Dividends in 2024
Payout of 53.5% of consolidated net profit, through two cash payments in line with the 2024 Dividend Plan (50-60%):
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53.5% of consolidated net profit € 3.1 billion |
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November 20241 April 20252 |
1Interim dividend of €1.1 billion, equivalent to €0.1488 gross per share and representing 40% of consolidated net profit for the first half of 2024, paid on 7 November 2024.
2Final dividend: at the next Annual General Meeting, the Board of Directors will propose a final dividend of €2.0 billion, equivalent to €0.2864 gross per share, for approval by shareholders.
Dividends in 2023:
€2.9 billion, equivalent to 60% of consolidated net profit in 2023
Dividends in 2022:
€1.7 billion, equivalent to 55% of consolidated net profit in 2022
For more information on dividends, please refer to the Policies and other corporate documents section and the Dividends section.
Within the framework of the 2022-2024 Strategic Plan, 6 extraordinary share repurchase programmes have been approved:
Programme | Amount (in millions of euros) |
Execution period |
---|---|---|
1 | 1,800 | May-22 to Dec-22 |
2 | 500 | Sep-23 to Jan-24 |
3 | 500 | Mar-24 to May-24 |
4 | 500 | Jul-24 to Nov-24 |
5 | 500 | In effect since Nov-24 |
6 | 500 | At some point once the fifth programme is complete |
For more information on share buyback programmes, please refer to the Insider Information and Other Relevant Information sections.
The strategic target for 2022–24 capital distribution capacity has been set at €12 billion, of which, distributed or in progress: ~ €9.5 billion1 (~ €2.5 billion yet to paid out, of which €2 billion will be in dividends and €0.5 billion in share buyback programmes).
In ordinary dividends: €5.7 billion
In extraordinary share buyback programmes: €3.8 billion
1Includes the fifth share buyback programme, which is currently in progress.
Last update: January 2025