I buy Air Liquide shares

How do I buy Air Liquide shares? Discover the different ways you can buy shares and types of transactions we offer.

Where can I buy shares of Air Liquide?

There are two ways to buy Air Liquide shares: either from Air Liquide, or from a financial institution, for example a bank.

From Air Liquide

Your shares are directly registered

You can buy your shares from Air Liquide without resorting to a financial intermediary. Opening a securities account with Air Liquide is free, and has no management or handling fees. Your shares are registered in your name in the Air Liquide register.

Once you have opened a direct registered securities account, there are three ways you can buy shares:

On your online Shareholder Portal: you can directly place your stock orders and benefit from a favorable brokerage rate with no minimum purchase:
- 0.10% (excl. tax) for stock orders placed via your online Shareholder Portal.
- 0.15% (excl. tax) for stock orders placed via other channels (phone, mail, etc.).

Over the phone: dial 0 800 166 179 (for free calls from France) or +33 1 57 05 02 26 (for international calls).
By webform: send a filled out Stock Market Order Form on this contact page (select “Stock orders,” then “Place an order").
By mail: send your request to the following address, Air Liquide — Shareholder Services Department — TSA 91948 — 62978 Arras Cedex 9

From a financial institution

The shares are bearer shares by default or intermediary registered shares

You can buy your shares from a financial institution via a securities account or a share savings plan at the financial institution. By default your shares are “bearer shares.” You can ask your financial institution to convert them into “intermediary registered” shares and as a result benefit from Air Liquide’s loyalty bonus for intermediary registered shares owned for more than two calendar years. As such, it is in your interest to convert your shares as soon as possible following their purchase or at least before the start of a new calendar year. Your financial institution acts as your point of contact.

Download the form to convert your shares to intermediary registered shares below and return it to your financial institution.

Please note that your financial institution may bill you for the share conversion.

Conversion of bearer securities to intermediary registered securities

Download the document PDF (133.03 KB)

Most frequently used stock market orders

Listed below are the three stock transactions offered by Air Liquide.

Market orders

A market order is a purchase without a price limit. It takes priority over all other order types and is executed in its totality.

Limit orders

You are the one who chooses what share price you want; you decide what purchase price you want. The order is executed if the market price is equal to or less than the price that you set. It may be only partially executed if the amount of tradable securities on the market is not available at the price you set.

Best price orders

You did not specify an exact price. The order is executed at the best price available when it reaches the market. The order may be partially executed if the amount of tradable securities on the market is not available at this best price.

Why choose to buy direct registered shares?

When you hold direct registered shares, you enjoy a number of benefits, such as:

Access your online Shareholder Portal to carry out your transactions,
A favorable brokerage rate:
- 0.10% (excl. tax) for stock orders placed via your online Shareholder Portal.
- 0.15% (excl. tax) for stock orders placed via other channels (phone, mail, etc.).

Learn more about the benefits of being an Air Liquide Shareholder

Going further

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Whether you hold direct registered shares with Air Liquide or your securities account or share savings plan is managed by a financial institution, there are two main ways in which you can place your stock market orders.

You buy or sell at the current share price: your order has priority, meaning it is executed immediately and in full. No cancellation is possible, you are therefore guaranteed to complete the transaction.

You buy or sell at a price you have set: the order is conditional on reaching this limit price. It can therefore be partially executed, cancellation is possible provided the order is not fully executed.

If the share price does not reach the limit you set, the order will not be fulfilled. You do not need to follow share price performance, because the limit you set is fixed for a given period.

If you hold direct registered shares with Air Liquide, you can place your orders from your Online Shareholder Portal.

For more information visit the Investors section of www.airliquide.com

How to buy or sell my shares?

There are 2 main ways of placing stock market orders: buy or sell on the market price order or limit price order. What are the differences and how do you choose? Discover the first episode in our series of educational videos to understand the essentials of the stock market and help individual Shareholders manage their share portfolios.
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There are three ways to hold Air Liquide shares: with direct registered shares from Air Liquide, which means you are a direct registered Shareholder; or with a financial institution, which means you are a bearer or intermediary registered Shareholder.

Depending on how your shares are held, you benefit from specific services. If you are a direct registered Shareholder with Air Liquide:

You pay no management or handling fees.

Your brokerage rate is 0.10% excluding tax, regardless of how many shares you hold; from the first share.

Your Shareholder Portal helps you manage your stock portfolio directly and online; and place your stock orders.

You get an automatic loyalty bonus after holding your shares for two full calendar years.

You receive an individual invitation to the Annual General Meeting and you can exercise your right to vote.

Our Air Liquide’s Shareholder Relations Advisors are at your disposal to answer any questions.

If your securities account or share savings plan is managed by a financial institution: the bank applies variable fees; handling fees, broker fees, management fees.

If you wish to receive the loyalty bonus, you must ask your bank to convert your shares into intermediary registered shares before December 31 and retain them for two full calendar years.

In all cases, you will receive free shares in the event that they are awarded.

For more information, visit the Investors section of airliquide.com.
3 ways of holding my shares
There are 3 ways to hold your Air Liquide shares: directly with Air Liquide (direct registered shares) or with your financial institution (bearer shares or intermediary registered shares). To find out more, watch the second episode of our educational videos series entitled "Act now!”.
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Holding my Air Liquide registered shares allows me to maintain a special and close relationship with the company.

If I hold my shares in a financial institution, they are registered as bearer shares by default.

I can request that the financial institution convert them to intermediary registered shares.

By filling in the share conversion form available at airliquide.com or from your Air Liquide Shareholder Relations Advisors and sending it to my financial institution.

Following the conversion, my shares are registered in my name in the Air Liquide share register and eligible for the loyalty bonus.

If I hold my shares in a financial institution, in a bearer or intermediary registered form, I can request that they be transferred to Air Liquide in direct registered form.

By filling in the share transfer form available at airliquide.com or from your Air Liquide Shareholder Relations Advisors and sending it to my financial institution.

Following the transfer, my direct registered shares are automatically eligible for the loyalty bonus.

To find out more, visit the Investors section of www.airliquide.com.

How to register your shares?

By registering your Air Liquide shares, you can maintain a special relationship with the Group and benefit from the loyalty bonus if your shares are eligible. To find out all about the procedures for converting or transferring your shares into registered form, discover the new episode of our "Act now" series!
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I can enjoy a dual advantage on my Share Savings Plan for my Air Liquide shares.

First, I benefit from a tax shield. By keeping my Share Savings Plan for five years, I am exempt from tax on all profits made.

This means I won't have to pay the 12.8% tax on either capital gains or dividends.

Furthermore, I can benefit from Air Liquide's Loyalty Bonus. To do this, I ask my bank to convert my Air Liquide shares into intermediary registered shares and hold them for two full calendar years. I will then benefit from a 10% increase on dividends received and also 10% on Free Shares distributed.

I therefore benefit from both the tax shield and the Loyalty Bonus for my Air Liquide shares in my Share Savings Plan.

For more information, visit the Investors section of airliquide.com.

How can I benefit from a double advantage for my shares held in a Share Savings Plan?

Did you know that holding your shares in a Share Savings Plan ("PEA" in French) allows you to benefit of a double advantage: tax shield and Air Liquide Loyalty Bonus? To find out more, watch the latest episode of our "Act now!" series.

Do you have questions?

Need help with your share purchase? Take a look at our answers to some of your most frequently asked questions.

Learn more