Alstom ordinary and extraordinary shareholders’ meeting, convened on 18 December 2015, approved all the resolutions.
The shareholders’ meeting approved with a majority of 99.93% the return of around €3.2 billion cash to shareholders through a public share buy-back offer of a maximum of 91.5 million of shares at a unitary price of 35 euros. Such repurchased shares will be later cancelled.
The shareholders’ meeting also approved the appointment, proposed by the French State, of M. Olivier Bourges, Secrétaire général of PSA, as director. His duties will begin as from settlement-delivery of the public share buy-back offer, planned end January 2016 ; and expire at the end of the ordinary shareholder’s meeting called to approve the financial statements for the fiscal year ended 31 March 2019.