Shares and dividends


Number of outstanding ordinary shares (without nominal value)  18,988,803,160
 Number of shares - Historical figures


Over the time horizon of the 2022-2025 Business Plan: a cash dividend distribution was envisaged corresponding to a
payout ratio, based on the consolidated net income, of  70% each year of the Plan; a buyback of 3.4bn euro (*) 
was approved at the Shareholders’ Meeting and authorised by the ECB.  


For the 2022 results, cash interim dividends of 1.4bn euro were paid in November 2022.


Programme of purchase of own shares for annulment (buyback) for an initial outlay of 1.7bn euro launched on 4 July 2022 and concluded on 11 October 2022.


(*) Amount equivalent to the suspended 2019 dividend.


  Dividends (euro) Average stock price
in 2021 
"Dividend yield"
Per ordinary share 0.151 (*) 2.292 6.59%
(*) 0.0721 euro as interim dividend distributed in November 2021 and 0.0789 euro as remaining amount distributed in May 2022.
Market Ratios - Historical figures
{"toolbar":[{"label":"Refresh","url":"","key":"update-page"},{"label":"Print","url":"","key":"print-page"},{"label":"Alert","url":"","key":"enable-alert"},{"label":"Financial Calendar","url":"/en/investor-relations/financial-calendar","key":"financial-calendar"}]}