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| Lafarge launches capital increase French cement giant Lafarge announces a share capital increase reserved for the eligible employees of companies participating in the Lafarge Group Savings Plan. This transaction, which is in line with the Group employees' shareholding development policy, will encompass approximately 60 countries (out of the 79 countries where Lafarge is present). The subscription price for the shares has been fixed at 48.8 Euros. A maximum number of 5.75 million shares with a par value of 4 Euros will be issued as a result of the share capital increase. The subscription period will take place from October 15 until November 9, 2009, included. The settlement-delivery of the shares is expected to occur on December 11, 2009. write your comments about the article :: © 2009 Construction News :: home page |