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CODYY Compagnie de Saint Gobain (PK)

14.98
-0.18 (-1.19%)
Last Updated: 15:28:35
Delayed by 15 minutes
Name Symbol Market Type
Compagnie de Saint Gobain (PK) USOTC:CODYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.18 -1.19% 14.98 14.97 14.99 14.98 14.88 14.89 27,654 15:28:35

Saint-Gobain To Cancel 6.1 Million Shares Owned by Company

27/11/2014 6:09pm

Dow Jones News


Compagnie de Saint Gobain (PK) (USOTC:CODYY)
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By William Horobin

PARIS--French building materials group Compagnie de Saint-Gobain SA (SGO.FR) said Thursday it will cancel 6.1 million of shares the company owns.

The 6.1 million shares represent just over 1% of the company's total shares and a little over EUR223.8 million, based on the closing price on the Paris market Thursday.

The company said it is cancelling the shares to compensate for the creation of shares as part of employee shareholding programs this year.

Write to William Horobin at william.horobin@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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