Welcome to our dedicated page for Dassault Systemes news (Ticker: DASTY), a resource for investors and traders seeking the latest updates and insights on Dassault Systemes stock.
Dassault Systèmes SA reports company news centered on its 3DEXPERIENCE platform, virtual twins, and software activity across manufacturing industries, life sciences and healthcare, and infrastructure and cities. Updates commonly cover software revenue, cloud activity, annual run-rate trends, operating cash flow, margin performance, and product themes such as SOLIDWORKS, CENTRIC, 3D UNIV+RSES, and industrial AI.
Company announcements also address shareholder and governance matters, including combined shareholders’ meetings, Universal Registration Document filings with the Autorité des marchés financiers, share repurchase program descriptions, dividend proposals, outstanding share and voting-right declarations, and board leadership changes.
Dassault Systèmes announced on June 20, 2024, that Mahindra & Mahindra, a prominent Indian automotive company, has selected its 3DEXPERIENCE platform on the cloud to advance its digital transformation. This strategic choice aims to enhance Mahindra & Mahindra's new product development efficiency, accelerate time to market, and meet sustainability goals. The platform will streamline team collaboration and decision-making by integrating various industry solution experiences like 'Drive Emotion,' 'Global Modular Architecture,' and 'Smart Safe and Connected.' This move is expected to improve the overall vehicle development process by providing real-time information and industry best practices.
The press release from Dassault Systèmes, dated June 11, 2024, announces details of the company's stock repurchase program. Authorized by the General Meeting of Shareholders on May 22, 2024, the repurchase activities occurred on June 4 and June 5, 2024. The company acquired a total of 2,983,000 shares across various markets including XP, DXE, TQE, and AQE at an average price of approximately €37.10 per share. Detailed information on daily volumes and acquisition prices for each transaction is available on Dassault Systèmes' investor relations website.
Valeo has partnered with Dassault Systèmes to enhance its R&D digitalization through the 3DEXPERIENCE platform. This collaboration aims to integrate over 15,000 Valeo users in a virtual ecosystem, employing generative design and data science for better innovation in electrification, autonomous driving, and software-driven technologies. This move is expected to optimize Valeo's R&D costs and improve decision-making through intelligent data usage. Dassault Systèmes' CEO highlighted the platform's role in enabling transformative innovations in the competitive automotive industry.
Dassault Systèmes, listed on Euronext Paris under the ticker DSY.PA, announced the number of outstanding shares and voting rights as of May 31, 2024. According to the press release, the company has 1,338,953,980 outstanding shares and 2,012,775,189 voting rights.
The total number of voting rights is calculated based on the outstanding shares, even if some voting rights are suspended, according to Article 223-11 of the General Regulation of the Autorité des marchés financiers. Shareholders are advised to refer to this regulation for details on declaring the crossing of thresholds.
Dassault Systèmes and JLR have extended their strategic partnership for another five years, focusing on deploying the 3DEXPERIENCE platform for all vehicle programs worldwide. This platform will be used by over 18,000 users globally to enhance vehicle engineering and digital manufacturing, while reducing time, waste, and costs. The collaboration aims to drive digital transformation, improve efficiency, and foster sustainability. The 3DEXPERIENCE platform connects all stakeholders in a collaborative virtual environment, allowing JLR to create high-quality, software-defined vehicles. This partnership underscores Dassault Systèmes' role in JLR's commitment to responsible business practices and innovation.
Dassault Systèmes (DSY.PA) disclosed the total number of outstanding shares and voting rights as of April 30, 2024. The outstanding shares amount to 1,338,731,279, while the voting rights stand at 2,007,958,682. Shareholders were advised to consult the relevant articles in case of crossing thresholds.
Dassault Systèmes announces the Combined General Shareholders’ Meeting on May 22, 2024, at 3:00 pm at their headquarters in France. Shareholders can access preliminary documents on the company's website. The meeting agenda and draft resolutions were published on April 15, 2024, and more information is available on the company's website and at their headquarters.
Dassault Systèmes disclosed information about trading in its own shares as part of the repurchase program decided by the General Meeting of Shareholders. The detailed trading data can be found on the company's website. The disclosure includes daily trading volume, acquisition prices, and market information.
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