Reduction in Capital Subsequent to Share Cancellation
During its meeting on September 28, 2023, the Board of Directors made the decision to decrease the Company’s share capital in accordance with Resolution 18 that was passed during the Shareholders’ General Meeting on May 3, 2023. As a result, the share capital is reduced by a total of 660,000.00 euros, going from 2,878,976,490.50 euros to 2,878,316,490.50 euros. This reduction is achieved through the cancellation of 120,000 shares that were acquired by the Company based on the resolution approved during the General Shareholder Meeting on May 4, 2022 (Resolution 4).
The difference between the purchase price of these shares (18,112,284.00 Euros) and their corresponding per value (660,000.00 euros) will be allocated to the “Additional paid-in capital” account for a total of 17,452,284.00 Euros.
Consequently, the share capital will be reduced to 2,878,316,490.50 euros.
Share Capital Increase Following the Exercise of Stock Options
The Board of Directors, during its meeting on September 28, 2023, acknowledged that from January 1st, 2023 to August 31, 2023, a total of 364,079 new shares with a par value of 5.50 euros each were issued as a result of stock option exercises. This increase in share capital is based on the share capital resulting from the cancellation of shares as determined by the Board of Directors.
As a result, the Company’s new share capital amounts to:
2,880,318,925.00 euros
This share capital is divided into 523,694,350 fully paid-up shares with a par value of 5.50 euros each.
Air Liquide: Leading the Way in Gases, Technologies, and Services
Air Liquide, a global leader in gases, technologies, and services for Industry and Health, has a strong presence in 73 countries worldwide. With approximately 67,100 employees, the company caters to over 3.9 million customers and patients. Since its inception in 1902, Air Liquide has been centered around the fundamental importance of oxygen, nitrogen, and hydrogen in various aspects of life, matter, and energy.
A Proactive Approach for a Sustainable Future
Air Liquide’s strategic plan for 2025, called ADVANCE, reflects the company’s commitment to taking action in the present while preparing for the future. This plan aims to achieve global performance by integrating both financial and extra-financial aspects. As Air Liquide explores new markets, it leverages its strong business model, innovative capabilities, and technological expertise. The company specializes in developing solutions that contribute to climate and energy transition, with a particular focus on hydrogen. Additionally, Air Liquide actively pursues advancements in healthcare, digital technologies, and high-tech sectors.
Impressive Financial Achievements and Market Presence
In 2022 alone, Air Liquide generated revenue surpassing 29.9 billion euros. The company is listed on the Euronext Paris stock exchange (compartment A) and is included in prominent indexes such as CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good, and DJSI Europe.
For more information, visit www.airliquide.com.
