Capital allocation policy
The Group decided in September 2015 to set the annual dividend to be submitted to the approval of the Annual General Meeting of shareholders at €1.70 per share for the next 2 to 3 years. The dividend will be made of an interim dividend paid in February and a final dividend paid in August.
The Board of Directors meeting on November 25, 2016 set the amount of the interim dividend for FY 2016 at €0.80 per share. The interim dividend will be paid in cash. The ex-dividend date will be February 3, 2016 and the payment will be made on February 7, 2016. The balance of the dividend will be paid in August 2017.
|Date* of the interim dividend||Amount of the interim dividend||Date* of the balance of the dividend||Amount of the balance of the dividend||Amount of the full year dividend|