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Information about the Company
| Corporate Governance | Reports
Share Capital
2.2. Share Capital
2.2.1.
Amount of Issued Share Capital
As of December 31, 2014, the Company’s share capital amounted to
€7,433,803,509.00, divided into 1,351,600,638 shares with a par value
of €5.50 per share.
Since March 3, 2015, the share capital has amounted to
€7,441,953,871.00, divided into 1,353,082,522 shares with a par value
of €5.50 each.
All shares may be held in registered or bearer form and are freely
negotiable. The shares are traded on Euronext Paris (Compartment A)
(ISIN code: FR0000127771).
2.2.2.
Shares not Representing Capital
Not applicable.
2.2.3.
Authorized but Non-Issued Share Capital
Details of delegations of authority and authorizations approved by the
Combined Shareholders’ Meetings of April 30, 2013 and June 24, 2014
and submitted to the Combined Shareholders’ Meeting of April 17, 2015
are presented below.
Issues of securities with preferential subscription rights
Transactions
Resolution
number – Year
Duration of the
authorization (expiry date)
Maximum nominal amount
of share capital increase
Capital increase (ordinary shares and marketable
securities giving right to shares)
15
th
– 2015
13
th
– 2013
26 months (June 2017)
26 months (June 2015)
(a)
750 million, i.e., ≈ 10% of the share capital
1.5 billion, i.e., 20.6% of the share capital
Capital increase by incorporation of reserves
and grant of shares to shareholders
19
th
– 2015
15
th
– 2013
26 months (June 2017)
26 months (June 2015)
(b)
375 million, i.e., ≈ 5% of the share capital
1 billion, i.e., 13.7% of the share capital
Issues of securities without preferential subscription rights
Transactions
Resolution
number – Year
Duration of the
authorization (expiry date)
Maximum nominal amount of share capital
increase
Contributions in kind to the Company
16
th
– 2015
14
th
– 2013
26 months (June 2017)
26 months (June 2015)
(b)
10% of the share capital
10% of the share capital
Issues reserved for employees of Vivendi
Transactions
Resolution
number – Year
Duration of the
authorization (expiry date)
Main Terms
Share capital increase reserved for employees
that are members of the Group’s Savings Plan (PEG)
17
th
- 2015
15
th
- 2014
26 months (June 2017)
26 months (August 2016)
(b) (c)
Maximum of 1% of the share capital
on the Management Board’s decision date
18
th
– 2015
16
th
- 2014
18 months (Oct 2017)
18 months (Dec 2015)
Grant of existing or future performance shares
14
th
– 2014 38 months (August 2017)
(d)
Maximum of 1% of the share capital
on the grant date
Share repurchase program
Transactions
Resolution
number – Year
Duration of the
authorization (expiry date)
Main Terms
Share repurchases
13
th
– 2015
12
th
– 2014
18 months (Oct. 2016)
18 months (Dec. 2015)
10% of the share capital
Maximum purchase price: €20 (135.30 million shares)
(e)
10% of the share capital
Maximum purchase price: €24
Share cancellations
14
th
– 2015
13
th
– 2014
18 months (Oct. 2016)
18 months (Dec. 2015)
(f)
10% of the share capital
over a 24-month period
(a)
Aggregate maximum amount for capital increases, all transactions included.
(b)
This amount is applied to the maximum total amount of €750 million, set in the 15
th
resolution of the 2015 Combined Shareholders’ Meeting.
(c)
Not used in 2014.
(d)
No utllization of this resolution in 2014. Used in February 2015 for 0.12% of the share capital.
(e)
Used for 0.1% of capital to cover performance share plans.
(f)
No share cancellations over the last 24 months.
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Annual Report 2014