French: actions d'autocontroleEnglish translation: treasury stock 
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French to English translations [PRO]
Bus/Financial - Investment / Securities | | French term or phrase: actions d'autocontrole | Appears in a presentation outlining a merger treaty.
I am not sure of the English equivalent of this type of share. I get some convincing hits on goggle for "control shares", but would appreciate confirmation or a more accurate translation from an expert in this fiedl! The meaning of "autocontrole" in French appears to be the following one provided by Grande Dico (who sadly, don't provide an English translation!):
"Pratique qui permet à une société de détenir un pourcentage de ses propres actions dont elle se sert pour voter en assemblée générale des actionnaires, rendant plus difficile une éventuelle OPA, soit une sorte de pilule empoisonnée. "
Here the sentence from my source text:
"Emission de [number]nouvelles actions XXX en rémunération de l’apport fusion. Ce nombre sera ajusté avant le Conseil d’administration approuvant la fusion en fonction des augmentations de capital découlant de l’exerices des plans de Stock options et de la variation du nombre **d’actions d’auto-contrôle** de XXXX."
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| | Clarification request(s) and responseBuzzy: 7:53pm Oct 15, 2007: For archived questions on the same term, do a Proz com term search!
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| | Selected response from:
laenai
France
| Note from asker to answererMany thanks for your swift initial response and to all those who quickly agreed.
4 KudoZ points were awarded for this answer |
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11 mins confidence:   peer agreement (net): +4 |
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The translation workplace 
