Compagnie de Saint-Gobain Decrease in capital

RNS Number : 6716O

Compagnie de Saint-Gobain

03 December 2024

 

 

Saint-Gobain cancels 5 million shares

 

 

On December 3, 2024, Saint-Gobain cancelled 4,959,746 treasury shares purchased on the market.  

 

Following this operation, the total number of shares composing the capital is 499 million and the number of shares outstanding is now 497 million, compared to the 502 million at the end of December, 2023.

 

The Group has allocated €420 million to buy back its own shares (net of employee shareholding transactions) in 2024.

 

With €2 billion in shares bought back since 2021, the Group has achieved its target announced as part of its "Grow & Impact" plan (2021-2025), a year ahead of schedule.

 

 

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".

 

€47.9 billion in sales in 2023

160,000 employees, locations in 76 countries

Committed to achieving net zero carbon emissions by 2050

 

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

 

 

 

Analyst/investor relations		Press relations
Vivien Dardel:	[phone]	Patricia Marie:	[phone]
Floriana Michalowska:	[phone]	Laure Bencheikh:	[phone]
Alix Sicaud:	[phone]	Yanice Biyogo:		[phone]
James Weston:	[phone]

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