Shares and dividends


Number of outstanding ordinary shares (without nominal value)  18,282,798,989
 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; in the second half of 2022 and the first half of 2023 a buyback was executed for a total of 3.4bn euro (*).  


For the 2023 results, cash interim dividends of 2.6bn euro paid in November 2023 and cash remaining dividends of
2.8bn euro paid in May 2024, for a total dividend distribution of 5.4bn euro.


Buyback of 1.7bn euro launched in June 2024.



(*) Amount equivalent to the suspended 2019 dividend.


  Dividends (euro cents) Average stock price
in 2023 
"Dividend yield"
Per ordinary share 29.60 2.438 12.1%
(*) 14.40 euro cents as interim dividend paid in November 2023 and 15.20 euro cents as remaining dividend paid in May 2024.
Market Ratios - Historical figures
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