Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Instagram Outage Disrupts Thousands of U.S. Users 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
In accordance with the decision of the Board of Directors of Dassault Aviation to allocate to cancellation 871,753 shares among those bought from Airbus Group on March 25th 2015 and June 10th 2016, Dassault Aviation cancelled those shares on December 23rd 2016, after the legal delay of two years following the previous capital reduction. This cancellation corresponds to a reduction of 9.6% of its share capital.
After this operation, Dassault Aviation keeps 39,550 treasury shares allocated by the Board of Directors to award free shares and / or to potentially enter into a liquidity contract.
The share ownership's structure of Dassault Aviation becomes:
| Before capital reduction on December 23rd 2016 | After capital reduction on December 23rd 2016 | |||||||||||
| Number of shares | % Capital | % Voting rights | Number of shares | % Capital | % Voting rights | |||||||
| GIMD | 5,118,240 | 56.1 | % | 76.8 | % | 5,118,240 | 62.0 | % | 76.8 | % | ||
| FREE FLOAT | 2,267,811 | 24.9 | % | 17.0 | % | 2,267,811 | 27.5 | % | 17.0 | % | ||
| AIRBUS | 825,184 | 9.0 | % | 6.2 | % | 825,184 | 10.0 | % | 6.2 | % | ||
| DASSAULT AVIATION | 911,303 | 10.0 | % | 0.0 | % | 39,550 | 0.5 | % | 0.0 | % | ||
| TOTAL | 9,122,538 | 100.0 | % | 100.0 | % | 8,250,785 | 100.0 | % | 100.0 | % | ||
* * *
About Dassault Aviation:
With more than 8,000 military and civil aircraft delivered to more than 90 countries over the past 60 years, and having logged nearly 28 million flight hours to date, Dassault Aviation can offer recognized know-how and experience in the design, development, sale and support of all types of aircraft, from the Rafale fighter to the Falcon range of high-end business jets, as well as military unmanned air systems. In 2015, Dassault Aviation reported revenues of €4.20 billion. The company has almost 12,000 employees. In 2016, Dassault Aviation celebrated the first centennial of its history, which started in 1916 with Marcel Dassault and the Éclair propeller.
www.dassault-aviation.com
Twitter: @Dassault_OnAir
Contact:
Investor Relations
Armelle Gary
Tel: +33 (0)1 47 11 84 24
[email protected]
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/ce9b1d48-6d09-4df8-b0d2-b14226a00c76
