Societe Generale: Capital reduction by cancellation of treasury shares


CAPITAL REDUCTION BY CANCELLATION OF TREASURY SHARES

Regulated Information

Paris, 17 November 2023

Meeting on November 2, 2023, the Board of Directors, with the authorization of the Extraordinary General Meeting of May 17, 2022, decided to decrease, on November 17, 2023, the share capital of Societe Generale by cancellation of 17,777,697 shares repurchased, pursuant to the shareholder return policy, from August 7 to September 22, 2023 included.

From now on, the share capital of Societe Generale amounts to 1,003,724,927.50 euros, divided into 802,979,942 shares, each with an unchanged nominal value of 1.25 euros.

Information regarding total amount of voting rights and shares will be updated and available in the following section “Monthly reports on total amount of voting rights and shares”: https://investors.societegenerale.com/en/financial-and-non-financial-information/regulated-information-and-other-important-information

Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com


Societe Generale

Societe Generale is a top tier European Bank with 117,000 employees serving 25 million clients in more than 60 countries across the world. We have been supporting the development of our economies for nearly 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective - to deliver sustainable value creation for all our stakeholders.

The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

  • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital Bank BoursoBank.
  • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in Equity Derivatives, Structured Finance and ESG.
  • International Retail, Mobility & Leasing Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

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