Number of shares
| 31/12/2023 | Increases: buy-backs | Decreases: cancellations and transfers | 31/12/2024 | |
|---|---|---|---|---|
| Shares bought back to use in payment or exchange | Shares bought back to use in payment or exchange 31/12/2023 4,677,876 |
Shares bought back to use in payment or exchange Increases: buy-backs- |
Shares bought back to use in payment or exchange Decreases: cancellations and transfers - |
Shares bought back to use in payment or exchange 31/12/2024 4,677,876 |
| Shares bought back to be cancelled | Shares bought back to be cancelled 31/12/2023 168,483 |
Shares bought back to be cancelled Increases: buy-backs13,311,554 |
Shares bought back to be cancelled Decreases: cancellations and transfers (13,480,037) |
Shares bought back to be cancelled 31/12/2024 - |
| Subtotal non-current financial assets | Subtotal non-current financial assets 31/12/2023 4,846,359 |
Subtotal non-current financial assets Increases: buy-backs13,311,554 |
Subtotal non-current financial assets Decreases: cancellations and transfers (13,480,037) |
Subtotal non-current financial assets 31/12/2024 4,677,876 |
| Shares intended to be transferred to the beneficiaries of performance share and employee share ownership plans | Shares intended to be transferred to the beneficiaries of performance share and employee share ownership plans 31/12/2023 13,392,373 |
Shares intended to be transferred to the beneficiaries of performance share and employee share ownership plans Increases: buy-backs4,588,555 |
Shares intended to be transferred to the beneficiaries of performance share and employee share ownership plans Decreases: cancellations and transfers (3,259,368) |
Shares intended to be transferred to the beneficiaries of performance share and employee share ownership plans 31/12/2024 14,721,560 |
| Subtotal current assets | Subtotal current assets 31/12/2023 13,392,373 |
Subtotal current assets Increases: buy-backs4,588,555 |
Subtotal current assets Decreases: cancellations and transfers (3,259,368) |
Subtotal current assets 31/12/2024 14,721,560 |
| Total cash transactions on VINCI shares | Total cash transactions on VINCI shares 31/12/2023 18,238,732 |
Total cash transactions on VINCI shares Increases: buy-backs17,900,109 |
Total cash transactions on VINCI shares Decreases: cancellations and transfers (16,739,405) |
Total cash transactions on VINCI shares 31/12/2024 19,399,436 |
At 31 December 2024, VINCI held 19,399,436 treasury shares directly (representing 3.33% of the share capital), for a total of €1,566 million or an average of €80.74 per share:
VINCI sets up long-term incentive plans each year, which involve the granting of conditional awards of performance shares to selected beneficiaries. Under these plans, shares only vest at the end of a three-year period, subject to continued employment within the Group, and the number of shares that will vest depends on the extent to which the internal and external performance conditions are met.
