PARIS--(BUSINESS WIRE)--Regulatory News:
The Board of Directors of Total (Paris:FP) (LSE:TTA) (NYSE:TOT) met on July 27, 2016, and approved a second quarter 2016 interim dividend of 0.61 euro per share, unchanged compared to the first quarter of 2016. The record date will be December 20, 2016 and the ex-dividend date will be December 21, 2016.
The Board of Directors will meet on December 15, 2016, to:
- declare the second quarter 2016 interim dividend;
- offer the option for shareholders to receive the second quarter 2016 interim dividend in cash or in new shares of the Company;
- set the price of the new shares with a discount of up to 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 second quarter 2016 interim dividend;
- set the period for exercising the option from December 21, 2016 to January 4, 2017, both dates inclusive, and;
- confirm the payment of the dividend as from January 12, 2017.
American Depositary Receipts (“ADRs”) will receive the second quarter 2016 interim dividend in dollars based on the then-prevailing exchange rate according to the following timetable:
|ADR ex-dividend date||December 16, 2016|
|ADR record date||December 20, 2016|
|ADR payment date in cash||January 20, 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.
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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