PARIS--(BUSINESS WIRE)--Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT):
The Annual General Meeting held on May 24, 2016 approved the payment of an annual dividend for 2015 of €2.44 per share and the option for each shareholder to receive the final dividend of €0.61 per share in cash or in new shares of the Company.
The period for exercising the option ran from June 6, 2016 to June 15, 2016. At the end of the option period, 62% of rights were exercised in favor of receiving the payment for the final dividend for 2015 in shares.
24,372,848 new shares will be issued, representing 1.0% of the Company’s share capital on the basis of the share capital of May 31, 2016. The share price for the new shares to be issued as payment of the final dividend for 2015 was set at €38.26 on May 24, 2016.
The settlement and delivery of the new shares as well as their admission to trading on the Euronext Paris will occur on June 23, 2016. The shares will carry immediate dividend rights and will be fully assimilated with existing shares already listed.
The total remaining cash dividend to be paid to shareholders who did not elect to receive the final dividend for 2015 in shares amounts to 566 million euros and the date for the payment in cash is set for June 23, 2016.
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Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com