Reduction in capital subsequent to share cancellation
PARIS, August 10, 2022--(BUSINESS WIRE)--Regulatory News:
Air Liquide (Paris:AI):
The Board of Directors during its meeting of July 27, 2022, decided to reduce the Company’s share capital in accordance with Resolution 18 voted during the Shareholders’ General Meeting of May 4, 2022. Consequently, the share capital is reduced by a total of 6,043,950.00 Euros (from 2,884,069,820.50 Euros to 2,878,025,870.50 Euros) via the cancellation of 1,098,900 shares acquired by the Company in accordance with resolution approved during the General Shareholder Meeting of May 4, 2021 (Resolutions 4).
The difference between the purchase price (158,827,213,80 Euros) of these shares and their corresponding per value (6,043,950.00 Euros) will be affected to the "Additional paid-in capital" account for an amount of 152,783,263.80 Euros.
As a result, Air Liquide’s share capital effective immediately stands at:
Divided into 523,277,431 shares with a par value of 5.50 euros each.
A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
Air Liquide’s ambition is to be a leader in its industry, deliver long term performance and contribute to sustainability - with a strong commitment to climate change and energy transition at the heart of its strategy. The company’s customer-centric transformation strategy aims at profitable, regular and responsible growth over the long term. It relies on operational excellence, selective investments, open innovation and a network organization implemented by the Group worldwide. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environment transition, changes in healthcare and digitization, and delivers greater value to all its stakeholders.
Air Liquide’s revenue amounted to more than 23 billion euros in 2021. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50 and FTSE4Good indexes.
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