The Proximus Share
|Stock market||Ticker||National SVM code||Bloomberg code||Thomson code|
|First Market of Euronext Bruxelles||PROX||3810.27||PROX BB||PROX-BT|
The Proximus share is listed in several indexes including the BEL20 and the major European/Telecom indexes.
The table below shows the main indicators on the Proximus share performance.
|Share price high||23.25||32.29||35.67||31.74||32.81|
|Share price low||16.32||20.78||27.93||25.31||26.42|
|Share price at 31 December||21.55||30.10||30.00||27.36||27.35|
|Annual trading volume (number of shares)||189,753,834||178,802,905||179,825,076||157,368,090||147,754,799|
|Average trading volume per day (number of shares)||744,133||701,188||702,442||612,327||579,431|
|Number of outstanding shares||318,759,360||321,230,597||322,003,751||322,637,103||322,638,989|
|Weighted average number of outstanding shares||318,987,711||320,119,106||321,767,821||322,316,200||322,777,440|
|Market capitalization at 31 December (billion EUR)1||6.87||9.67||9.66||8,83||8.82|
|Key data per share - on reported basis|
|Price/earnings at 31 December3||10.9||14.73||20.03||16.86|
|Ordinary dividend (gross)||1.68||1.00||1.00||1.00|
|Gross dividend yield3||10.1%||4.98%||5.00%||5.48%|
|Key data per share - on underlying basis|
|Price/earnings at 31 December2||NA||16.28||17.87||15.96|
1Calculation based on number of outstanding shares & last closing price of the respective year
2Based on weighted average number of outstanding shares, corresponds to the Net Income (Group Share)
3Based on the last closing price of the respective year
Denominator : 338,025,135
|Number of shares||% shares||% Voting rights||% Dividend rights||Number of shares with voting rights||Number of shares with dividend rights|
|Proximus own shares||15.321.318||4,53%||0,00%||0,25%||0||820.036|
The voting rights of the treasury shares are suspended by law. The dividend rights of the treasury shares acquired in 2004 are also suspended, whereas the dividend rights for shares acquired as from 2005 are cancelled.
Proximus entered into a liquidity contract with Kepler Cheuvreux providing them with the mandate to trade Proximus shares on the regulated market of Euronext Brussels. The contract was concluded for a renewable term of 12 months and entered into force on March 1, 2016. At the start of the contract, Proximus made 500,000 own shares available. Kepler Cheuvreux will act entirely independently, in its own name, but for the account of Proximus. The trading of own shares was authorized by the Extraordinary General Meeting of shareholders of 16 April 2014. The transactions are published weekly and can be consulted hereunder.
According to Proximus' bylaws, the thresholds as from which a shareholding needs to be disclosed, have been set at 3% and 7.5%, followed by legal thresholds at 5% and each multiple of 5%.
Notifications of important shareholdings to be made according to the Law of 2 May 2007 or Proximus' bylaws should be sent to:
Declarations of transparancy relative to participation in Proximus - current year
(Previous years available here)
Latest approved shareholder remuneration
The company reconfirms its intention to return over the year 2018 a EUR 1.50 gross dividend per share.
On 24 October 2018, the Proximus Board of Directors approved to return to the shareholders a gross interim dividend of EUR 0.50 per share.
Shareholder Remuneration Policy
Proximus’ Shareholder Remuneration Policy as approved by the Board of Directors on 25 February 2010 :
Proximus commits to an attractive Shareholder Remuneration Policy by returning, in principle, most of its annual Free Cash Flow to its shareholders.
The return of Free Cash Flow either through dividends or share buybacks, will be reviewed on an annual basis, in order to keep strategic financial flexibility for future growth, organically or via selective M&A, with a clear focus on value creation. This also includes confirming appropriate levels of distributable reserves.
The shareholder remuneration policy is based on a number of assumptions regarding future business and market evolutions, and may be subject to change in case of unforeseen risks or events outside the company's control.
Historical overview of dividends
|Accounting year||Coupon n°||General Assembly||Payment date||Gross dividend in EUR|
|2018||26||Wed 18/04/2018||Fri 27/04/2018||1.00|
|2016||24||Wed 19/04/2016||Fri 28/04/2017||1.00|
|2015||22||Wed 20/04/2016||Fri 29/04/2016||1.00|
|2014||20||Wed 15/04/2015||Fri 24/04/2015||1.00|
|2013||18||Wed 16/04/2014||Fri 25/04/2014||1.68|
|2012||16||Wed 17/04/2013||Fri 26/04/2013||1.68|
|2011||14||Wed 18/04/2012||Fri 27/04/2012||1.68|
|2010||12||Wed 13/04/2011||Fri 29/04/2011||1.68|
|2009||10||Wed 14/04/2010||Fri 23/04/2010||1.68|
|2008||8||Wed 08/04/2009||Fri 17/04/2009||1.68|
|2007||6||Wed 09/04/2008||Tue 15/04/2008||1.68|
|2006||4||Wed 11/04/2007||Tue 17/04/2007||1.60|
|2005||2||Wed 12/04/2006||Tue 18/04/2006||1.52|
|2004||1||Wed 13/04/2005||Mon 18/04/2005||1.9349|
Historical overview share buyback
|Year||Million EUR||Number of shares||Average share price in EUR|