Voting Rights Declaration: Accountability on Key Metrics

Author: Dylan Bailey Updated: 07-07-2025 12:08 PM

Understanding Voting Rights Declaration

It's essential for shareholders to be well-informed about their voting rights within a company. The recent declaration of voting rights outlines key metrics that indicate the company's total number of voting rights and shares. This declaration is mandated under L.233-8 II of the code of commerce and article 223-16 of the general rules of the French market authority.

Key Metrics in the Declaration

The voting rights information reported is vital for understanding your stake in the company. According to the latest disclosure, as of June 30, 2025, there are a total of 262,769,869 shares outstanding. This reflects the company's extensive shareholder base and commitment to transparency.

Total Number of Voting Rights

The theoretical number of voting rights is reported as 370,049,931. This figure encompasses all types of voting rights, including those that may offer certain shareholders double voting power. Such provisions are often in place to encourage long-term investment and active shareholder participation.

Importance of Transparency in Corporate Governance

Corporate governance demands attention to detail when it comes to voting rights. Transparency in reporting these metrics helps to build trust between the company and its shareholders. Moreover, understanding the dynamics of voting rights allows shareholders to make informed decisions during crucial company meetings.

What Are Theoretical Voting Rights?

Theoretical voting rights consider every voting right linked with the shares, including those associated with double voting scenarios. This methodology aims to provide a more comprehensive view of how shares can influence company decisions.

Attachments for Further Reference

The declaration may also include associated documents that provide greater context. While detailed reports are essential, this particular shareholders' communication responsibly offers concise information about voting rights without overwhelming readers.

Frequently Asked Questions

What are voting rights?

Voting rights give shareholders the power to vote on important company decisions, including board elections and major changes to corporate policy.

How many shares are currently outstanding?

As of June 30, 2025, there are 262,769,869 shares outstanding in the company.

What does the term 'theoretical voting rights' mean?

Theoretical voting rights refer to the total number of voting rights assigned to shares, including double voting rights where applicable.

Why is transparency in voting rights important?

Transparency builds shareholder trust and allows better-informed decision-making during corporate governance processes.

How are voting rights calculated for shareholders?

Voting rights are generally calculated based on the number of shares held and any applicable rights that may confer additional votes to certain shareholders.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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