Hence, a dividend of 2.75 euros shall be paid to each of the shares conferring entitlement to a dividend, it being specified that in the event of a change in the number of shares conferring entitlement to a dividend compared to the 473,660,724 shares making up the share capital as of December 31, 2020, the overall dividend amount would be adjusted accordingly and the amount appropriated to the retained earnings account would be determined on the basis of the dividend effectively paid.
The dividend payment date will be set for May 19, 2021:
The dividend distributions made with respect to the last three fiscal years are as follows:
Total amount distributed (a) (in euros) | Number of shares concerned (b) | Dividend distributed eligible in its entirety for the 40% (in euros) | |
|---|---|---|---|
| Fiscal year 2017 | Fiscal year 2017 Total amount distributed (a) (in euros)
| Fiscal year 2017 Number of shares concerned (b)
| Fiscal year 2017 Dividend distributed eligible in its entirety for the 40% (in euros)
|
Ordinary dividend | Ordinary dividend Total amount distributed (a) (in euros) 1,135,253,508 | Ordinary dividend Number of shares concerned (b)428,397,550 | Ordinary dividend Dividend distributed eligible in its entirety for the 40% (in euros) 2.65 |
Loyalty dividend | Loyalty dividend Total amount distributed (a) (in euros) 30,459,742 | Loyalty dividend Number of shares concerned (b)117,152,854 | Loyalty dividend Dividend distributed eligible in its entirety for the 40% (in euros) 0.26 |
| Fiscal year 2018 | Fiscal year 2018 Total amount distributed (a) (in euros)
| Fiscal year 2018 Number of shares concerned (b)
| Fiscal year 2018 Dividend distributed eligible in its entirety for the 40% (in euros)
|
Ordinary dividend | Ordinary dividend Total amount distributed (a) (in euros) 1,137,972,100 | Ordinary dividend Number of shares concerned (b)429,423,434 | Ordinary dividend Dividend distributed eligible in its entirety for the 40% (in euros) 2.65 |
Loyalty dividendé | Loyalty dividendé Total amount distributed (a) (in euros) 33,416,412 | Loyalty dividendé Number of shares concerned (b)128,524,663 | Loyalty dividendé Dividend distributed eligible in its entirety for the 40% (in euros) 0.26 |
| Fiscal year 2019 | Fiscal year 2019 Total amount distributed (a) (in euros)
| Fiscal year 2019 Number of shares concerned (b)
| Fiscal year 2019 Dividend distributed eligible in its entirety for the 40% (in euros)
|
Ordinary dividend | Ordinary dividend Total amount distributed (a) (in euros) 1,277,384,888 | Ordinary dividend Number of shares concerned (b)473,105,514 | Ordinary dividend Dividend distributed eligible in its entirety for the 40% (in euros) 2.70 |
Loyalty dividend | Loyalty dividend Total amount distributed (a) (in euros) 36,221,817 | Loyalty dividend Number of shares concerned (b)134,154,877 | Loyalty dividend Dividend distributed eligible in its entirety for the 40% (in euros) 0.27 |
(a) Theoretical values calculated based on the number of shares as of December 31 for each fiscal year.
(b) Number of shares expressed historically as of December 31 for each fiscal year. The amounts effectively paid after adjustment were as follows:
The adjustment especially arises from the change in the number of treasury shares, from the final determination of the loyalty dividend taking into account shares sold between January 1 and the ex-dividend date, from the exercise of options over this same period and the capital increase reserved for employees.
(c) ) Applicable, under certain conditions, when the progressive income tax rate is applied.
Pursuant to the provisions of the articles of association, a loyalty dividend of 10%, i.e. 0.27 euro per share with a par value of 5.50 euros, shall be granted to shares which have been held in registered form since December 31, 2018, and which remain held in this form continuously until May 19, 2021, the dividend payment date.
In accordance with article 117 quarter of the French General Tax Code, it is specified that ordinary and loyalty dividends paid to individuals with their tax residence in France are fully subject to the single flat-rate withholding tax of 12.8%. Nonetheless, at the express, irrevocable and global request of the shareholder, these dividends may be subject to the progressive income tax rate and shall therefore be eligible for the 40% allowance referred to in section 2° of paragraph 3 of article 158 of the French General Tax Code, which is applicable under certain conditions. In all cases, these ordinary and loyalty dividends shall also be subject to social contributions at a rate of 17.2%.
The total amount of the loyalty dividend for the 131,753,261 shares which have been held in registered form since December 31, 2018, and which remained held in this form continuously until December 31, 2020, amounts to 35,573,380 euros.
The total loyalty dividend corresponding to these 131,753,261 shares that cease to be held in registered form between January 1, 2021 and May 19, 2021, the dividend payment date, shall be deducted from the aforementioned amount.
