actions d'autocontrole

English translation: treasury stock

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:actions d'autocontrole
English translation:treasury stock
Entered by: Black & White

12:47 Oct 15, 2007
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."
Black & White
Local time: 07:52
treasury stock
Explanation:
http://en.wikipedia.org/wiki/Treasury_stock

This is the term used in the EN version of this:

http://www.atosorigin.com/en-us/Investors/fr-fr/Actions/Repa...

en: http://www.atosorigin.com/en-us/Investors/en-us/Shares/Share...
Selected response from:

laenai
United Kingdom
Local time: 07:52
Grading comment
Many thanks for your swift initial response and to all those who quickly agreed.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4treasury stock
laenai


Discussion entries: 1





  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
treasury stock


Explanation:
http://en.wikipedia.org/wiki/Treasury_stock

This is the term used in the EN version of this:

http://www.atosorigin.com/en-us/Investors/fr-fr/Actions/Repa...

en: http://www.atosorigin.com/en-us/Investors/en-us/Shares/Share...

laenai
United Kingdom
Local time: 07:52
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Many thanks for your swift initial response and to all those who quickly agreed.

Peer comments on this answer (and responses from the answerer)
agree  Beatriz Galiano (X): I found the same meaning
16 mins

agree  BusterK: ou treasury shares ;-)
19 mins

agree  Béatrice Huret-Morton
36 mins

agree  rkillings: There used to be legal and accounting differences that made 'treasury shares' a misleading translation of 'autocontrôle'; but no longer.
1 day 19 hrs
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