Registration document 2007 - Total.com
Registration document 2007 - Total.com
Registration document 2007 - Total.com
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Pursuant to this authorization, the Board of Directors awarded<br />
574,000 existing TOTAL shares, par value 10 euros per share,<br />
i.e. 2,296,000 shares, par value 2.50 euros per share, at its<br />
meeting of July 19, 2005, and 2,295,684 TOTAL existing<br />
shares, par value 2.50 euros per share, at its meeting of<br />
July 18, 2006, i.e. 4,591,684 existing TOTAL shares, par value<br />
2.50 euros per share. Therefore, as of December 31, 2006,<br />
19,665,995 shares, par value 2.50 euros per share, could be<br />
issued pursuant to this authorization.<br />
• Authority to cancel shares up to a maximum of 10% of the<br />
share capital per 24-month period. This authorization, granted<br />
by the Shareholders’ Meeting of May 7, 2002, is effective until<br />
the Shareholders’ Meeting called to approve the financial<br />
statements for the year ending December 31, 2006. Pursuant<br />
to this authorization, the Board of Directors decided to cancel:<br />
– 23,443,245 shares, par value 10 euros per share, i.e.<br />
93,772,980 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of November 19, 2002;<br />
– 9,900,000 shares, par value 10 euros per share, i.e.<br />
39,600,000 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of July 16, 2003;<br />
– 30,100,000 shares, par value 10 euros per share, i.e.<br />
120,400,000, par value 2.50 euros per share, on decision<br />
of the Board of Directors of November 6, 2003, effective<br />
November 21, 2003;<br />
– 19,873,932 shares, par value 10 euros per share, i.e.<br />
79,495,728 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of November 9, 2004,<br />
effective November 20, 2004;<br />
– 13,527,578 shares, par value 10 euros per share, i.e.<br />
54,110,312 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of July 19, 2005;<br />
– 7,547,990 shares, par value 10 euros per share, i.e.<br />
30,191,960 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of November 3, 2005,<br />
effective November 22, 2005, and<br />
– 47,020,000 shares, par value 2.50 euros per share, on<br />
decision of the Board of Directors of July 18, 2006.<br />
Thus, as of December 31, 2006, taking into account the shares<br />
previously cancelled, 111,254,523 shares could still be cancelled<br />
under this authorization before the Shareholders’ Meeting of<br />
May 11, <strong>2007</strong>.<br />
General information<br />
Share capital<br />
8<br />
Furthermore, the Board of Directors decided to cancel<br />
33,005,000 shares, par value 2.50 euros per share, on<br />
January 10, <strong>2007</strong>. Therefore, as of February 28, <strong>2007</strong>, taking into<br />
account all the shares which have been cancelled for the last<br />
24 months, a maximum of 74,949,023 shares may be cancelled<br />
until May 11, <strong>2007</strong> under this authorization before the<br />
Shareholders’ Meeting of May 11, <strong>2007</strong>.<br />
TOTAL – <strong>Registration</strong> Document 2006 155