
The dividend is the portion of the company’s distributable reserves which the General Meeting moves to distribute to shareholders after examining and approving the financial statements for the past financial year. This amount is suggested by the Board of Directors.
Since its initial public offering on 22 July 2008, SUEZ ENVIRONNEMENT has distributed two dividends:
The Annual General Meeting of 19 May 2011 approved the dividend for the 2010 business year. This dividend of €0.65 per share will be distributed with a payment option in cash or in the form of SUEZ ENVIRONNEMENT shares. The coupon will be detached on 24 May 2011 and the dividend will be paid out on 27 June 2011.
The period during which shareholders can opt for payment in cash or in shares will begin on 24 May 2011 and expire on 14 June 2011. Beyond this date or if the share-payment option is not taken, the dividend will be paid in cash. Shareholders will receive from their financial intermediary all documents necessary to formulate their choice. The issue price of new shares for shareholders wishing to exercise the option to receive payment in shares is fixed at €13.03. These new shares will confer entitlement on 1 January 2011.
If you hold registered shares, i.e. if your name is registered on a share registry held by the CACEID Corporate Trust for the issuing company (namely, SUEZ ENVIRONNEMENT), the dividend is directly transferred to you.
If you hold bearer’s shares or administered registered shares, the dividend is transferred in a lump sum to the financial intermediaries holding the securities accounts. They in turn distribute the dividend to the various shareholders.
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