Plastic Omnium ( (FR:OPM) ) has shared an update.
OPmobility SE’s Board of Directors has approved a reduction in share capital by cancelling 1,500,000 treasury shares, which is 1.03% of the company’s total share capital. This move, set to complete on January 29, 2025, will decrease the total number of ordinary shares to 144,022,153. Consequently, the holding company Burelle SA will slightly increase its control over OPmobility SE from 60.01% to 60.63%. This strategic decision may strengthen Burelle SA’s influence and potentially impact shareholder dynamics.
More about Plastic Omnium
OPmobility, formerly Plastic Omnium, is a global leader in sustainable mobility, serving as a technology partner to the mobility industry worldwide. The company offers a range of solutions including intelligent exterior systems, complex modules, lighting systems, energy storage, and battery and hydrogen electrification solutions. With a dedication to innovation since 1946, it operates 152 plants and 40 R&D centers globally, employing 40,300 people. OPmobility is publicly traded on Euronext Paris and is part of significant indices such as SBF 120 and CAC Mid 60.
YTD Price Performance: 10.32%
Average Trading Volume: 12,791
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.6B
Learn more about OPM stock on TipRanks’ Stock Analysis page.
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