Previous Close | 23.30 |
Open | 23.30 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 23.30 - 23.30 |
52 Week Range | 18.81 - 30.42 |
Volume | |
Avg. Volume | 2,468 |
Market Cap | 19.496B |
Beta (5Y Monthly) | 1.62 |
PE Ratio (TTM) | 13.47 |
EPS (TTM) | 1.73 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.82 (7.80%) |
Ex-Dividend Date | May 30, 2023 |
1y Target Est | N/A |
COMBINED SHAREHOLDERS MEETING DATED 23 MAY 2023 : VOTING RESULTS Paris, 23 May 2023 Voting results of the resolutions Number of shares making up the share capital: 808 208 965Number of shares with voting rights: 775 035 608Number of shares voting: 414 233 557Number of voting rights attached to the shares voting: 433 221 98925 793 shareholders were present or representedQuorum: 53.45% ResolutionsForAgainst Abstention (*)Votes%Votes% Votes%1Approval of the annual consolidated accounts for the 2022
COMBINED GENERAL MEETING AND BOARD OF DIRECTORS DATED 23 MAY 2023APPOINTMENT OF SLAWOMIR KRUPA, CHIEF EXECUTIVE OFFICER Press release Paris, 23 May 2023 Combined General Meeting The General Meeting of shareholders of Societe Generale was held on 23 May 2023 at Maison de la Mutualité - 24 rue Saint-Victor - 75005 Paris and was chaired by Mr. Lorenzo Bini Smaghi. Quorum was established at 53. 45% (vs 54.83% in 2022): 681 shareholders participated by attending the General Meeting in person at the p
SOCIETE GENERALE CONFIRMS THE LAUNCH OF A GLOBAL EMPLOYEE SHARE OWNERSHIP PROGRAMME Press release Paris, 23 May 2023 Societe Generale confirms the launch of a new global employee share ownership programme allowing eligible current employees and retired former employees of the Group to subscribe for a capital increase reserved for them on preferential terms. The subscription period for the share offer will take place from June 1st to 15th (inclusive). The settlement-delivery of the shares should
Slawomir Krupa has one clear mission when he takes over at Societe Generale on Tuesday: remake France's third-largest lender as a top-tier bank with a distinct identity. The 48-year-old, who has spent his whole career at SocGen, must perform a tricky balancing act, improving returns for shareholders without taking undue risk against a shaky backdrop for bank stocks. "It's very important to clarify (things), where necessary, to all stakeholders and say: That's what Societe Generale is," Krupa, who most recently headed SocGen's investment bank, told Reuters in an interview.
Slawomir Krupa has one clear mission when he takes over at Societe Generale on Tuesday: remake France's third-largest lender as a top-tier bank with a distinct identity. The 48-year-old, who has spent his whole career at SocGen, must perform a tricky balancing act, improving returns for shareholders without taking undue risk against a shaky backdrop for bank stocks. "It's very important to clarify (things), where necessary, to all stakeholders and say: That's what Societe Generale is," Krupa, who most recently headed SocGen's investment bank, told Reuters in an interview.
DESCRIPTION OF THE SHARE BUYBACK PROGRAMME SUBJECT TO THE AUTHORISATION OF THE COMBINED GENERAL MEETING DATED 23 MAY 2023 Regulated Information Paris, 16th May 2023 This description is drawn up in accordance with the provisions of Article 241-2-I of the General Regulation of the French Financial Markets Authority (“Autorité des marches financiers”). 1. Date of the General Meeting called to authorise the share buyback programme The authorisation for the Company to buy its own shares will be propo
AVAILABILITY OF THE FIRST AMENDMENT TO THE 2023 UNIVERSAL REGISTRATION DOCUMENTRegulated Information Paris, 12 May 2023 Societe Generale hereby informs the public that the first amendment to the 2023 Universal Registration Document filed on 13th March 2023 under number D.23-0089, has been filed with the French Financial Markets Authority (AMF) on 12th May 2023 under number D-23-0089-A01. This document is made available to the public, free of charge, in accordance with the conditions provided for
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PARIS (Reuters) -French bank Societe Generale posted better than expected quarterly earnings on Friday after turmoil in bond and currency markets boosted its trading business. The trading windfall cushioned a slump in SocGen's French retail division, where earnings were curbed by stricter interest rate caps on mortgages and other loans. The results come less than two weeks before investment bank chief Slawomir Krupa takes the helm.
French bank Societe Generale posted better than expected quarterly earnings on Friday after turmoil in bond and currency markets boosted its trading business. The trading windfall cushioned a slump in SocGen's French retail division, where earnings were curbed by stricter interest rate caps on mortgages and other loans. The results come less than two weeks before investment bank chief Slawomir Krupa takes the helm.
Societe Generale, France's third-biggest listed bank, posted better-than-expected quarterly earnings on Friday as turmoil in bond and currency markets boosted its trading business. The trading windfall cushioned a slump in SocGen's French retail division, where earnings were curbed by stricter rules on mortgage rate fixing. Group net income rose 5.7% from a year earlier to 868 million euros ($955.49 million) for the three months ending in March, almost double the average of four analyst estimates compiled by Refinitiv.
RESULTS AT 31 MARCH 2023 Press releaseParis, 12 May 2023 SOLID RESULTS AND FUNDAMENTALS Robust business performance driven by strong growth at Boursorama, ALD and International Retail Banking, and an excellent contribution by Global Banking and Investor Solutions, while French Retail Banking has been temporarily impacted by a decrease in the net interest marginGroup Revenues down -3.8%* under IFRS 17 vs. Q1 22 with business revenues up by +0.3%* vs. Q1 22 Underlying cost-to-income ratio, excludi
SOCIETE GENERALE : Number of shares composing current share capital and Total number of voting rights as of 30/04/2023Regulated Information Paris, 10 May 2023 Information about the total number of voting rights and shares pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulations. DateNumber of shares composing current share capitalTotal number ofvoting rights30 April 2023808,208,965Gross: 882,680,247 Press contact: Jean-Baptiste Froville_+33 1
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AVAILABILITY OR CONSULTATION OF THE INFORMATION RELATING TO THE COMBINED GENERAL MEETING OF SHAREHOLDERS DATED 23 MAY 2023 Press release Paris, 18 April 2023 The Combined General Meeting of shareholders will be held on 23 May 2023, at 4 pm, at the Maison de la Mutualité - 24 rue Saint-Victor - 75005 Paris. The notice of meeting and the convening notice relating to this Meeting were respectively published in the Bulletins des Annonces Légales Obligatoires (BALO) dated 10 March and 17 April 2023.
SOCIETE GENERALE : NUMBER OF SHARES COMPOSING CURRENT SHARE CAPITAL AND TOTAL NUMBER OF VOTING RIGHTS AS OF 31/03/2023Regulated Information Paris, 13 April 2023 Information about the total number of voting rights and shares pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulations. DateNumber of shares composing current share capitalTotal number ofvoting rights31 March 2023808,208,965Gross: 882,704,367 Press contact: Jean-Baptiste Froville_+33
Societe Generale SA and BNP Paribas SA on Thursday won the dismissal of a lawsuit in New York accusing them of trafficking in assets that Fidel Castro's government seized in 1960 from the former owners of a Cuban bank. It was brought by 12 heirs, mostly children and grandchildren, of Carlos and Pura Nuñez, who had owned Banco Nuñez before and during the Cuban Revolution. SocGen and Paribas were accused of evading U.S. sanctions by doing business with Cuba's central bank after it nationalized and absorbed Banco Nuñez and other lenders, resulting in more than $1 billion of profit for the French banks since 2000.
Societe Generale pulled out of Texas-based energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project last year, the French bank disclosed for the first time on Tuesday, in news that could help explain the project's repeated delays. Without commenting on this specific decision, a SocGen spokesperson pointed to its climate commitments, which include ending all LNG financing where the project is not aligned with the bank's human rights and environmental, social and governance goals. As the project's mandated financial adviser, SocGen had been the lead bank in the financing of some $11.5 billion for the LNG plant before exiting this role in the first quarter of 2022.
PARIS (Reuters) -French authorities on Tuesday searched the Paris offices of five banks, including Societe Generale, BNP Paribas and HSBC, on suspicion of fiscal fraud, part of a broad European probe into the dodging of dividend tax payments. Societe Generale and BNP Paribas confirmed the searches, declining further comment. The French prosecutors' actions are the latest to hit global banks over the dividend tax fraud scheme as similar investigations have been conducted in Germany and other European countries.
By Geoffrey Smith
(Reuters) -At least four major banks, including Societe Generale SA and Deutsche Bank AG, are restricting new trades involving Credit Suisse Group AG or its securities, according to five sources with direct knowledge of the matter, as the Swiss bank struggles to restore confidence. Credit Suisse declined to comment. The cautious stance adopted by Credit Suisse’s rivals, details of which have not been reported before, comes after the Swiss central bank threw a lifeline to the lender after its shares were pummelled in the aftermath of the U.S. banking crisis this week.
PRESS RELEASERegulated information Paris, 13 March 2023 Availability of the 2023 Universal Registration Document, the annual financial report and the report on corporate governance Societe Generale hereby informs the public that the French version of the 2023 Universal Registration Document was filed with the French Financial Markets Authority (AMF) on 13 March 2023. The 2023 Universal Registration Document includes: • the 2022 annual financial report and • the report on corporate governance pre
SOCIETE GENERALE: NUMBER OF SHARES COMPOSING CURRENT SHARE CAPITAL AND TOTAL NUMBER OF VOTING RIGHTS AS OF 28/02/2023Regulated Information Paris, 13 March 2023 Information about the total number of voting rights and shares pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulations. DateNumber of shares composing current share capitalTotal number ofvoting rights28 February 2023808,208,965Gross: 884 373 344 Press contact: Jean-Baptiste Froville_+
PARIS (Reuters) -Societe Generale's incoming CEO Slawomir Krupa will cut the number of top management executives at the French bank by half and has hired Anne-Christine Champion from Natixis to co-lead investment banking. The number of top executives at France's third-biggest bank will drop to 13 from 27 and seven of the 13 will be women, Krupa, who is due to take the helm in late May, said in a call to reporters on Thursday. The new team will present a new strategic plan in the third quarter.
SLAWOMIR KRUPA PROPOSES NEW EXECUTIVE GOVERNANCE AND MANAGEMENT TEAM AS OF 24 MAY 2023Press release Paris, 9 March 2023 On 8 March, Slawomir Krupa presented to the Societe Generale Board of Directors the new executive governance structure and management team that he plans to put in place once he takes up his role as Chief Executive Officer. The Board will propose Slawomir Krupa as director to the Annual General Meeting of 23 May 2023 with a view of appointing him CEO on the same day. To assist t