Viridien, the geoscience company formerly known as CGG, has disclosed its latest capital structure as of December 31, 2025, showing a total of 7,184,962 issued shares. Actual voting rights stand at 7,210,612, while theoretical voting rights reach 7,210,861. This modest increase in shares reflects ongoing adjustments under French regulations, with double voting rights benefiting long-term registered shareholders.
Latest Capital Structure Disclosure
Viridien continues its routine monthly transparency with French regulators by releasing updated figures on its total shares and voting rights. These disclosures, mandated under the French Commercial Code and AMF guidelines, provide investors with clear visibility into the company’s governance framework.
The most recent filing confirms a slight expansion in the share base, a common occurrence in publicly listed firms through mechanisms like employee incentive plans or minor capital adjustments.
Key Figures as of December 31, 2025
| Date | Total Issued Shares | Actual Voting Rights | Theoretical Voting Rights |
|---|---|---|---|
| December 31, 2025 | 7,184,962 | 7,210,612 | 7,210,861 |
Actual voting rights represent the exercisable votes at shareholder meetings, excluding those attached to treasury shares. Theoretical voting rights incorporate all shares, including treasury holdings deprived of votes, and account for the double voting privilege granted to registered shares held for over two years.
This structure incentivizes long-term ownership, a standard feature in many French-listed companies, allowing loyal investors greater influence in corporate decisions.
Implications for Shareholders
The difference between actual and theoretical voting rights—here, a gap of 249—primarily stems from treasury shares held by the company. Meanwhile, the excess of voting rights over issued shares (approximately 25,650 extra votes) highlights the impact of double voting rights on the overall control dynamics.
For U.S. investors holding Viridien shares through ADRs (traded under the ticker CGG on the NYSE), these figures underscore stable governance with no dramatic shifts in dilution or control. The minor uptick in shares from prior months suggests controlled capital management amid the company’s focus on geoscience and data services in the energy sector.
Such regular updates reinforce Viridien’s commitment to regulatory compliance and shareholder communication, particularly as the firm navigates the evolving demands of the global energy transition.
Disclaimer: This article is for informational purposes only and does not constitute investment advice, recommendations, or opinions on securities.
