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Saint-Gobain issues 17.4 million new shares

Post Time:Nov 12,2013Classify:Industry NewsView:27

Officials from France’s Saint-Gobain announced plans to convert more than 4.3 million “Oceane” bonds into new shares at a ratio of four shares for one bond, according to a Dec. 21 company release. The Oceane bonds were originally issued in February 2002, and the total new shares issued equals 17.4 million, a 4.96 percent increase in the number of shares outstanding, according to the release… read moreShare this article:

Source: http://www.glassmagazine.com/news-item/commercial/saint-gobain-issues-174-million-new-sharesAuthor:

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