| (in € millions) | Capital | Share premium | Reserves and retained earnings | Profit or loss | Regulated provisions | Total |
|---|---|---|---|---|---|---|
| Equity at 31/12/2023 | Equity at 31/12/2023 Capital 1,473 |
Equity at 31/12/2023 Share premium 13,510 |
Equity at 31/12/2023 Reserves and retained earnings 15,656 |
Equity at 31/12/2023 Profit or loss 2,412 |
Equity at 31/12/2023 Regulated provisions 8 |
Equity at 31/12/2023 Total 33,059 |
| Appropriation of 2023 net income | Appropriation of 2023 net income Capital - |
Appropriation of 2023 net income Share premium - |
Appropriation of 2023 net income Reserves and retained earnings 2,412 |
Appropriation of 2023 net income Profit or loss (2,412) |
Appropriation of 2023 net income Regulated provisions - |
Appropriation of 2023 net income Total - |
| Dividends paid in respect of 2024 | Dividends paid in respect of 2024 Capital - |
Dividends paid in respect of 2024 Share premium - |
Dividends paid in respect of 2024 Reserves and retained earnings (2,570) |
Dividends paid in respect of 2024 Profit or loss - |
Dividends paid in respect of 2024 Regulated provisions - |
Dividends paid in respect of 2024 Total (2,570) |
| Increase in share capital | Increase in share capital Capital 16 |
Increase in share capital Share premium 652 |
Increase in share capital Reserves and retained earnings - |
Increase in share capital Profit or loss - |
Increase in share capital Regulated provisions - |
Increase in share capital Total 668 |
| Decrease in share capital | Decrease in share capital Capital (35) |
Decrease in share capital Share premium - |
Decrease in share capital Reserves and retained earnings (1,460) |
Decrease in share capital Profit or loss - |
Decrease in share capital Regulated provisions - |
Decrease in share capital Total (1,495) |
| Net income for 2024 | Net income for 2024 Capital - |
Net income for 2024 Share premium - |
Net income for 2024 Reserves and retained earnings - |
Net income for 2024 Profit or loss 1,784 |
Net income for 2024 Regulated provisions - |
Net income for 2024 Total 1,784 |
| Regulated provisions | Regulated provisions Capital - |
Regulated provisions Share premium - |
Regulated provisions Reserves and retained earnings - |
Regulated provisions Profit or loss - |
Regulated provisions Regulated provisions 4 |
Regulated provisions Total 4 |
| Equity at 31/12/2024 | Equity at 31/12/2024 Capital 1,455 |
Equity at 31/12/2024 Share premium 14,162 |
Equity at 31/12/2024 Reserves and retained earnings 14,038 |
Equity at 31/12/2024 Profit or loss 1,784 |
Equity at 31/12/2024 Regulated provisions 12 |
Equity at 31/12/2024 Total 31,451 |
At 31 December 2024, VINCI’s share capital amounted to €1,455 million, represented by 581,816,830 shares with a nominal value of €2.50 each.
VINCI has reserves (share premiums, merger and contribution premiums, reserves other than the statutory reserve) of an amount greater than the amount of all the treasury shares it owned directly or indirectly at 31 December 2024.
Dividends paid by VINCI SA in 2024 amounted to €2,570 million, corresponding to the final dividend in respect of 2023 for €1,973 million (€3.45 per share) paid in cash on 25 April 2024 and the interim dividend in respect of 2024 for €597 million (€1.05 per share) paid on 17 October 2024.
The share capital increases in 2024, amounting to €668 million, resulted from employee subscriptions to Group savings plans.
In addition, VINCI cancelled 13,803,182 treasury shares in two transactions in June and December 2024, with a purchase price of €1,495 million.
| (in € millions) | Number of shares | Capital | Share premiums and other reserves | Total |
|---|---|---|---|---|
| Employees’ subscriptions to Group savings plans | Employees’ subscriptions to Group savings plans Number of shares 6,571,365 |
Employees’ subscriptions to Group savings plans Capital 16 |
Employees’ subscriptions to Group savings plans Share premiums and other reserves 652 |
Employees’ subscriptions to Group savings plans Total 668 |
| Decrease in share capital | Decrease in share capital Number of shares (13,803,182) |
Decrease in share capital Capital (35) |
Decrease in share capital Share premiums and other reserves (1,460) |
Decrease in share capital Total (1,495) |
| Total | Total Number of shares (7,231,817) |
Total Capital (18) |
Total Share premiums and other reserves (808) |
Total Total (826) |
Accounting policies and methods
Provisions are recorded in the balance sheet in respect of the Company’s obligations to pay supplementary pensions to certain employees or company officers, for the part relating to beneficiaries who are retired. An off-balance sheet commitment is recorded for the portion relating to beneficiaries who have not yet retired.
Retirement benefit obligations (lump sums paid on retirement and supplementary retirement benefit plans) are measured using the prospective actuarial method (the projected unit credit method) on the basis of external assessments made at each period end, for each existing plan.
Other provisions are intended to cover the risks arising from past or present events that are probable at the balance sheet date. They are estimates as regards their amount and expected period of use.