Capital Increase Reserved for Employees and Former Employees of the Total Group in 2019
TOTAL SA (TOT)
Last total sa earnings: 2/7 04:01 pm
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US:NYSE Investor Relations:
total.com/en/investors
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)-- Regulatory News: In accordance with its ambitious policy in favor of Employee Shareholding, TOTAL S.A. (the “Company”) (Paris:FP) (LSE:TTA) (NYSE:TOT) is implementing its annual capital increase reserved for employees and former employees of the TOTAL group (the “Group”). Through this operation, TOTAL S.A. intends to continue involving its employees in the Group’s business and growth. Employee shareholders, within the meaning of Article L. 225-102 of the French Commercial Code, held 4.79% of the Company’s share capital as of December 31, 2018. The eighteen resolution of the Shareholders’ Meeting of June 1, 2018 granted the Company’s Board of Directors (the “Board”) the authority to decide, within a maximum period of 26 months, to carry out one or more capital increases of ordinary shares without preferential subscription rights, not to exceed 1.5% of the Company's share c
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