Saint-Gobain Cancels 9.5 Million Shares
PARIS, June 1, 2012 /PRNewswire/ --
In line with the strategy to stabilize the number of outstanding Saint-Gobain shares, on May 31, 2012 the Company cancelled 9.5 million shares held in treasury stock. The shares were originally acquired under the buyback program and were designated as being held for cancellation to offset the new shares issued in the last two years, mainly under the Group Savings Plan but also under the stock option, stock grant and performance share plans.
Following this transaction, there are now 531,052,614 shares outstanding.
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2011 sales of €42.12 billion, Saint-Gobain operates in 64 countries and has nearly 195,000 employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com.
Florence Triou-Teixeira: +33-1-47-62-45-19
Vivien Dardel: +33-1-47-62-44-29
Alexandra Baubigeat: +33-1-47-62-30-93
Sophie Chevallon Susanne Trabitzsch
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