"AREVA at a glance" brochure
Stock ownership profile
AREVA was created on September 3, 2001, based on the structure of its predecessor, CEA-Industrie. CEA Industrie’s capital was 95%-owned by Commissariat à l’Énergie Nucléaire (the CEA). Today, public sector holdings (CEA, the French state and ERAP) of group capital has risen to 87%. 4% of AREVA’s share capital is float, held in the form of investment certificates.
Shareholder structure
The current shareholder structure is a derivation of the original structure and dates from AREVA’s foundation on September 3, 2001. Development has occurred as follows:
- Numerous shareholders (Total, EDF etc.) exchanged a number of minority holdings (primarily in COGEMA [now AREVA NC] and Framatome SA [now AREVA NP]) for shares in the new AREVA group.
- The holdings of the original shareholder, the CEA were consolidated from 95.1% to 78.96% following these transactions.
- Alcatel, which held 2.23% of the capital in the new AREVA group, sold its holdings on December 21, 2001 to the Caisse des Dépôts et Consignations (CDC). CDC, which previously held 1.36% of the capital, increased its participating interest to 3.59%.
Change in shareholding
| Shareholder | 2009 | From 2001 to 2008 | 2000 | |||
|---|---|---|---|---|---|---|
| Capital | Vote | Capital | Vote | Capital | Vote | |
| CEA | 78.96% | 82.99%* | 78.96% | 82.99% | 95.14% | 100.00% |
| French State | 5.19% | 5.19% | 5.19% | 5.19% | - | - |
| CDC | 3.59% | 3.59% | 3.59% | 3.59% | - | - |
| ERAP | 3.21% | 3.21% | 3.21% | 3.21% | - | - |
| EDF | 2.42% | 2.42% | 2.42% | 2.42% | - | - |
| Framépargne** | 0.62% | 0.62% | 0.69% | 0.69% | - | - |
| CALYON** | 0.96% | 0.96% | 0.89% | 0.89% | - | - |
| Total | 1.02% | 1.02% | 1.02% | 1.02% | - | - |
| IC holders | 4.03% | - | 4.03% | - | 4.86% | 0.00% |
| AREVA Auto-control | 0.2% | - | - | - | - | - |
| Total | 100.00 % | 100.00 % | 100.00 % | 100.00 % | 100.00 % | 100.00 % |
* The difference between the percentage of capital and the percentage of voting rights held by the CEA in AREVA is explained by the fact that the CEA holds all voting right certificates.
** The bank Calyon established with Framépargne a liquidity guarantee on the terms of which it pledged to acquire the AREVA shares held by FCPE Framépargne that the latter would be obligated to sell to satisfy buy-back requirements if it did not have sufficient liquidity. As a result of the implementation of this liquidity guarantee, Calyon began to buy back a part of AREVA shares beginning in July 2002. Since the law of December 30, 2006 and its application decree of October 24, 2007, AREVA may ensure this liquidity guarantee on its own.
