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auto-controle / auto-detention

English translation: difference

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18:17 Mar 23, 2003
French to English translations [PRO]
Bus/Financial - Finance (general) / shares, stake, interests
French term or phrase: auto-controle / auto-detention
Would someone please explain the difference between these two words as relates to a company's shareholding structure? Thanks in advance
Joy Lewis
Local time: 03:36
English translation:difference
Explanation:
auto-détention refers to shares (of itself) held directly by the quoted company;
auto-contrôle refers to shares (of itself) held by companies controlled by the quoted company (see definition in the Euronext press release referenced below)
Selected response from:

VBaby
Local time: 08:36
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4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +3difference
VBaby


  

Answers


59 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
difference


Explanation:
auto-détention refers to shares (of itself) held directly by the quoted company;
auto-contrôle refers to shares (of itself) held by companies controlled by the quoted company (see definition in the Euronext press release referenced below)


    Reference: http://www.bourse-de-paris.fr/fr/news7/p77629.htm
VBaby
Local time: 08:36
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 86

Peer comments on this answer (and responses from the answerer)
agree  Odette Grille: Bravo et merci pour la rŽfŽrence
1 min

agree  Saleh Ayyub
6 hrs

agree  danyce
2 days16 hrs
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Changes made by editors
Apr 21, 2005 - Changes made by VBaby:
Field (specific)(none) » Finance (general)


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