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Shares and dividends

SHARES

 Nominal Value: 0.52 euro each
Number of outstanding shares 16,778,580,344
of which:  
Ordinary shares 15,846,089,783
Non-convertible savings shares 932,490,561
 
 Number of shares - Historical figures
 

DIVIDEND POLICY


0.8bn euro cash payout for 2013. Strong and increasing ordinary cash dividend distribution for the 2014-2017 period covered by the Business Plan, subject to regulatory requirements: 1bn euro for 2014, 2bn euro for 2015, 3bn euro for 2016, 4bn euro for 2017. Starting from 2016-2017, capital in excess of regulatory requirements that is not needed for further growth initiatives will be distributed to shareholders.
 

DIVIDENDS

  Reserves assigned on 22 May 2014 (euro) Average stock price in 2013 (euro) "Dividend yield"
Per ordinary share 0.050 1.476 3.39%
Per savings share 0.050 1.229 4.07%
 
Market Ratios - Historical figures
 
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