REG - Compagnie St-Gobain - Capital reduction

Compagnie de Saint Gobain SAAnnouncement

10/10/2023 17:15

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RNS Number : 6877P  Compagnie de Saint-Gobain  10 October 2023

 

 

 

 

SAINT-GOBAIN cancels 7.6 million shares

 

 

On October 10, 2023, Saint-Gobain cancelled 7,577,049 treasury shares
purchased on the market.

 

Following this operation, the total number of shares composing the capital is
506 million and the number of shares outstanding is now 503 million, compared
to 511 million at the end of December 2022.

 

To date in 2023, the Group has allocated a total of €496 million to buy back
its own shares (net of employee shareholding transactions).

 

With over €1.5 billion in shares bought back since 2021, the Group is ahead
of its €2 billion buyback target over five years (2021-2025).

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures

and distributes materials and services for the construction and industrial
markets. Its integrated solutions for the renovation of public and private
buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation
process and provide sustainability and performance. The Group's commitment is
guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

 

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about the Group, visit www.saint-gobain.com and follow us
on X @saintgobain

 

 

 

 

 

 

 

 

 

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