The Board of Directors of Total met on April 26, 2017, and approved a 2017 first interim dividend of 0.62 euro per share. This interim dividend, unchanged compared to the proposed 2016 final dividend and representing an increase of 1.6% compared to the 2016 first interim dividend, is payable in euro according to the following timetable:
- Ex-dividend date September 25, 2017
- Record date September 22, 2017
- Payment date in cash October 12, 2017
or shares issued in lieu of cash
Pending the approval of the 4th resolution at the Annual Shareholders’ Meeting of May 26, 2017, the Board of Directors will meet on September 20, 2017, to:
- declare the 2017 first interim dividend;
- offer, under the conditions set by the fourth resolution at the Combined Shareholders’ Meeting of May 26, 2017, the option for shareholders to receive the 2017 first interim dividend in cash or in new shares of the Company;
- set the issuance price of the new shares with a discount between 0% and 10% based on the average opening price on the Euronext Paris for the 20 trading days preceding the Board of Directors’ meeting, and reduced by the amount of the 2017 first interim dividend;
- set the period for exercising the option from September 25, 2017 to October 4, 2017, both dates inclusive, and;
- decide the payment of the dividend in cash or the delivery of shares issued in lieu of the cash dividend as from October 12, 2017.
American Depositary Receipts (“ADRs”) will receive the 2017 first interim dividend in dollars based on the then-prevailing exchange rate according to the following timetable:
- ADR ex-dividend date September 21, 2017
- ADR record date September 22, 2017
- ADR payment date in cash October 19, 2017
or shares issued in lieu of cash
Registered ADR holders may also contact JP Morgan Chase Bank for additional information. Non-registered ADR holders should contact their broker, financial intermediary, bank or financial institution for additional information.
