APC 2013 Annual Report Download - page 282

7INFORMATION ON THE COMPANY AND ITS CAPITAL
CAPITAL
Three-year summary of changes in capital
The following table shows changes in Schneider ElectricSA’s share capital and additional paid-in-capital since December31, 2010 through
share issues and the exercise of stock options:
Number of shares Cumulative
Total capitalissued or cancelled number of shares
Payment of dividend in shares 4,345,794*
Employee share issue 2,151,390*
Exercise of stock options 2,709,882*
Capital at 12/31/2010(1) 271,959,091* EUR2,175,672,728
Employee share issue 3,855,632
Exercise of stock options and performance shares issued 1,169,210
Capital at 12/31/2011(2) 548,943,024 EUR2,195,772,096
Employee share issue 3,521,812
Exercise of stock options and performance shares issued 2,952,178
Capital at 12/31/2012(3) 555,417,014 EUR2,221,668,056
Employee share issue 2,752,071
Exercise of stock options and performance shares issued 3,788,938
CAPITAL AT 12/31/2013(4) 561,958,023 EUR2,247,832,092
Not adjusted for the two-for-one share split on September2, 2011.*
Increase in share capital (EUR73.6million), increase in additional paid-in-capital (EUR561.2million).(1)
Increase in share capital (EUR20.1million), increase in additional paid-in-capital (EUR194.7million).(2)
Increase in share capital (EUR25.9million), increase in additional paid-in-capital (EUR195.5million).(3)
Increase in share capital (EUR26.2million), increase in additional paid-in-capital (EUR208.5million).(4)
Share buybacks
The general meeting of May3, 2012 authorized the company to market making under a liquidity agreement;
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buy back shares. This authorization was renewed at the general maximum number of shares that may be acquired:
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meeting of April25, 2013.
10% of the issued share capital as of the date of the annual
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shareholders' meeting, representing, on the basis of the issued
Pursuant to these authorizations, the company did not buy back
share capital at February28, 2014, a total of
any of its own shares during the year.
57,937,040Schneider Electric SA shares with a nominal value
Details of the share buyback program submitted for approval at the
of EUR4,
general meeting of May6, 2014 are as follows:
taking into account treasury stock and own shares at
–
number of shares and percentage of share capital held directly
lFebruary28, 2014 (7,942,187shares), the number of
and indirectly by Schneider ElectricSA (as of February28, 2014):
shares that could be bought back under the authorization is
49,994,853 or 8.63% of the share capital;
own shares: 7,941,129shares, or 1.37% of the share capital,
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maximum purchase price and maximum aggregate amount of
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treasury stock: 1,058shares,
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share purchases the fund may enter into:
total: 7,942,187 shares, or 1.37% of the share capital;
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overview of purposes for which shares have been held:
lthe maximum purchase price is set at EUR80 per share,
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EUR4,634,963,200;
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the 7,942,187 shares held in own shares are held for
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duration of the buyback program:
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allocation on the exercise of stock options and performance
shares; 18months maximum, expiring on November5, 2015;
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share buyback program objectives:
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transactions carried out pursuant to the program authorized by
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the general meeting 2012 and renewed by the general meeting
reduce the capital by cancelling shares,
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2013 between January1, 2013 and February28, 2014:
hold shares for allocation on the exercise of stock option
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plans or performance shares plans or to permit the transactions carried out by the company:
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conversion of convertible debt securities,
number of shares acquired: 0,
maintenance and subsequent remission of existing shares in
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number of shares transferred since the beginning of theprogram:
exchange or in payment instead of a capital increase when
638,951.
financing external growth,
280 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC