financial report and registration document 2011 - Groupe SEB

7.3. FINANCIAL AUTHORISATIONS
Financial Report and Registration Document 2011
7
Information on the Company and its share capital
Financial authorisations
Authorisation to issue shares and other securities
Type of operation
Date of
authorisation
Expiry of
authorisation Maximum amount authorised
Used at
31/12/2011
Purchase of its own shares by the Company
at a maximum price of €130 05/11 07/12 €649,373,660 €43,983,649
Cancellation of its own shares by the
Company 05/11 07/12
10% of nominal capital, i.e. 4,995,182 shares
per 24-month period
Issue of all types of securities with preferential
05/11 07/12 Issue of share capital: €5,000,000
subscription rights
05/11 07/12 Issue of receivables: €150,000,000
Issue of all types of securities without
05/11 07/12 Issue of share capital: €5,000,000
preferential subscription rights
Issue of shares reserved for employees
05/11 07/12 Issue of receivables: €150,000,000
participating in Company savings schemes
Issue of share capital by incorporation of
05/11 07/12 €499,518 of nominal capital, i.e. 499,518 shares
reserves, income, shares or other premiums 05/11 07/12 €10,000,000
Authorisation for the Company to trade in its own shares
Following the authorisation granted by the General Meetings of 2010
and 2011 and in Article 225-209 of the French Commercial Code, your
Board bought back 671,591 shares in 2011 at an average price of €65.49.
275,642 shares were sold as part of the exercise of stock options at an
average price of €35.84 and 49,571 free performance-based shares were
awarded under the 2009 plan.
Furthermore, 319,929 shares were purchased at an average price of €63.24,
and 315,208 shares were sold at an average price of €63.23 under a liquidity
agreement.
At 31 December 2011, the Company had 2,331,797 treasury shares, i.e.
4.67% of its share capital, of which 2,323,115 under the buyback agreement
and 8,682 under the liquidity agreement.
The Company will renew its request to the Annual General Meeting of 10 May
2012 for authorisation to trade in its own shares.
GROUPE SEB
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