Shareholder Remuneration
Shareholder remuneration
Proximus remains committed to an attractive remuneration for its shareholders and intends to return over the result of 2022 an annual gross dividend of € 1.2 per share, in line with Proximus’ announced three-year dividend policy over the period 2020-2022.
The Proximus Board of Directors approved on 26 October 2022 to pay the interim dividend over the 2022 accounting year, EUR 0.50 gross per share, on 9 December 2022.
Coupon 35:
Gross normal dividend: EUR 0.50/share
Net dividend (30% withholding tax assumed): EUR 0.35/share
- Ex-coupon date: 7 December 2022
- Record date: 8 December 2022
- Payment date: 9 December 2022
Dividend policy
Notwithstanding Proximus' elevated investment needs driven by the Fiber network rollout, it remains committed to an attractive remuneration for its shareholders.
Over the result of 2021 an annual gross dividend of € 1.2 per share was returned, in line with the company's announced stable dividend policy over the period 2020-2022.
On an annual basis, the proposed dividend is reviewed and submitted to the Board of Directors, 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 |
|---|---|---|---|---|
| 2021 | 34 | Wed 20/04/2022 | Fri 29/04/2022 | 0.70 |
| 2021 | 33 | - | Fri 10/12/2021 | 0.50 |
| 2020 | 32 | Wed 21/04/2021 | Fri 30/04/2021 | 0.70 |
| 2020 | 31 | - | Fri 11/12/2020 |
0.50 |
| 2019 | 30 | Wed 15/04/2020 | Fri 24/04/2020 |
1.00 |
| 2019 | 29 | - | Fri 06/12/2019 | 0.50 |
| 2018 | 28 | Wed 17/04/2019 | Fri 26/04/2019 | 1.00 |
| 2018 | 27 | - | Fri 07/12/2018 | 0.50 |
| 2017 | 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 |
The financial service institution where shareholders can exercise their financial rights is Euroclear Belgium, Boulevard du Roi Albert II-1, 1210 Brussels.
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 |