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As of February 28, 2023, Rémy Cointreau reported a total of 50,785,696 shares outstanding, with 78,794,339 exercisable voting rights. The company also holds 79,142,278 theoretical voting rights. This information complies with Article L.233-8 II of the French commercial code and Article 223-16 of the AMF regulations. Rémy Cointreau is a French société anonyme headquartered in Cognac, with a capital of 113.60 euros.
The data provided is essential for understanding voting structures and shareholder rights as the company navigates the financial markets.
Rémy Cointreau (Euronext Paris: RCO) announced its share and voting rights data as of January 31, 2023. The company reported a total of 50,785,696 shares outstanding, with 78,794,885 exercisable voting rights and 79,142,824 theoretical voting rights. This regulatory update complies with Article L.233-8 II of the French commercial code and Article 223-16 of the AMF's General Regulation.
The company is headquartered in Cognac, France, and has a capital of €113.60 million. This information is crucial for shareholders and potential investors for understanding the voting landscape and corporate governance.
Rémy Cointreau has released a regulatory update regarding its share and voting rights as of 31 December 2022. The company reports a total of 51,785,696 shares outstanding, with 78,603,609 exercisable voting rights and 80,020,990 theoretical voting rights. This update is in compliance with Article L.233-8 II of the French commercial code and Article 223-16 of the General Regulation of the Financial Markets Authority (AMF).
Rémy Cointreau reported consolidated sales of €1,304.7 million for the first nine months of 2022-2023, reflecting a +10.1% organic growth. However, third-quarter sales fell -6.0% on an organic basis, which was anticipated due to normalization in US cognac consumption post-COVID and high comparison bases. The Cognac division experienced an -11.0% dip in the third quarter, while Liqueurs & Spirits saw a +10.1% increase. Notably, shipments to China surged ahead of the Lunar New Year. Full-year guidance remains positive, with expectations of continued strong growth amidst a challenging market.
On January 12, 2023, the Board of Directors of Rémy Cointreau decided to reduce the company's share capital by cancelling 1,000,000 treasury shares, representing 1.93% of its capital. This move follows the termination of its share buyback program announced on December 21, 2022. After the cancellation, Rémy Cointreau retains 396,701 treasury shares, or 0.78% of the reduced capital, with the new total share capital now standing at 81,257,113.60 euros divided among 50,785,696 shares.
Rémy Cointreau (Euronext Paris: RCO) has announced the termination of its liquidity contract with KEPLER CHEUVREUX, effective January 6, 2023. The contract, which began on April 1, 2015, showed initial resources of 0 shares and €3,126,477.80 in cash. As of December 31, 2022, the liquidity account held 20,680 shares and €2,582,752.55 in cash. Upon termination, 11,549 shares and €4,058,096.92 in cash will be returned to the company. This move reflects the company's ongoing strategy to optimize its liquidity management.
Rémy Cointreau released its liquidity account report, highlighting key trading activities for the period ending December 31, 2022. The account held 20,680 shares valued at €2,582,752.55. During the semester, buy-side executions totaled 1,041 for 54,009 shares worth €8,947,722.02, while sell-side executions numbered 1,126 for 57,380 shares totaling €9,831,782.12. Comparatively, shares held as of June 30, 2022, were 24,051, indicating a decrease in both holdings and trading volume.
Rémy Cointreau completed its share buyback program, initiated on September 8, 2022, and ending on December 19, 2022. The Group repurchased 1,000,000 shares, equivalent to 1.93% of its share capital, at an average price of 164.53 euros, totaling 164,531,775.24 euros. The acquired shares will be used for various strategic purposes, including capital reduction and fulfilling incentive program obligations. This action aligns with the company's objective to enhance shareholder value.
Rémy Cointreau has reported its share and voting rights metrics as of 31 October 2022. The company has a total of 51,785,696 shares in circulation. The number of exercisable voting rights stands at 78,805,538, while the theoretical voting rights total 79,923,167. These figures are disclosed in compliance with Article L.233-8 II of the French commercial code and Article 223-16 of the General Regulation from the AMF, showcasing the company's commitment to transparency in financial reporting.