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Eutelsat Communications ( (FR:ETL) ) has shared an update.
Eutelsat Communications held its Annual General Meeting in Paris, where all proposed resolutions were approved, including financial statements, regulated agreements, director renewals, and remuneration policies. The meeting also authorized the Board to acquire and potentially cancel company shares. Certain resolutions regarding capital reduction and share issuance were withdrawn to protect corporate interests and align with capital increase timelines.
More about Eutelsat Communications
Eutelsat Communications is a global leader in satellite communications, providing connectivity and broadcast services worldwide. Formed through a merger with OneWeb in 2023, it is the first fully integrated GEO-LEO satellite operator, with a fleet of 34 Geostationary satellites and over 600 Low Earth Orbit satellites. Eutelsat serves customers in video distribution and high-growth connectivity markets, including mobile, fixed, and government services. Headquartered in Paris, the company employs over 1,600 people across more than 75 countries and is listed on the Euronext Paris and London Stock Exchanges.
For an in-depth examination of ETL stock, go to TipRanks’ Overview page.