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Danone: Information on the total number of voting rights and shares

DANONE (DANOY) reports the total number of shares and voting rights as of 30/11/2025 in compliance with French regulations.

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DANONE (DANOY) reports the total number of shares and voting rights as of 30/11/2025 in compliance with French regulations.

Key figures: total shares = 681,394,483; theoretical (gross) voting rights = 721,569,060; exercisable (net) voting rights = 684,158,643. Theoretical voting rights include shares with suspended voting rights for threshold calculations; exercisable voting rights exclude suspended voting rights for public information purposes.

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Argus Dec 11 session
+1.14% close to close Open Argus
Details

News Market Reaction – DANOY

On Dec 11, the day this news came out, DANOY closed 1.14% above the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Market Context

This announcement updates investors on Danone’s capital structure, confirming 681,394,483 shares and...
Analysis

This announcement updates investors on Danone’s capital structure, confirming 681,394,483 shares and distinguishing between theoretical and exercisable voting rights as of 30/11/2025. It continues a pattern of monthly disclosures seen since at least August 2025, providing transparency on voting power. Investors may watch how these figures interact with prior actions like the 3.8 million-share buyback and ongoing strategic initiatives.

Key Figures

Share capital: €170,348,620.75 Total shares: 681,394,483 Theoretical voting rights: 721,569,060 +2 more
Share capital
€170,348,620.75
Stated capital of Danone
Total shares
681,394,483
As of 30/11/2025
Theoretical voting rights
721,569,060
Gross voting rights as of 30/11/2025
Exercisable voting rights
684,158,643
Net voting rights as of 30/11/2025
Reference date
30/11/2025
Date of share and voting-rights snapshot

Historical Context

5 past events · Latest: Dec 04
5 events
  1. Dec 04

    Share buyback

    24h Move
    -0.6%

    Announcement of buyback of 3.8 million shares to offset future dilution.

  2. Nov 07

    Voting rights update

    24h Move
    +1.2%

    Monthly disclosure of total shares and gross versus net voting rights.

  3. Oct 28

    Earnings update

    24h Move
    -0.3%

    Q3 2025 sales growth and confirmation of full-year like-for-like guidance.

  4. Oct 07

    Voting rights update

    24h Move
    -0.8%

    Regulatory disclosure of total shares and voting rights as of September 30.

  5. Sep 16

    Voting rights update

    24h Move
    +1.4%

    Monthly update on outstanding shares and theoretical versus exercisable votes.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

theoretical voting rights, exercisable voting rights
2 terms
theoretical voting rights regulatory
"Total number of theoretical voting rights (1) : 721,569,060"
Theoretical voting rights are the share of control an investor would have if all possible sources of additional shares—such as stock options, warrants and convertible bonds—were turned into ordinary shares. Investors care because this “what-if” number shows potential dilution of current owners and the maximum voting power others could gain, helping assess control risk and how future actions might change company decisions, like a snapshot of ownership if every coupon were cashed in.
exercisable voting rights regulatory
"Total number of exercisable voting rights (2) : 684,158,643"
Exercisable voting rights are the actual, usable votes attached to a security or position that allow the holder to influence company decisions at shareholder meetings—for example electing the board or approving mergers. They matter to investors because the number of votes someone can cast determines who controls the company and its strategy, similar to having usable tickets at a town meeting rather than placeholders, and can affect share value, takeover risk and how much influence minority holders have.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DANONE

French Société anonyme with a capital of €170,348,620.75.
Registered Office: 59-61, rue La Fayette, 75009 Paris.
Registered with the Paris Commerce and Company Registry under number 552 032 534

Information on the total number of voting rights and shares

in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers)

DateTotal number of sharesTotal number of voting rights


30/11/2025


681,394,483


Total number of theoretical voting rights(1) : 721,569,060



Total number of exercisable voting rights(2) : 684,158,643



(1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with Article 223-11 of the AMF General Regulation, this number is calculated on the basis of all shares to which voting rights are attached, including shares whose voting rights have been suspended.

(2) The total number of exercisable voting rights (or ”net” voting rights) is calculated without taking into account the shares with suspended voting rights. It is published to ensure that the public is properly informed in accordance with the recommendation made by the AMF on July 17, 2007.

Attachment


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are DANONE (DANOY) total shares as of 30/11/2025?

DANONE reports 681,394,483 total shares as of 30/11/2025.

How many theoretical voting rights does DANONE (DANOY) have on 30/11/2025?

The company reports 721,569,060 theoretical (gross) voting rights on 30/11/2025.

What are DANONE (DANOY) exercisable voting rights on 30/11/2025?

DANONE reports 684,158,643 exercisable (net) voting rights as of 30/11/2025.

What is the difference between theoretical and exercisable voting rights for DANOY?

Theoretical (gross) voting rights include suspended-vote shares used for threshold calculations; exercisable (net) voting rights exclude suspended-vote shares and reflect votes that can be cast.

Why does DANONE publish both gross and net voting rights for DANOY?

Publishing both figures complies with Article L.233-8 II and AMF rules to inform shareholders about threshold calculations and actual exercisable votes.

Where can investors find the DANOY voting rights attachment referenced in the notice?

The notice references an attachment titled Voting Rights and Shares 301125, which is published with the disclosure for investor review.

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