10 Oct 2023 17:13
SAINT-GOBAIN cancels 7.6 million shares
On October 10, 2023, Saint-Gobain cancelled 7,577,049 treasury shares purchased on the market.
Following this operation, the total number of shares composing the capital is 506 million and the number of shares outstanding is now 503 million, compared to 511 million at the end of December 2022.
To date in 2023, the Group has allocated a total of ?496 million to buy back its own shares (net of employee shareholding transactions).
With over ?1.5 billion in shares bought back since 2021, the Group is ahead of its ?2 billion buyback target over five years (2021-2025).
ABOUT SAINT-GOBAIN
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufacturesand 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 decarbonizationof 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".
?51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
For more information about the Group, visit www.saint-gobain.com and follow us on X @saintgobain
Saint Gobain Or (COD)