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.

About Saint-Gobain

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.

Analyst/Investor Relations

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

Press Contact

Sophie Chevallon Susanne Trabitzsch    
+33-1-47-62-30-48
+33-1-47-62-43-25

SOURCE Saint-Gobain

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here