Capital reduction by cancellation of shares
Capital reduction by cancellation of shares
Neuilly-sur-Seine, France, January 13, 2017
In the context of the 2015 and 2016 share buyback programs, Bureau Veritas (the "Company") purchased 2,360,000 of its own shares as of January 1 until December 31, 2016.
Pursuant to the authorization conferred by the 13th resolution of the Ordinary and Extraordinary Shareholders` Meeting of May 20, 2015, the Company`s Board of Directors, at its meeting of December 16, 2016, decided to cancel 149,600 of the shares bought back, representing 0.03% of the share capital and gave all powers to the Chief Executive Officer at this end.
After taking into account the cancellation of shares, the number of outstanding shares (including stock options exercised as of January 1 until December 31, 2016) is 442,000,000.
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BUREAU VERITAS via GlobeNewswire
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