Welcome to our dedicated page for Danone news (Ticker: DANOY), a resource for investors and traders seeking the latest updates and insights on Danone stock.
Danone (DANOY), a global leader in nutrition and dairy innovation, maintains this dedicated news hub for stakeholders tracking corporate developments. Our curated collection provides immediate access to official announcements and market-moving updates from the multinational food producer.
This resource serves investors and industry observers with timely updates on financial results, product launches, and strategic partnerships. Users will find comprehensive coverage of Danone's initiatives across dairy alternatives, medical nutrition, and sustainable production practices.
The page aggregates essential updates including quarterly earnings disclosures, regulatory filings, and leadership changes. Content spans operational developments in plant-based product lines, infant nutrition research breakthroughs, and global market expansion efforts.
Bookmark this page for streamlined access to Danone's latest corporate communications. Check regularly for verified updates impacting the company's position in the competitive food and beverage sector.
On May 17, 2024, Danone announced it has completed the sale of its Essential Dairy and Plant-based (EDP) business in Russia to Vamin R This follows the initial announcement on March 22, 2024, confirming the receipt of required Russian regulatory approvals for the transaction. The divestment is part of Danone's broader strategic initiative to streamline its portfolio and focus on key growth areas.
Danone has reported the total number of voting rights and shares as of April 30, 2024. The company, listed in Paris, has a capital of €169,443,282 and is registered under the number 552 032 534. As per the report, Danone has 677,773,128 shares. The total number of theoretical voting rights is 698,764,592, while the total number of exercisable voting rights is 662,863,346. The theoretical voting rights include all shares, even those with suspended voting rights, while the exercisable voting rights exclude such shares, adhering to AMF guidelines.
Danone has acquired Functional Formularies, a whole foods tube feeding business in the US, to strengthen its Medical Nutrition portfolio and expand its enteral tube feeding ranges as part of the Renew Danone strategy. This acquisition adds a differentiated product portfolio to support the nutritional needs of tube-fed families and patients.