Veolia Environnement Stock Price, News & Analysis

TotalEnergies (TTE) and Veolia have initiated construction of the largest solar photovoltaic system in Sur, Oman. The 17 MWp solar project will power the Sharqiyah Desalination plant, supplying drinking water to over 600,000 people. Expected to produce over 30,000 MWh annually, it will reduce CO₂ emissions by approximately 300,000 tons. This initiative aligns with Oman's goal of 30% renewable energy by 2030. TotalEnergies aims to increase its renewable capacity to 100 GW by 2030, positioning itself as a leading clean energy provider.

VEOLIA ENVIRONNEMENT reported significant liquidity account updates as of June 30, 2022. The account held 495,270 shares valued at €1,160,901.07. The company executed 5,566 buy and 5,438 sell transactions, with a total traded volume of €121,439,201 for buys and €109,929,794.52 for sells. Comparatively, the previous half-year showed only 53,000 shares and €1,676,520.36. This liquidity contract adheres to AMF Decision N°2021-01, signifying compliance with market practices.

Veolia Environnement reported its share capital as of June 30, 2022, totaling €3,502,858,580. The total number of shares forming the share capital is 700,571,716, while the theoretical voting rights stand at 740,161,630. The voting rights that can be exercised amount to 727,376,015. The company includes a clause in its Articles of Association mandating reporting of crossing shareholding thresholds, enhancing transparency for investors.

Veolia has announced its decision to sell all of Suez's waste activities in the United Kingdom due to ongoing regulatory delays from the Competition & Markets Authority (CMA). This strategic move, aimed at facilitating the merger and enhancing operational efficiency, follows the integration of 40,000 employees and a significant increase in revenues to around €38 billion. Despite the CMA's analysis, Veolia remains committed to ecological transformation and will utilize the cash flow from these divestments to bolster its energy sector and reduce debt, increasing financial agility.

The Combined General Meeting of Veolia Environnement (VIE) shareholders took place in Paris, where all submitted resolutions were approved with a quorum of 69.8%. Key decisions included the approval of the 2021 financial statements and a dividend of €1 per share, payable from July 7, 2022. The meeting confirmed Antoine Frérot as CEO and added Estelle Brachlianoff as Director. Board composition now includes 13 Directors, with 70% independence and 60% female representation. The meeting emphasized ongoing shareholder engagement.

Veolia Environnement has completed its annual update of the €16 billion Euro Medium Term Notes program, ensuring its financing strategy remains robust. The updated base prospectus, approved by AMF on June 10, 2022, can be accessed on their website. The company, which focuses on ecological transformation, serves millions globally in water, waste, and energy management. In 2021, Veolia reported a consolidated revenue of €28.508 billion.

Veolia Environnement disclosed key information as of May 31, 2022. The company has a total of 700,571,716 shares in its share capital, with 739,881,204 theoretical voting rights and 727,283,662 voting rights that can be exercised. These figures include 39,309,488 shares with double voting rights and consider 12,597,542 treasury shares as of the same date. Additionally, a reporting obligation related to crossing a shareholding threshold is included in the Articles of Association.

Veolia Environnement announces its Combined General Meeting scheduled for June 15, 2022, at 3 p.m. in Paris. Due to health considerations, procedures for participation may change. Shareholders are encouraged to check the dedicated section on the company's website for updates. Voting rights can be exercised remotely or via proxy. The meeting will be broadcast live online, and documents related to the meeting are accessible on the company's website. Important notices were published on April 15, 18, and May 25, 2022.

Veolia is implementing the final part of antitrust remedies related to its merger with Suez. The company has signed an agreement with Séché Environnement for the sale of its industrial water treatment services in France, valued at approximately €40 million. This transaction is part of a total asset disposal amounting to €920 million and will enhance Séché's service offerings while maintaining Veolia's position in the industrial water sector. The sale will not affect employment or social benefits for four years and requires regulatory approval.