Voting Rights and Share Capital Overview for FORVIA's Stakeholders

Understanding the Share Capital and Voting Rights of FORVIA
FORVIA provides vital information regarding its share capital and voting rights structure. This insight is essential for stakeholders and investors who wish to understand their position within the company.
Total Number of Voting Rights
According to Article L. 233-8 II of the French Commercial Code, companies like FORVIA must disclose their total number of voting rights on a regular basis. This transparency helps shareholders gauge the extent of their influence in corporate decisions.
Key Figures on Shares and Voting Rights
As of the latest disclosures, the company has a total of 197,089,340 shares. The total number of theoretical voting rights is an impressive 231,430,542. However, after accounting for shares deprived of voting rights, the total number of exercisable voting rights drops to 219,384,193. This number reflects the actual influence shareholders can exert during corporate governance events.
Clarifications on Voting Rights
It’s crucial for shareholders to distinguish between theoretical and exercisable voting rights. The theoretical voting rights include all shares, regardless of whether they can vote. The exercisable voting rights, on the other hand, are strictly those that come from shares able to cast votes. Recent adjustments have clarified that the total exercisable voting rights previously reported had a clerical error. Ensuring accurate reporting maintains trust and reliability among investors.
Investing in Euronext Paris
FORVIA is traded on Euronext Paris, which sets a transparent platform for shares. Being listed on a notable exchange like Euronext enhances the visibility of FORVIA, thereby potentially attracting more investors. Additionally, the ISIN Code FR0000121147 and LEI Code 969500F0VMZLK2IULV85 offer security and authenticity for prospective and current shareholders.
Corporate Governance and Threshold Disclosure
One important aspect of FORVIA's corporate governance is the inclusion of a clause in the bylaws that mandates the declaration of crossing thresholds. This requirement is crucial for shareholders as it emphasizes accountability and transparency in significant shifts in share ownership. Knowing when ownership crosses certain thresholds allows stakeholders to make informed decisions about their investments.
Conclusion on FORVIA’s Shareholder Value
Understanding the dynamics of voting rights and share capital is fundamental for stakeholders in FORVIA. As the company continues to evolve, keeping abreast of such key figures assures investors they can strategically position themselves within the organization. Transparency in these areas reinforces confidence in the company’s governance and investment potential.
Frequently Asked Questions
What are the total number of shares issued by FORVIA?
FORVIA has a total of 197,089,340 shares currently issued.
How are voting rights calculated in FORVIA?
Voting rights are calculated based on all shares that have voting rights attached, accounting for any shares that may not be entitled to vote.
What has changed regarding the reporting of exercisable voting rights?
There was a correction in the reported total of exercisable voting rights due to a clerical error, affecting the number reported previously.
Where is FORVIA traded?
FORVIA is traded on Euronext Paris.
What is the significance of crossing thresholds in share ownership?
Crossing thresholds in share ownership can trigger specific declarations that ensure transparency and allow shareholders to understand significant changes in ownership dynamics.
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