Societe Generale Buys Stakes in Six Indian NSE Stocks Worth €356 Crore
Societe Generale Buys Stakes in Six Indian NSE Stocks Worth €356 Crore

Societe Generale Buys Stakes in Six Indian NSE Stocks Worth €356 Crore

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Societe Generale, a leading European financial institution serving over 26 million clients in 62 countries, operates through three main business areas incorporating ESG-focused offerings: French Retail Banking, Private Banking & Insurance; Global Banking and Investor Solutions; and Mobility, International Retail Banking & Financial Services. On June 11, 2025, Societe Generale acquired significant equity stakes in six stocks on the NSE, including shares in ICICI Bank valued at nearly Rs. 17 crores and other transactions totaling Rs. 356.4 crores, reflecting its active investment strategy. The bank emphasizes sustainable value creation and is included in major socially responsible investment indices such as DJSI Europe and FTSE4Good Global. In parallel, BNP Paribas declared a substantial share buyback program, purchasing over 13 million shares for more than EUR 1 billion between June 2 and June 6, 2025. Additionally, Klépierre SA, a European leader in shopping malls focused on sustainability, reported its total shares and voting rights as of May 31, 2025, highlighting its commitment to ESG principles and inclusion in various ethical indexes. These developments illustrate the ongoing emphasis on sustainability and strategic investments within major European financial and real estate institutions.

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