More in

Bureau Veritas joins France’s CAC 40 stock index

Bureau Veritas has announced its inclusion in the CAC 40, the benchmark index of the Paris stock exchange.

Image © pookpiik - stock.adobe.com.

This decision was made by the Euronext Expert Indices Committee on 17 December 2024, following the quarterly review of the CAC 40 index, and will be effective from 20 December 2024, after market close.

On 16 December 2024, the Bureau Veritas market capitalization stood at €13.6 billion, with BVI shares trading at €30.02, representing a 31% increase since the beginning of the year. The portion of its capital held by the public (free float) represents 74%, largely in the hands of institutional investors around the world.

As it enters the CAC 40, Bureau Veritas further enhances the sectoral diversity of the Parisian index, expanding the Business Services industry, and the Test, Inspection and Certification (TIC) sector exposure.

Bureau Veritas is already a member of the CAC 40 ESG index, reflecting the group’s continuous efforts to be a role model in the economy thanks to its 83,000 employees across the organization.

"Bureau Veritas is honored and proud to be joining the CAC 40, a significant milestone in the group’s nearly bi-centennial history,” said Hinda Gharbi, CEO of Bureau Veritas. “This recognition is the culmination of a remarkable year for Bureau Veritas, marked by the launch of our new strategy LEAP | 28 aimed at generating a step change in performance and shareholder returns.“

The group has a presence in 140 countries, operating 1,610 offices and laboratories and relies on a portfolio of 3,500 agreements and accreditations.