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 S/ADR reflects news from Danone, a global food and beverage company with categories in Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. Company updates cover parent-company reporting, category performance, geographic reporting across EMEA, the Americas and APAC, and brands such as Activia, Alpro, Aptamil, evian, Nutricia and Volvic.
Recurring news also includes shareholder meeting materials, resolution results, dividend approvals, voting-rights disclosures, board governance matters, bond issuance and other capital-structure updates. Danone also reports on its sustainability roadmap, including the Danone Impact Journey and climate-related strategy themes.
Danone disclosed the total number of shares and voting rights as of May 31, 2024. The company, listed under the stock symbol DANOY, registered a total of 679,260,800 shares. The total theoretical voting rights stood at 700,820,680, while the total exercisable voting rights were 664,921,936. These figures comply with Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the Financial Markets Authority (AMF). The publication aims to ensure transparency in shareholder voting dynamics, differentiating between 'gross' and 'net' voting rights as recommended by the AMF.
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.
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