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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Societe Generale SA | EU:GLE | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.24 | 0.96% | 25.335 | 25.30 | 25.40 | 25.595 | 25.235 | 25.35 | 2,394,809 | 16:40:00 |
From Apr 2019 to Apr 2024
By Nathan Allen
Societe Generale SA France (GLE.FR) said Wednesday that it will increase its share capital by 4.9% after shareholders owning a majority of its shares chose to receive the 2018 dividend in new shares.
The French lender said it will issue 39.8 million shares after shareholders controlling just over 50% of its capital opted to receive new shares rather than cash.
Issuing the new shares will reduce Societe Generale's CET1 ratio--a measure of capital strength--by 24 basis points, the bank said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
June 12, 2019 02:40 ET (06:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Societe Generale Chart |
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