Accor: Shareholders Reinvest Nearly Half of the 2008 Dividend
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Accor: Shareholders Reinvest Nearly Half of the 2008 Dividend
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Catégorie : Monde - Économie du secteur -
Chiffres et études
Ceci est un communiqué de presse sélectionné par notre comité éditorial et mis en ligne gratuitement le 15-06-2009
At their Annual Meeting on May 13, 2009, Accor shareholders set the 2008 dividend at €1.65 per share and approved a dividend reinvestment plan. The dividend was paid on a total of 219,894,523 shares.
The reinvestment period ended on June 8, 2009. Shareholders holding an aggregate 45.5% of the Company’s capital elected to reinvest their dividend in new Accor shares.
The stock dividend will involve the issue of 5,308,523 new shares, which will be settled on June 17 as well.
As a result, the cash dividend will be limited to around €198 million, which will be paid on June 17, 2009.
The Group is pleased at this expression of shareholder confidence in its strategy and long-term prospects.
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