Shareholder Remuneration
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 | 27 | - | Fri 07/12/2018 | 0.50 |
| 2018 | 26 | Wed 18/04/2018 | Fri 27/04/2018 | 1.00 |
| 2017 | 25 | - | Fri 08/12/2017 | 0.50 |
| 2016 | 24 | Wed 19/04/2016 | Fri 28/04/2017 | 1.00 |
| 2016 | 23 | - | Fri 09/12/2016 | 0.50 |
| 2015 | 22 | Wed 20/04/2016 | Fri 29/04/2016 | 1.00 |
| 2015 | 21 | - | Fri 11/12/2015 | 0.50 |
| 2014 | 20 | Wed 15/04/2015 | Fri 24/04/2015 | 1.00 |
| 2014 | 19 | - | Fri 12/12/2014 | 0.50 |
| 2013 | 18 | Wed 16/04/2014 | Fri 25/04/2014 | 1.68 |
| 2013 | 17 | - | Fri 06/12/2013 | 0.50 |
| 2012 | 16 | Wed 17/04/2013 | Fri 26/04/2013 | 1.68 |
| 2012 | 15 | - | Fri 14/12/2012 | 0.81 |
| 2011 | 14 | Wed 18/04/2012 | Fri 27/04/2012 | 1.68 |
| 2011 | 13 | - | Fri 09/12/2011 | 0.50 |
| 2010 | 12 | Wed 13/04/2011 | Fri 29/04/2011 | 1.68 |
| 2010 | 11 | - | Fri 10/12/2010 | 0.50 |
| 2009 | 10 | Wed 14/04/2010 | Fri 23/04/2010 | 1.68 |
| 2009 | 9 | - | Fri 04/12/2009 | 0.40 |
| 2008 | 8 | Wed 08/04/2009 | Fri 17/04/2009 | 1.68 |
| 2008 | 7 | - | Tue 16/12/2008 | 0.50 |
| 2007 | 6 | Wed 09/04/2008 | Tue 15/04/2008 | 1.68 |
| 2007 | 5 | - | Thu 06/12/2007 | 0.50 |
| 2006 | 4 | Wed 11/04/2007 | Tue 17/04/2007 | 1.60 |
| 2006 | 3 | - | Wed 06/12/2006 | 0.29 |
| 2005 | 2 | Wed 12/04/2006 | Tue 18/04/2006 | 1.52 |
| 2004 | 1 | Wed 13/04/2005 | Mon 18/04/2005 | 1.9349 |
Share Buyback
Historical overview share buyback
| Year | Million EUR | Number of shares | Average share price in EUR |
|---|---|---|---|
| 2011 | 100 | 4,300,975 | 23.25 |
| 2008 | 200 | 7,379,925 | 27.10 |
| 2007 | 230 | 7,038,765 | 32.68 |
| 2006 | 200 | 6,782,656 | 29.49 |
| 2005 | 300 | 10,613,234 | 28.27 |