DASSAULT SYSTEMES SA ADR - DASTY STOCK NEWS

Dassault Systèmes reported details on its share repurchase program, decided on May 26, 2020. On May 19, 2021, the company executed several transactions involving its ordinary shares. A total of 27,536 shares were acquired at a daily weighted average price of €181.1230 on the XPAR market. The report emphasizes the ongoing commitment of Dassault Systèmes to enhance shareholder value through strategic buybacks.

Dassault Systèmes has announced a five-for-one stock split effective July 7, 2021, following a substantial share price increase from €73.77 to €166.15 (125% growth) between 2015 and 2020. This decision was made during the General Meeting of Shareholders on May 26, 2021, aiming to enhance liquidity and broaden the investor base. Each shareholder holding shares at the split will receive five new shares with a reduced par value, ensuring no impact on their rights. CEO Bernard Charles emphasized the growth outlook and a $100 billion potential market.

Dassault Systèmes has announced the details for its Combined Shareholders’ Meeting set for May 26, 2021, at 3 pm. The meeting will take place in camera at the company's headquarters in Vélizy-Villacoublay. Preliminary documents and the agenda were published on April 16, 2021, and are accessible on the company's website. Additional documents related to the meeting, including those mandated by the French Commercial Code, have been available since May 10, 2021. The information is also included in Dassault Systèmes’ 2020 Annual report.

Dassault Systèmes announced the total number of its outstanding shares and voting rights as of April 30, 2021. The company reported 265,574,581 outstanding shares and 397,355,458 voting rights. This data is disclosed in compliance with the General Regulation of the Autorité des marchés financiers. The total voting rights include those attached to suspended voting rights, with guidance provided for shareholders regarding the declaration of threshold crossings.

Dassault Systèmes reported strong first quarter 2021 results, exceeding guidance. IFRS EPS rose 54% to €0.66; non-IFRS EPS increased 20% to €1.14. Total revenue reached €1.17 billion, growing 9% year-over-year, with software revenue up 11%. Notable growth was seen in China and North America, driven by a 25% increase in licenses and other software revenue. Operating cash flow surged 40% to €642 million. The company reaffirmed its 2021 objectives, estimating revenue growth of 9-10% and upgraded EPS expectations to €4.24-4.28.

Bouygues Construction and Dassault Systèmes have renewed their strategic partnership to enhance digital transformation in the construction industry. This three-year roadmap focuses on cloud-based and mobile-enabled approaches to improve project management and sustainability. Utilizing the 3DEXPERIENCE platform, the companies aim to create a construction virtual twin to streamline collaboration and industrialize project management. The collaboration will enhance productivity, quality, and compliance while aiming to reduce waste and energy usage across projects.

Dassault Systèmes will publish its first quarter 2021 results on April 28, 2021, after the quarter ended on March 31, 2021. A webcast is scheduled at 10:00 AM Paris time and a conference call at 9:00 AM New York time. Both events will be available live and as a replay on the company's investor website. Investors are advised to connect at least 15 minutes prior to each event to ensure registration and software installation. The webcast and conference call will be archived for a year.

Dassault Systèmes will release its first quarter 2021 results on April 28, 2021, reporting on performance ending March 31, 2021. A webcast will take place at 10:00 am Paris time and a conference call at 9:00 am New York time. Both events will be accessible live and afterward on the company’s investor website. Dassault Systèmes, known for its 3D design and Product Lifecycle Management solutions, serves over 270,000 customers across more than 140 countries.

Atos, Dassault Systèmes, Groupe Renault, STMicroelectronics, and Thales have launched the Software République, an open ecosystem aimed at intelligent and sustainable mobility. The initiative responds to the projected 60% growth in the global mobility market by 2035, creating opportunities for collaboration among tech leaders. Key focus areas include secure connectivity, data management, and simplifying the charging experience for electric vehicles. The ecosystem will also foster innovation through an investment fund and incubator for startups.