three decades. The company, headquartered in France, operates a global network of facilities and generated impressive sales figures of over 1 billion Euros in its most recent fiscal year. Its product offerings prioritize technological performance and energy efficiency, positioning Soitec effectively within significant markets, including Mobile Communications, Automotive, and Cloud AI.
The workforce at Soitec is remarkably diverse, with around 2,300 employees representing 50 different nationalities. This diversity fosters innovation and drives the company’s success in developing advanced materials, as evidenced by the registration of over 4,000 global patents. Moreover, trademarks like SmartSiC™ and Smart Cut™ highlight their commitment to pioneering technology.
Contacting Soitec
For additional inquiries or information, stakeholders can reach out through the investor relations email at investors@soitec.com. Similarly, media-related queries can be sent to media@soitec.com. Soitec values open communication and aims to maintain transparency with all parties interested in its operations.
Frequently Asked Questions
What does the total number of shares represent?
The total number of shares indicates the equity stake in the company, important for both investors and for understanding ownership distribution.
What are voting rights at Soitec?
Voting rights determine how shareholders can influence company decisions and governance, based on the number of shares they hold.
Why is it important to differentiate between gross and net voting rights?
Knowing the differences helps shareholders understand their actual voting power and the impact of potential restrictions or categories of shares.
How does Soitec's shareholder structure impact governance?
Shareholder structure directly affects decision-making processes and the overall governance of the company, influencing strategies and leadership.
How can I stay updated on Soitec's financial and operational performance?
Following company announcements, subscribing to newsletters, and engaging with investor relations can keep you informed about Soitec's developments.
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