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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Rexel SA Proposes FY 2012 Dividend

Monday, 25 Mar 2013 12:45pm EDT 

Rexel SA announced that the Company's Management Board has decided to submit to the Company's annual meeting of shareholders of May 22, 2013, to distribute a fiscal year 2012 dividend of EUR 0.75 per share. This is higher than the last dividend payment of EUR 0.65 for fiscal year 2011. The Company's Management Board has also submitted to the Company's annual meeting of shareholders a resolution in order to offer to each shareholder the choice of opting for the payment of the dividend either in cash or in new shares of Rexel SA. The shareholders can exercise their option from May 31, 2013 (inclusive) to June 21, 2013 (inclusive) upon request to the concerned financial intermediaries. In the event of the absence of exercise of the option before June 21, 2013 (inclusive), the dividend will be paid only in cash. The choice will apply to the full dividend amount for which this choice is offered. The record date is May 30, 2013 and the ex-dividend date is May 31, 2013. The payment in cash or the delivery of the new shares when the option is exercised will be carried out from July 2, 2013. 

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19 Dec 2014