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Understanding Coface's Share Capital and Voting Rights Overview

Understanding Coface's Share Capital and Voting Rights Overview

Overview of Coface's Share Capital and Voting Rights

Coface SA, known for its integral role in financial services, recently shared detailed information regarding its share capital and voting rights. This timely disclosure reinforces the company's commitment to transparency and governance.

Details of Shares and Voting Rights

As of a recent evaluation, Coface has a total of 150,179,792 shares issued, which are all fully paid. These shares reflect the company's robust capital structure and ongoing operations. The theoretical number of voting rights also stands at 150,179,792, indicating no discrepancies from the total shares issued. However, when accounting for shares held by the company itself, the number of real voting rights comes to 149,506,903.

Clarification of Shares and Voting Rights

It is important to note the distinction between the theoretical number of voting rights and the real voting rights. The theoretical figure includes all shares, while the real number excludes shares held by Coface, indicating the actual voting power in shareholder meetings.

Regulatory Measures and Security

Coface SA has taken significant steps to secure its regulated documents using blockchain technology. This innovative approach enhances the authenticity of their disclosures, allowing stakeholders to verify information with ease. This initiative showcases Coface's commitment to adopting new technologies for improved transparency.

Understanding Coface SA's Corporate Structure

Coface operates as a société anonyme, essentially a joint-stock corporation. Governed by the French Commercial Code, it upholds stringent regulations. The company is officially registered and closely adheres to laws ensuring corporate accountability.

Corporate Office and Governance

The registered office of Coface is strategically located in Bois Colombes, France. This central positioning underscores their operational focus while providing accessibility for investors and stakeholders. Coface’s Board of Directors plays a pivotal role in steering the company’s strategic direction, highlighting the importance of governance.

Financial Snapshot

As of the end of the previous fiscal year, Coface's share capital was documented as €300,359,584. This figure, divided evenly among the total number of shares, reflects a stable and healthy financial environment. The company continues to thrive, showcasing its resilience and adaptability in a fluctuating market.

Frequent Updates and Further Information

Coface ensures that all regulated information is easily accessible on its corporate website. Stakeholders can find a wealth of resources, including financial disclosures and governance updates, which are crucial for making informed investment decisions.

Frequently Asked Questions

What is the total number of shares for Coface SA?

The total number of shares issued by Coface SA stands at 150,179,792.

How many voting rights does Coface have theoretically?

The theoretical number of voting rights is also 150,179,792, which includes all shares issued.

What is the actual number of voting rights?

The number of real voting rights, excluding shares held by Coface, amounts to 149,506,903.

What technology does Coface use to secure its records?

Coface employs blockchain technology to secure and authenticate its regulated documents.

Where is Coface’s corporate office located?

The registered office of Coface is located at 1 Place Costes et Bellonte, 92270 Bois Colombes, France.

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