Stock price on 03/31/2020 - 16:03
Sale of 16.0 million Total shares
During the fourth quarter of 2016, GBL disposed, at the maturity of the forward sales, of 16.0 million shares (or 0.7% of the capital) for a net amount of EUR 666 million, which generated a consolidated capital gain of EUR 304 million.
Sale of a 1.1% interest in Total during the first quarter of 2016
During the first quarter of 2016, GBL sold an additional fraction of Total shares representing 1.1% of this group’s capital (27.5 million shares for a gross amount of EUR 1.1 billion) and generating a consolidated capital gain of EUR 428 million.
Disposal of Total shares
Disposal of 12.1 million Total shares for EUR 556 million during 2015, generating a consolidated capital gain of EUR 282 million.
Sale of a 0.6% interest in Total in 2014
During 2014, disposal of an additional fraction of 14.0 million Total shares (representing 0.6% of the share capital) for EUR 650 million. The consolidated capital gain from these disposals amounted to EUR 335 million.
Sale of a 0.3% interest in Total
7 November 2013 - Sale, for around EUR 360 million, of 8.2 million Total shares representing a holding of around 0.3% in the company. Realisation of a consolidated capital gain of nearly EUR 175 million.
Launch of Arkema
In May, Total has made the spin-off of Arkema. This spin-off is reflected in the distribution to shareholders of Total one Arkema share for every 10 shares held Total. The resulting contribution to GBL's 3.9% Arkema.
Sale of Suez Lyonnaise des Eaux and TotalFinaElf shares on the stock exchange
Marginal cut back of these two major holdings in the portfolio, without effect on the nature of our relationship with the companies and with the purpose of bolstering the group's liquidity and improving its room for financial manoeuvres.