Knowledge Base

← Securities Issuance and Corporate Actions

Questions

Which article of the Code de commerce requires regularization when shareholders' equity falls below 50% of the share capital?

L225-132
L225-204
L225-248
L230-10

What percentage of dilution did historical shareholders suffer during the Casino transaction in 2024?

50%
75%
99.7%
95%

What is the main purpose of the preferential subscription right under article L225-132 of the Code de commerce?

To protect creditors against dilution
To allow existing shareholders to subscribe to new shares before the public
To increase the share price
To reduce the company's debt

Under the Code de commerce, which articles govern capital increases in public limited companies (sociétés anonymes)?

L225-1 to L225-100
L225-127 to L225-150
L225-204 to L225-205
L230-1 to L230-50

The AMF General Regulation imposes disclosure obligations when ownership thresholds are crossed, which is relevant to the analysis of capital changes.

True
False

TERP formula

Click to see answer

Categorize items by dragging them to the appropriate zones

Items to categorize:

TERP
Preferential subscription right
Total debt
Categories:

Essential for the analysis

Secondary for the analysis

A cash capital increase always improves the financial autonomy ratio and strengthens the company's borrowing capacity.

True
False