Investor Investor

Dividend Policy

With reference to exercise 2007, the General Shareholders’ Meeting of April 23, 2008 approved, pursuant to art. 6 of the By-laws, the distribution of a dividend of € 0.0015 per savings share (5% of the nominal value), for a total payout of about € 204 thousand. The dividend has been paid as of 22 May 2008, with ex-dividend date on 19 May 2008.

In the current credit market environment, the company has adopted a financial policy devoting available financial resources to debt repayment and Internet development in Italy. According to that, the BoD has resolved to propose to the General Shareholders Meeting not to pay dividends in 2008.

Following a chart concerning the dividends resolved by the Company.


 
Shareholder's meeting
Dividend per ordinary share (€)
Dividend per saving share (€)
Gross  dividend ordinary share (€)
Gross dividend saving share (€)
Total dividend (€)
Income per share (€)
Dividend year 2007
04/23/08
-
0.0015
-
204,112.18
204,112.18
0.01054
Dividend year 2006
04/19/07
0.0070
0.0076
57,423,279.87
1,034,168.37
58,457,448.24
0.01001
Dividend year 2005
04/27/06
0.0050
0.0101
40,743,590.98
1,374,355.34
42,117,946.32
0.01028
Extraordinary Dividend year 2003
04/15/04
0.433658
0.433658
 
 
3,578,238,127.84
n.a.

As of June 30, 2008

Last Update: Wed 17 Sep 2008 | 11:19 AM